COMPANY REGISTRATION NUMBER:
14871805
Filleted Financial Statements |
|
Statement of Financial Position |
|
31 December 2023
Current assets
Creditors: amounts falling due within one year |
6 |
720 |
|
|
---- |
|
Net current liabilities |
|
620 |
|
|
---- |
Total assets less current liabilities |
|
(
620) |
|
|
---- |
Net liabilities |
|
(
620) |
|
|
---- |
|
|
|
|
Capital and reserves
Called up share capital |
|
100 |
Profit and loss account |
|
(
720) |
|
|
---- |
Shareholders deficit |
|
(
620) |
|
|
---- |
|
|
|
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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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
26 July 2024
, and are signed on behalf of the board by:
Mr S Loftus |
Mr P Dempsey |
Director |
Director |
|
|
Company registration number:
14871805
Notes to the Financial Statements |
|
Period from 16 May 2023 to 31 December 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 Eden Square East Retail Unit 1, 7 Hatton Garden, Liverpool, L3 2FE, United Kingdom.
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 are prepared on a basis other than going concern, under the historical cost convention, and comply with the financial reporting standards of the Financial Reporting Council and the Companies Act 2006. The financial statements are prepared in sterling, which is the functional currency of the entity.
Debtors
Trade and other debtors including amounts owed by group companies are recognised initially at transaction price. A provision for impairment is established where there is objective evidence that the company will not be able to collect all amounts due according to the original terms of receivables.
Creditors and accruals
Creditors and accruals are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.
Share capital
Ordinary shares are classified as equity.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to nil.
5.
Debtors
|
31 Dec 23 |
|
£ |
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
100 |
|
---- |
|
|
Amounts owed by group companies are unsecured, interest free and repayable on demand.
6.
Creditors:
amounts falling due within one year
|
31 Dec 23 |
|
£ |
Other creditors |
720 |
|
---- |
|
|
7.
Summary audit opinion
The auditor's report for the period dated
29 July 2024
was
unqualified
.
The senior statutory auditor was
Ms. Kate Crossan
, for and on behalf of
Lenfestey & Co Limited
.
8.
Related party transactions
In accordance with FRS 102 the company has elected not to disclose related party transactions with wholly owned subsidiary companies within the group.
9.
Ethical standards
In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
10.
Controlling party
The company is a wholly owned subsidiary of
Raydara Holdings DAC.
The company's ultimate parent undertaking is FRO III Cedar Holdings LP
, a Cayman Islands Limited Partnership with a registered office at Maples Corporate Services Limited, P.O. Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands. The parent of the smallest group in which the results are consolidated is Arago Investments Ltd
, a company registered in Ireland with a registered office address at 12 Lower Hatch Street, Dublin 2, 2, D02R682, Ireland
.