Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
31 January 2024
Director |
Registered Address | |
Registered Number |
Notes | 2024 | 2023 | ||||||
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£ | £ | £ | £ | |||||
Fixed assets | ||||||||
Intangible assets | 4 | |||||||
Tangible assets | 5 | |||||||
Current assets | ||||||||
Stocks | 6 | |||||||
Debtors | ||||||||
Cash at bank and on hand | ||||||||
Creditors amounts falling due within one year | 7 | ( | ( | |||||
Net current assets (liabilities) | ( | ( | ||||||
Total assets less current liabilities | ( | |||||||
Provisions for liabilities | 9 | ( | ( | |||||
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 31 January 2025, and are signed on its behalf by: |
Director Registered Company No. 13108305 |
1. | Accounting policies |
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Statutory information | |
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Statement of compliance | |
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Basis of preparation | |
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Functional and presentation currency | |
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Turnover policy | |
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Revenue from sale of goods | |
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Employee benefits | |
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Foreign currency translation | |
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Current taxation | |
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Deferred tax | |
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Intangible assets | |
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Amortisation | |
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Tangible fixed assets and depreciation | |
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Reducing balance (%) | ||
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Plant and machinery | ||
Fixtures and fittings | ||
Vehicles | ||
Office Equipment |
Finance leases and hire purchase contracts | |
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Stocks and work in progress | |
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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. | Deferred tax |
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Increases in the UK Corporation tax rate from 19% to 25% (19% effective from 1 April 2017, and 25% effective from 1 April 2023) have been substantively enacted. This will impact the company's future tax charge accordingly. The value of the deferred tax assets at the balance sheet date has been calculated using the applicable rate when the asset is expected to be realised. |
4. | Intangible assets |
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Other | Total | |||
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£ | £ | |||
Cost or valuation | ||||
Additions | ||||
At 31 January 24 | ||||
Amortisation and impairment | ||||
Charge for year | ||||
At 31 January 24 | ||||
Net book value | ||||
At 31 January 24 | ||||
At 31 January 23 |
5. | Tangible fixed assets |
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Plant & machinery | Fixtures & fittings | Office Equipment | Total | |||||
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£ | £ | £ | £ | |||||
Cost or valuation | ||||||||
At 01 February 23 | ||||||||
Additions | ||||||||
At 31 January 24 | ||||||||
Depreciation and impairment | ||||||||
At 01 February 23 | ||||||||
Charge for year | ||||||||
At 31 January 24 | ||||||||
Net book value | ||||||||
At 31 January 24 | ||||||||
At 31 January 23 |
6. | Stocks |
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2024 | 2023 | |||
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£ | £ | |||
Finished goods | ||||
Total |
7. | Creditors: amounts due within one year |
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2024 | 2023 | |||
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£ | £ | |||
Trade creditors / trade payables | ||||
Bank borrowings and overdrafts | ||||
Taxation and social security | ||||
Other creditors | ||||
Accrued liabilities and deferred income | ||||
Total |
8. | Obligations under finance leases |
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A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term. |
9. | Provisions for liabilities |
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2024 | 2023 | |||
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£ | £ | |||
Net deferred tax liability (asset) | ||||
Total |