Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
29 February 2024
Director |
Registered Address | |
Registered Number |
Notes | 2024 | 2023 | ||||||
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£ | £ | £ | £ | |||||
Fixed assets | ||||||||
Tangible assets | 3 | |||||||
Investment property | 4 | |||||||
Current assets | ||||||||
Debtors | 5 | |||||||
Cash at bank and on hand | ||||||||
Creditors amounts falling due within one year | 6 | ( | ( | |||||
Net current assets (liabilities) | ( | ( | ||||||
Total assets less current liabilities | ||||||||
Creditors amounts falling due after one year | 7 | ( | ( | |||||
Net assets | ( | ( | ||||||
Capital and reserves | ||||||||
Called up share capital | ||||||||
Profit and loss account | ( | ( | ||||||
Shareholders' funds | ( | ( |
The financial statements were approved and authorised for issue by the Director on 28 November 2024, and are signed on its behalf by: |
Director Registered Company No. 13910516 |
1. | Accounting policies |
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Statutory information | |
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Statement of compliance | |
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Going concern | |
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Revenue from rendering of services | |
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Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably. Revenue from the provision of property rental is recognised by reference to the period of its occupancy and where the amount of rent can be measured reliably. |
Deferred tax | |
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Tangible fixed assets and depreciation | |
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Straight line (years) | ||
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Office Equipment |
Investment property | |
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2. | Average number of employees |
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2024 | 2023 | |||
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Average number of employees during the year |
3. | Tangible fixed assets |
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Office Equipment | Total | |||
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£ | £ | |||
Cost or valuation | ||||
At 01 March 23 | ||||
Additions | ||||
At 29 February 24 | ||||
Depreciation and impairment | ||||
At 01 March 23 | ||||
Charge for year | ||||
At 29 February 24 | ||||
Net book value | ||||
At 29 February 24 | ||||
At 28 February 23 |
4. | Investment property |
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The original cost of investment property held is £196,698 (2023: £196,698). The balance shown therefore includes a revaluation gain of £13,302 (2023: £13,302). |
£ | ||
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Fair value at 01 March 23 | ||
At 29 February 24 |
5. | Debtors: amounts due within one year |
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2024 | 2023 | |||
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£ | £ | |||
Other debtors | ||||
Total |
6. | Creditors: amounts due within one year |
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2024 | 2023 | |||
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£ | £ | |||
Trade creditors / trade payables | ||||
Bank borrowings and overdrafts | ||||
Other creditors | ||||
Accrued liabilities and deferred income | ||||
Total |
7. | Creditors: amounts due after one year |
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2024 | 2023 | |||
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£ | £ | |||
Bank borrowings and overdrafts | ||||
Total |
8. | Secured creditors |
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The bank loan of £129,443 is secured over the property to which it relates. |
9. | Controlling party |
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The ultimate controlling party is Mr A C Speedie. |
10. | Further information regarding the company's financial position |
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