COMPANY REGISTRATION NUMBER:
15058221
FILLETED UNAUDITED FINANCIAL STATEMENTS |
|
STATEMENT OF FINANCIAL POSITION |
|
31 August 2024
Current assets
Debtors |
5 |
14,952 |
Cash at bank and in hand |
40,180 |
|
-------- |
|
55,132 |
|
|
|
Creditors: amounts falling due within one year |
6 |
75,049 |
|
-------- |
Net current liabilities |
19,917 |
|
-------- |
Total assets less current liabilities |
(
19,917) |
|
-------- |
Net liabilities |
(
19,917) |
|
-------- |
|
|
|
Capital and reserves
Called up share capital |
7 |
2 |
Profit and loss account |
(
19,919) |
|
-------- |
Shareholders deficit |
(
19,917) |
|
-------- |
|
|
|
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
25 April 2025
, and are signed on behalf of the board by:
Mr S R White |
Mr J M Fleckney |
Director |
Director |
|
|
Company registration number:
15058221
NOTES TO THE FINANCIAL STATEMENTS |
|
PERIOD FROM 8 AUGUST 2023 TO 31 AUGUST 2024
1.
General information
The company is a private company limited by shares, registered in England. The address of the registered office is 27 Cleeve Way, Wellingborough, NN8 2RT, England.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The company meets its day to day working capital requirements through funding provided by its directors. The directors expect a profitable position in the coming years. Based on this and the continuing support provided by the directors for at least 12 months from the signing of the accounts, the directors consider it appropriate to prepare financial statements on the going concern basis. The financial statements do not include any adjustments that would result from the withdrawal of the facilities available to the company.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for services rendered, net of discounts. Turnover is adjusted accordingly for expeditions that take place after the year end.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4.
Employee numbers
The average number of persons employed by the company during the period amounted to
2
.
5.
Debtors
|
31 Aug 24 |
|
£ |
Trade debtors |
2,446 |
Other debtors |
12,506 |
|
-------- |
|
14,952 |
|
-------- |
|
|
6.
Creditors:
amounts falling due within one year
|
31 Aug 24 |
|
£ |
Trade creditors |
734 |
Other creditors |
74,315 |
|
-------- |
|
75,049 |
|
-------- |
|
|
7.
Called up share capital
Issued, called up and fully paid
|
31 Aug 24 |
|
No. |
£ |
Ordinary shares of £ 1 each |
2 |
2 |
|
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---- |
|
|
|