for the Period Ended 31 December 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 December 2024
Principal activities of the company
Political and charitable donations
Additional information
The Company has continued to demonstrate steady growth in its core operations, focusing on expanding its online fundraising platform and increasing contributions to charitable causes. As of the end of the financial year, the Company’s financial position remains stable, with expenses.
Directors
The director shown below has held office during the period of
29 December 2023
to
29 December 2024
The director shown below has held office during the period of
30 December 2024
to
31 December 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 | ||
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Turnover: |
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Cost of sales: |
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Gross profit(or loss): |
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Distribution costs: |
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Administrative expenses: |
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Other operating income: |
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Operating profit(or loss): |
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Interest receivable and similar income: |
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Interest payable and similar charges: |
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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: |
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As at
Notes | 2024 | ||
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Called up share capital not paid: |
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Fixed assets | |||
Intangible assets: |
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Tangible assets: |
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Investments: | 3 |
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Total fixed assets: |
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Current assets | |||
Stocks: |
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Debtors: |
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Cash at bank and in hand: |
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Investments: | 4 |
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Total current assets: |
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Prepayments and accrued income: |
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Creditors: amounts falling due within one year: |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: |
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Provision for liabilities: |
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Accruals and deferred income: |
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Total net assets (liabilities): |
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Capital and reserves | |||
Called up share capital: |
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Share premium account: |
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Other reserves: |
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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 December 2024
Basis of measurement and preparation
for the Period Ended 31 December 2024
2024 | ||
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Average number of employees during the period |
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for the Period Ended 31 December 2024
Note: Fixed Assets - Investments 1. Investments in Subsidiaries and Associates The company holds investments in subsidiaries, associates, and other long-term financial assets. These investments are initially recorded at cost and are subject to annual impairment testing to ensure that the carrying value does not exceed the recoverable amount. 2. Investments in Equity Instruments The company has made equity investments in external entities with the intention of holding these investments for the long term. These investments are measured at cost less any provision for impairment. Dividends received from such investments are recognized in the profit and loss account when the right to receive payment is established. 3. Investment Properties Investment properties are properties held to earn rentals or for capital appreciation. These are measured at cost less any accumulated depreciation and impairment losses. 4. Changes in the Value of Investments The company reviews its investments periodically. If there is evidence that the fair value of an investment has significantly declined, the company will adjust the value of the investment to reflect the lower fair value and recognize an impairment loss in the income statement. 5. Summary of Fixed Asset Investments As of 2024, the company’s fixed asset investments include the following: Total Investments: £2000 (Fixed Assets) Current Investments: £2000 (Current Assets) The company does not hold any investments in subsidiaries, associates, or joint ventures for the period ended.
for the Period Ended 31 December 2024
Note: Current Assets - Investments 1. Classification of Investments Investments classified under current assets are those that the company intends to sell or convert into cash within the normal operating cycle or within 12 months of the balance sheet date. These investments primarily consist of short-term financial instruments such as marketable securities, bonds, and shares, which are held for trading purposes. 2. Measurement and Valuation Investments classified as current assets are initially recognized at cost and are subsequently measured at fair value. The fair value is determined using the market price or other reliable valuation techniques. Any unrealized gains or losses resulting from changes in fair value are recognized in the profit and loss account. 3. Impairment of Investments The company periodically reviews its current asset investments to assess whether any impairment has occurred. If the fair value of an investment has fallen below its cost and the decline is considered permanent, an impairment loss is recognized in the profit and loss account. 4. Summary of Current Asset Investments As of 2024, the company’s current asset investments include the following: Total Investments: £2000 (Investments held under current assets) Nature of Investments: These investments primarily consist of short-term securities, bonds, and shares. The company does not hold any investments classified as long-term for the period ended.