COMPANY REGISTRATION NUMBER:
12627118
Filleted Unaudited Financial Statements |
|
Statement of Financial Position |
|
31 December 2023
|
2023 |
2022 |
Note |
£ |
£ |
Creditors: amounts falling due within one year |
4 |
14,139 |
14,139 |
|
-------- |
-------- |
Net current liabilities |
14,139 |
14,139 |
|
-------- |
-------- |
Total assets less current liabilities |
(
14,139) |
(
14,139) |
|
-------- |
-------- |
Net liabilities |
(
14,139) |
(
14,139) |
|
-------- |
-------- |
|
|
|
|
Capital and reserves
Called up share capital |
1 |
1 |
Profit and loss account |
(
14,140) |
(
14,140) |
|
-------- |
-------- |
Shareholder deficit |
(
14,139) |
(
14,139) |
|
-------- |
-------- |
|
|
|
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 company did not trade during the year and has not made either a profit or loss.
For the 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.
Directors' responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the year 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 financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
29 August 2024
, and are signed on behalf of the board by:
Company registration number:
12627118
Notes to the Financial Statements |
|
Year ended 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 1 Apsley Way, London, NW2 7HF.
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 have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
As noted in the Directors' Report, the financial statements have been prepared on a basis other than going concern. Assets and liabilities have been adjusted to their recoverable amounts.
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.
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. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4.
Creditors:
amounts falling due within one year
|
2023 |
2022 |
|
£ |
£ |
Other creditors |
14,139 |
14,139 |
|
-------- |
-------- |
|
|
|
5.
Related party transactions
The company has taken advantage of the exemption granted by paragraph 33.1(a) of FRS102, Related Party Disclosures, not to disclose transactions with group companies which are wholly owned subsidiaries of the group.
6.
Controlling party
The immediate parent undertaking is Avensys Investments Limited, a company registered in England and Wales. The smallest and largest group to consolidate these financial statements is Vitabiotics Limited, a company registered in England and Wales. Copies of the Vitabiotics Limited consolidated financial statements are publically available at Companies House. The directors consider the ultimate controlling parent undertaking to be Vitabiotics Group Holdings Limited, a company incorporated in the British Virgin Islands.