COMPANY REGISTRATION NUMBER:
14407307
Filleted Unaudited Abridged Financial Statements |
|
Abridged Statement of Financial Position |
|
31 October 2023
Current assets
Cash at bank and in hand |
588 |
|
|
Creditors: amounts falling due within one year |
920 |
|
---- |
Net current liabilities |
332 |
|
---- |
Total assets less current liabilities |
(
332) |
|
---- |
Net liabilities |
(
332) |
|
---- |
|
|
Capital and reserves
Called up share capital |
100 |
Profit and loss account |
(
432) |
|
---- |
Shareholders deficit |
(
332) |
|
---- |
|
|
These abridged 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 abridged statement of comprehensive income has not been delivered.
For the period ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its abridged financial statements for the period in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the period ending 31 October 2023 in accordance with Section 444(2A) of the Companies Act 2006.
These abridged financial statements were approved by the
board of directors
and authorised for issue on
15 August 2024
, and are signed on behalf of the board by:
Company registration number:
14407307
Notes to the Abridged Financial Statements |
|
Period from 10 October 2022 to 31 October 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 Moormead Farm, Nyland, Cheddar, BS27 3UD, England.
2.
Statement of compliance
These abridged 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 abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The abridged financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The accounts are prepared on the going concern basis. This basis may not be appropriate as the company has net liabilities at the balance sheet date. The company is dependent upon the support of the creditors.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost
.
4.
Employee numbers
The average number of persons employed by the company during the period amounted to
2
.