for the Period Ended 31 March 2024
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 March 2024
Principal activities of the company
Additional information
Business progress During this financial year, we undertook a strategic realignment to position the business for sustainable growth. This initiative concentrated on enhancing our core competencies, improving operational efficiency, and implementing a clearly defined growth strategy. As part of this transformation, we completed a comprehensive restructuring process by the end of the financial year, redirecting investment towards diversifying our client base and driving accelerated growth. The substantial benefits arising from these changes are expected to become evident in future accounting periods. Prior year The prior year balance sheet has been adjusted to improve clarity and ensure compliance with accounting standards. Specifically: 1. Accruals and Deferred Income have been separately disclosed, with Deferred Income being reclassified to its correct position. 2. Accrued Income has been reclassified to its correct position. These changes are presentational only and do not affect the previously reported financial position or performance. Directors' interest The company is limited by shares. Directors' responsibilities Company Law requires the Directors to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing those financial statements, the Directors are required to: 1. Select suitable accounting policies and then apply them consistently. 2. Make judgements and estimates that are reasonable and prudent. 3. Prepare the financial statements on the going concern basis unless it is appropriate to presume that the company will continue in business. The Directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with Companies Act 1985. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Statement of disclosure to the Accountant 1. So far as the Directors are aware, there is no relevant information of which the company's accountant are unaware, and 2. They have taken all steps that they ought to have taken as Directors in order to make themselves aware of any relevant information and to establish that the company's accountant is aware of that information.
Directors
The directors shown below have held office during the period of
5 September 2023
to
31 March 2024
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2024 | 2023 | |
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£ |
£ |
Turnover: |
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Cost of sales: |
(
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(
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Gross profit(or loss): |
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Administrative expenses: |
(
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(
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Operating profit(or loss): |
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( |
Profit(or loss) before tax: |
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( |
Tax: |
(
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Profit(or loss) for the financial year: |
( |
( |
As at
Notes | 2024 | 2023 | |
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£ |
£ |
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Current assets | |||
Debtors: | 3 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 4 |
(
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(
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Total net assets (liabilities): |
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Capital and reserves | |||
Called up share capital: |
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Profit and loss account: |
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Total Shareholders' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 March 2024
Basis of measurement and preparation
Turnover policy
Other accounting policies
for the Period Ended 31 March 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 31 March 2024
2024 | 2023 | |
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£ | £ | |
Trade debtors |
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Prepayments and accrued income |
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Total |
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for the Period Ended 31 March 2024
2024 | 2023 | |
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£ | £ | |
Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Total |
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