Anderton Circlips Limited 00348001 true 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is Other manufacturing not elsewhere classified Digita Accounts Production Advanced 6.30.9574.0 true P Watkins-Burke 00348001 2024-01-01 2024-12-31 00348001 2024-12-31 00348001 core:RetainedEarningsAccumulatedLosses 2024-12-31 00348001 core:ShareCapital 2024-12-31 00348001 bus:FRS102 2024-01-01 2024-12-31 00348001 bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 00348001 bus:FullAccounts 2024-01-01 2024-12-31 00348001 bus:RegisteredOffice 2024-01-01 2024-12-31 00348001 bus:Director1 2024-01-01 2024-12-31 00348001 bus:EntityNoLongerTradingButTradedInPast 2024-01-01 2024-12-31 00348001 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 00348001 countries:EnglandWales 2024-01-01 2024-12-31 00348001 2023-12-31 00348001 core:RetainedEarningsAccumulatedLosses 2023-12-31 00348001 core:ShareCapital 2023-12-31 iso4217:GBP

Registration number: 00348001

Anderton Circlips Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2024

 

Anderton Circlips Limited

(Registration number: 00348001)
Balance Sheet as at 31 December 2024

Note

2024
£

2023
£

Capital and reserves

 

Called up share capital

1,200,000

1,200,000

Retained earnings

(1,200,000)

(1,200,000)

Shareholders' funds/(deficit)

 

-

-

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 6 January 2025
 

.........................................
P Watkins-Burke
Director

 

Anderton Circlips Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Hayfield
Colne Road
Glusburn
Keighley
West Yorkshire
BD20 8QP

These financial statements were authorised for issue by the director on 6 January 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The company's functional and presentation currency is pound sterling.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Anderton Circlips Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Financial instruments

Classification
Financial assets

Basic financial assets, including trade and other receivables, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest for a similar asset. Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss and any subsequent reversal is recognised in profit or loss.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities

Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.