COMPANY REGISTRATION NUMBER:
13874015
Filleted Unaudited Financial Statements |
|
Statement of Financial Position |
|
30 June 2023
Fixed assets
Current assets
Cash at bank and in hand |
1 |
|
|
Creditors: amounts falling due within one year |
5 |
330,853 |
|
--------- |
Net current liabilities |
330,852 |
|
--------- |
Total assets less current liabilities |
(
846) |
|
-------- |
Net liabilities |
(
846) |
|
-------- |
|
|
|
Capital and reserves
Called up share capital |
7 |
Profit and loss account |
(
853) |
|
-------- |
Shareholders deficit |
(
846) |
|
-------- |
|
|
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 statement of comprehensive income has not been delivered.
For the period ending 30th June 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
17 April 2024
, and are signed on behalf of the board by:
Company registration number:
13874015
Notes to the Financial Statements |
|
Period from 26th January 2022 to 30th June 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 Unit 7 Lancaster Close, Sherburn in Elmet, Leeds, West Yorkshire, LS25 6NS.
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.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
Basic financial instruments are recognised at amortised cost. The company holds the following financial assets and liabilities: Short-term trade and other debtors and creditors Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.
4.
Investments
|
Shares in group undertakings |
|
£ |
Cost |
|
At 26th January 2022 |
– |
Additions |
330,006 |
|
--------- |
At 30th June 2023 |
330,006 |
|
--------- |
Impairment |
|
At 26th January 2022 and 30th June 2023 |
– |
|
--------- |
|
|
Carrying amount |
|
At 30th June 2023 |
330,006 |
|
--------- |
|
|
5.
Creditors:
amounts falling due within one year
|
30 Jun 23 |
|
£ |
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
330,000 |
Other creditors |
853 |
|
--------- |
|
330,853 |
|
--------- |
|
|