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Company Registration Number:
07519163 (England and Wales)

Unaudited statutory accounts for the year ended 27 February 2024

(Dormant)

Period of accounts

Start date: 28 February 2023

End date: 27 February 2024

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Contents of the Financial Statements

for the Period Ended 27 February 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

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Company Information

for the Period Ended 27 February 2024




Director: Barry Morgan
Carol Howard
Registered office: Ridshaw Farm
Buckhurst Road
Bury
England
BL9 6TA
Company Registration Number: 07519163 (England and Wales)

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Directors' Report Period Ended 27 February 2024

The directors present their report with the financial statements of the company for the period ended 27 February 2024

Directors

The directors shown below have held office during the whole of the period from 28 February 2023 to 27 February 2024
Barry Morgan
Carol Howard

The company was dormant and did not trade in the period.

This report was approved by the board of directors on 2 November 2024
And Signed On Behalf Of The Board By:

Name: Barry Morgan
Status: Director

Name: Carol Howard
Status: Director

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Profit and Loss Account

for the Period Ended 27 February 2024

The company was dormant and did not trade in the period. The company received no income and incurred no expenditure in the period and therefore did not make either a profit or loss.

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Balance sheet

As at 27 February 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 5 4,022 6,022
Total fixed assets: 4,022 6,022
Current assets
Cash at bank and in hand: 37,703 40,703
Total current assets: 37,703 40,703
Net current assets (liabilities): 37,703 40,703
Total assets less current liabilities: 41,725 46,725
Total net assets (liabilities): 41,725 46,725

The notes form part of these financial statements

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Balance sheet continued

As at 27 February 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 41,723 46,723
Shareholders funds: 41,725 46,725

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the year ending 27 February 2024 the company was entitled to exemption under section 480 of the Companies Act 2006 relating to dormant companies.

This report was approved by the board of directors on 2 November 2024
And Signed On Behalf Of The Board By:

Name: Barry Morgan
Status: Director

Name: Carol Howard
Status: Director

The notes form part of these financial statements

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Notes to the Financial Statements

for the Period Ended 27 February 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover in the profit and loss represents revenue recognized by the company in respect of goods and services supplied during this period.

    Tangible fixed assets depreciation policy

    Depreciation is provided, after taking account of any grants available, at the following annual rates in order to write off each asset over it's estimated useful life. Freehold buildings -2% on cost or revalued amounts. Plant and machinery -15% on cost. Fixtures and fittings -10% on cost, motor vehicles -25% on cost.

    Intangible fixed assets amortisation policy

    Intangible fixed assets (including purchased goodwill and patents) are amortized at rates calculated to write off assets on a straight basis over their estimated useful economic lives, not exceeding 20 years. Impairment of intangible assets is only reviewed where circumstances indicated that the carrying value of the asset may not be fully recoverable.

    Valuation information and policy

    Stock and work in progress are valued at the lower of the net realizable value, after making allowance for obsolete and slow moving items. Costs include all direct expenditure and an appropriate proportion of fixed and variable overheads.

    Other accounting policies

    Assets obtained under hire purchase contracts or finance leases are capitalized in the balance sheet. Those held under hire purchase contracts are depreciated over the estimated useful lives. These held under finance leases are depreciated over the estimated useful lives or the lease term, which ever is shorter. The capital element of the future payments is treated as a liability. Rentals paid under leases are charged to the profit and loss account on a straight line basis over the period of the lease. Research and development expenditure is written off in the year which is occurred. Deferred taxation is provided in full respect of taxation deferred by timing differences between treatment of certain items of taxation and accounting purposes. Deferred taxation is calculated at the rates of tax that are expected to apply in the periods when timing differences will reverse and has not been discounted.

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Notes to the Financial Statements

for the Period Ended 27 February 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

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Notes to the Financial Statements

for the Period Ended 27 February 2024

  • 3. Off balance sheet disclosure

    No

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Notes to the Financial Statements

for the Period Ended 27 February 2024

4. Dividends


2024
£

2023
£
Dividends paid 3,000 3,000

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Notes to the Financial Statements

for the Period Ended 27 February 2024

5. Tangible assets

Office equipment Total
Cost £ £
At 28 February 2023 6,022 6,022
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 27 February 2024 6,022 6,022
Depreciation
At 28 February 2023 0 0
Charge for year 2,000 2,000
On disposals - -
Other adjustments 0 0
At 27 February 2024 2,000 2,000
Net book value
At 27 February 2024 4,022 4,022
At 27 February 2023 6,022 6,022