Schosween51 Limited 12039554 true 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is a non-trading company. Digita Accounts Production Advanced 6.30.9574.0 true Mr R Collinge true 12039554 2023-01-01 2023-12-31 12039554 2023-12-31 12039554 core:ShareCapital 2023-12-31 12039554 core:CurrentFinancialInstruments 2023-12-31 12039554 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 12039554 bus:FRS102 2023-01-01 2023-12-31 12039554 bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12039554 bus:FullAccounts 2023-01-01 2023-12-31 12039554 bus:RegisteredOffice 2023-01-01 2023-12-31 12039554 bus:Director1 2023-01-01 2023-12-31 12039554 bus:EntityHasNeverTraded 2023-01-01 2023-12-31 12039554 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12039554 countries:EnglandWales 2023-01-01 2023-12-31 12039554 2022-01-01 2022-12-31 12039554 2022-12-31 12039554 core:ShareCapital 2022-12-31 12039554 core:CurrentFinancialInstruments 2022-12-31 12039554 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 12039554

Schosween51 Limited

Unaudited Financial Statements

for the Year Ended 31 December 2023

 

Schosween51 Limited

Contents

Statement of Financial Position

1

Notes to the Unaudited Financial Statements

2 to 3

 

Schosween51 Limited

(Registration number: 12039554)
Statement of Financial Position as at 31 December 2023

Note

2023
£

2022
£

Current assets

 

Debtors

4

336

336

Capital and reserves

 

Called up share capital

336

336

Shareholders' funds

 

336

336

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 10 July 2024
 

.........................................
Mr R Collinge
Director

   
     
 

Schosween51 Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
One Express
1 George Leigh Street
Manchester
M4 5DL

These financial statements were authorised for issue by the director on 10 July 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Income Statement
The company is dormant as defined by section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current year or prior period and therefore no income statement is presented within these financial statements. There have been no movements in shareholders funds during the current year or prior period.

Going concern

The financial statements have been prepared on a going concern basis.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Schosween51 Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

Financial instruments

Recognition and measurement
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 constitues 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.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairement at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

 

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

4

Debtors

Current

2023
£

2022
£

Other debtors

336

336

 

336

336