Additional Disclosures
1 Accounting policies
Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in
accordance with the accounting policies set out below and with section 1A of FRS 102,
the Financial Reporting Standard applicable in the UK and Republic of Ireland , and the
Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses.
Depreciation is provided , after taking account of any grants receivable, at rates calculated to
write off the cost of fixed assets , less the estimated residual value , over their estimated useful
lives.
Vehicles 20% Reducing Balance
Plant & Machinery 20% Reducing Balance
2 Profit and Loss
Profit before tax is stated after charging the following: 2024
£
Directors' remuneration 6,300
3 Tangible fixed assets
Cost or valuation Vehicles Plant & Machinery Total
At 1 July 2023 0 0 0
Additions 7,800 5,170 12,970
At 30 June 2024 7,800 5,170 12,970
Depreciation
At 1 July 2023 0 0 0
Additions 1,560 1,034 2,594
At 30 June 2024 1,560 1,034 2,594
Net book value
At 1 July 2023 0 0 0
Additions 4,136 6,240 10,376
At 30 June 2024 4,136 6,240 10,376
4 Creditors: amount falling due within one year
2024
£
Other creditors 0
5 Dividends 2024
£
Total dividend payment 1,786.99