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Financial Statements |
Contents |
Pages |
Officers and professional advisers |
1 |
Statement of financial position |
2 to 3 |
Notes to the financial statements |
4 to 9 |
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Officers and Professional Advisers |
The board of directors |
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Company secretary |
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Registered office |
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Accountants |
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Chartered Accountants |
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3B Swallowfield Courtyard |
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Wolverhampton Road |
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Oldbury |
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West Midlands |
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B69 2JG |
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Statement of Financial Position |
2024 |
2023 |
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Note |
£ |
£ |
£ |
Tangible assets |
6 |
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Stocks |
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Debtors |
7 |
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Cash at bank and in hand |
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-------- |
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Creditors: amounts falling due within one year |
8 |
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-------- |
--------- |
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Net current (liabilities)/assets |
(
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Total assets less current liabilities |
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Taxation including deferred tax |
9 |
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Net assets |
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Statement of Financial Position (continued) |
2024 |
2023 |
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Note |
£ |
£ |
£ |
Called up share capital |
11 |
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Profit and loss account |
12 |
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Shareholders funds |
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Notes to the Financial Statements |
Plant and Machinery |
- |
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Fixtures and Fittings |
- |
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Equipment |
- |
20% reducing balance |
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2024 |
2023 |
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£ |
£ |
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UK current tax expense |
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Adjustments in respect of prior periods |
– |
(
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Total current tax |
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Origination and reversal of timing differences |
(
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(
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-------- |
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Taxation on ordinary activities |
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-------- |
-------- |
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2024 |
2023 |
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£ |
£ |
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Profit on ordinary activities before taxation |
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-------- |
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Profit on ordinary activities by rate of tax |
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Adjustment to tax charge in respect of prior periods |
– |
(
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Effect of capital allowances and depreciation |
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(
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Tax on profit |
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Plant and machinery |
Fixtures and fittings |
Equipment |
Total |
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£ |
£ |
£ |
£ |
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Cost |
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At 1 February 2023 |
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28,650 |
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Additions |
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– |
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-------- |
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-------- |
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At 31 January 2024 |
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28,650 |
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-------- |
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Depreciation |
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At 1 February 2023 |
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20,260 |
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Charge for the year |
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1,678 |
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-------- |
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At 31 January 2024 |
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21,938 |
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-------- |
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Carrying amount |
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At 31 January 2024 |
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6,712 |
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-------- |
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At 31 January 2023 |
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8,390 |
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-------- |
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2024 |
2023 |
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£ |
£ |
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Trade debtors |
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Prepayments and accrued income |
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------- |
------- |
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------- |
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2024 |
2023 |
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£ |
£ |
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Bank loans and overdrafts |
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Trade creditors |
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Accruals and deferred income |
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Corporation tax |
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Social security and other taxes |
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Director loan accounts |
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Other creditors |
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-------- |
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-------- |
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Deferred tax (note 10) |
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£ |
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At 1 February 2023 |
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Additions |
(
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------- |
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At 31 January 2024 |
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------- |
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2024 |
2023 |
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£ |
£ |
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Included in provisions (note 9) |
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------- |
------- |
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2024 |
2023 |
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£ |
£ |
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Accelerated capital allowances |
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------- |
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2024 |
2023 |
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No. |
£ |
No. |
£ |
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100 |
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100 |
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2024 |
2023 |
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£ |
£ |
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Not later than 1 year |
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Later than 1 year and not later than 5 years |
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