Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
31 March 2025
Directors | |
Company Secretary | HUGHES, Ashley Leon |
Registered Address | |
Registered Number |
Notes | 2025 | 2024 | ||||||
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£ | £ | £ | £ | |||||
Fixed assets | ||||||||
Tangible assets | 4 | |||||||
Current assets | ||||||||
Stocks | 5 | |||||||
Debtors | ||||||||
Cash at bank and on hand | ||||||||
Creditors amounts falling due within one year | 6 | ( | ( | |||||
Net current assets (liabilities) | ( | ( | ||||||
Total assets less current liabilities | ( | |||||||
Accruals and deferred income | ( | |||||||
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 Board of Directors on 12 April 2025, and are signed on its behalf by: |
Director Registered Company No. 11455449 |
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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Going concern | |
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Turnover policy | |
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Revenue from sale of goods | |
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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. |
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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Tangible fixed assets and depreciation | |
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Reducing balance (%) | Straight line (years) | |||
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Fixtures and fittings | ||||
Office Equipment |
Stocks and work in progress | |
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Trade and other debtors | |
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Trade and other creditors | |
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Share capital | |
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Related parties | |
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2. | Average number of employees |
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2025 | 2024 | |||
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Average number of employees during the year |
3. | Prior period adjustment |
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During the year, the company reversed a prior-year upward inventory adjustment related to bullion held for resale. The adjustment was originally made to reflect market value increases but has since been corrected to reflect the requirement under FRS 102 1A to carry inventory at the lower of cost and net realisable value. This correction resulted in a charge to cost of sales of £4,211.40, which is reflected in the profit and loss account for the year. |
4. | Tangible fixed assets |
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Total | ||
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£ | ||
Cost or valuation | ||
At 01 April 24 | ||
At 31 March 25 | ||
Depreciation and impairment | ||
At 01 April 24 | ||
Charge for year | ||
At 31 March 25 | ||
Net book value | ||
At 31 March 25 | ||
At 31 March 24 |
5. | Stocks |
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2025 | 2024 | |||
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£ | £ | |||
Other stocks | ||||
Total |
6. | Creditors: amounts due within one year |
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2025 | 2024 | |||
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£ | £ | |||
Trade creditors / trade payables | ||||
Taxation and social security | ||||
Other creditors | ||||
Total |
7. | Share capital |
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8. | Related party transactions |
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