COMPANY REGISTRATION NUMBER:
13825723
FILLETED UNAUDITED FINANCIAL STATEMENTS |
|
PERIOD FROM 4 JANUARY 2022 TO 31 JANUARY 2023
Balance sheet
1
Notes to the financial statements
2 to 3
31 January 2023
Current assets
Debtors |
4 |
8,550 |
Cash at bank and in hand |
33,560 |
|
------------ |
|
42,110 |
|
|
|
Creditors: amounts falling due within one year |
5 |
(
9,469) |
|
------------ |
Net current assets |
32,641 |
|
------------ |
Total assets less current liabilities |
32,641 |
|
------------ |
Net assets |
32,641 |
|
------------ |
|
|
|
Capital and reserves
Called up share capital |
6 |
110 |
Profit and loss account |
32,531 |
|
------------ |
Shareholders funds |
32,641 |
|
------------ |
|
|
|
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.
For the period ending 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
2 October 2023
, and are signed on behalf of the board by:
Company registration number:
13825723
NOTES TO THE FINANCIAL STATEMENTS |
|
PERIOD FROM 4 JANUARY 2022 TO 31 JANUARY 2023
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 35 Westgate, Huddersfield, West Yorkshire, HD1 1PA.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4.
Debtors
|
31 Jan 23 |
|
£ |
Trade debtors |
7,660 |
Called up share capital not paid |
10 |
Director loan account |
880 |
|
------------ |
|
8,550 |
|
------------ |
|
|
5.
Creditors:
amounts falling due within one year
|
31 Jan 23 |
|
£ |
Accruals and deferred income |
900 |
Corporation tax |
8,569 |
|
------------ |
|
9,469 |
|
------------ |
|
|
6.
Called up share capital
Issued, called up and fully paid
|
31 Jan 23 |
|
No. |
£ |
Ordinary A shares of £ 1 each |
100 |
100 |
Ordinary B shares of £ 1 each |
5 |
5 |
Ordinary C shares of £ 1 each |
5 |
5 |
|
------------ |
------------ |
|
110 |
110 |
|
------------ |
------------ |
|
|
|
During the period, 100 Ordinary A, 5 Ordinary B and 5 Ordinary C class shares were issued.
7.
Related party transactions
The directors's loan account of £880 included in debtors is unsecured, repayable on demand and is currently interest free. The company is controlled by M A Qureshi.