for the Period Ended 27 June 2023
Company Information - 3 | |
Balance sheet - 4 | |
Additional notes - 6 | |
Balance sheet notes - 9 |
for the Period Ended 27 June 2023
Director: |
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Registered office: |
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Company Registration Number: |
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As at
Notes |
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2022 £ |
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Fixed assets | |||
Tangible assets: | 4 |
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Total fixed assets: |
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Current assets | |||
Stocks: |
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Debtors: | 5 |
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Cash at bank and in hand: |
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Total current assets: |
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Prepayments and accrued income: |
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Creditors: amounts falling due within one year: | 6 |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: | 7 |
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Total net assets (liabilities): |
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The notes form part of these financial statements
As at 27 June 2023
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2022 £ |
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Capital and reserves | |||
Called up share capital: |
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Profit and loss account: |
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Shareholders funds: |
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This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 27 June 2023
Basis of measurement and preparation
Turnover policy
Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Tangible fixed assets depreciation policy
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
DEPRECIATION
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class Depreciation method and rate
Plant and machinery 25% straight line
Computer equipment 25% straight line
CASH AND CASH EQUIVALENTS
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Valuation information and policy
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition.
At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.
for the Period Ended 27 June 2023
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Average number of employees during the period |
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was 5 (2022 - 3).
for the Period Ended 27 June 2023
for the Period Ended 27 June 2023
Plant & machinery | Office equipment | Total | |
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Cost | £ | £ | £ |
At 28 June 2022 |
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Additions | - |
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Disposals | - | - | - |
Revaluations | - | - | - |
Transfers | - | - | - |
At 27 June 2023 |
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Depreciation | |||
At 28 June 2022 |
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Charge for year |
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On disposals | - | - | - |
Other adjustments | - | - | - |
At 27 June 2023 |
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Net book value | |||
At 27 June 2023 |
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At 27 June 2022 |
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for the Period Ended 27 June 2023
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2022 £ |
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Trade debtors |
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Other debtors |
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Total |
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for the Period Ended 27 June 2023
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2022 £ |
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Bank loans and overdrafts |
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Total |
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for the Period Ended 27 June 2023
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2022 £ |
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Bank loans and overdrafts |
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Total |
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