COMPANY REGISTRATION NUMBER:
11233595
FILLETED UNAUDITED FINANCIAL STATEMENTS |
|
STATEMENT OF FINANCIAL POSITION |
|
31 March 2024
CURRENT ASSETS
Debtors |
4 |
101 |
|
101 |
Cash at bank and in hand |
19 |
|
19 |
|
---- |
|
---- |
|
120 |
|
120 |
|
|
|
|
|
CREDITORS: amounts falling due within one year |
5 |
19 |
|
19 |
|
---- |
|
---- |
NET CURRENT ASSETS |
|
101 |
101 |
|
|
---- |
---- |
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
101 |
101 |
|
|
---- |
---- |
|
|
|
|
|
CAPITAL AND RESERVES
Called up share capital |
|
101 |
101 |
|
|
---- |
---- |
SHAREHOLDERS FUNDS |
|
101 |
101 |
|
|
---- |
---- |
|
|
|
|
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 income and retained earnings has not been delivered.
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the year 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
9 April 2024
, and are signed on behalf of the board by:
Company registration number:
11233595
NOTES TO THE FINANCIAL STATEMENTS |
|
YEAR ENDED 31 MARCH 2024
1.
GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Fulford Lodge, 1 Heslington Lane, Fulford, York, YO10 4HW, England.
2.
STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
ACCOUNTING POLICIES
(a)
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.
(b)
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
|
2024 |
2023 |
|
£ |
£ |
Other debtors |
101 |
101 |
|
---- |
---- |
|
|
|
5.
CREDITORS:
amounts falling due within one year
|
2024 |
2023 |
|
£ |
£ |
Director loan accounts |
19 |
19 |
|
---- |
---- |
|
|
|
6.
COVID 19
In March 2020 the UK was impacted by the outbreak of Covid-19. The Government imposed significant restrictions at that time in an effort to manage the spread of the virus which resulted in the company having to review and change its working practices to ensure compliance with these restrictions. More latterly, the UK economy has been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis.
7.
RELATED PARTY TRANSACTIONS
At the year end the company owed the directors £
18.72
(2022: £ 18.72
). This loan is interest free and repayable on demand.