Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
31 August 2024
Director |
Registered Address | |
Place of Business | Star of the Sea Building |
Elm Road | |
Seaforth | |
Merseyside | |
L21 3TG |
Registered Number |
Notes | 2024 | 2023 | ||||||
|---|---|---|---|---|---|---|---|---|
£ | £ | £ | £ | |||||
| Fixed assets | ||||||||
| Tangible assets | 4 | |||||||
| Current assets | ||||||||
| Debtors | 5 | |||||||
| Cash at bank and on hand | ||||||||
| Creditors amounts falling due within one year | 6 | ( | ( | |||||
| Net current assets (liabilities) | ( | ( | ||||||
| Total assets less current liabilities | ||||||||
| Creditors amounts falling due after one year | 7 | ( | ( | |||||
| Net assets | ||||||||
| Capital and reserves | ||||||||
| Profit and loss account | ||||||||
| Shareholders' funds | ||||||||
| The financial statements were approved and authorised for issue by the Director on 12 May 2025, and are signed on its behalf by: |
Director Registered Company No. 07552260 |
| 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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| 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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| Trade and other debtors | |
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| Trade and other creditors | |
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| Financial instruments | |
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| Related parties | |
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| Government grants or assistance | |
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| 2. | Average number of employees |
|---|---|
| 2024 | 2023 | |||
|---|---|---|---|---|
| Average number of employees during the year |
| 3. | Deferred tax |
|---|---|
| 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. | Tangible fixed assets |
|---|---|
Total | ||
|---|---|---|
| £ | ||
| Cost or valuation | ||
| At 01 September 23 | ||
| Additions | ||
| At 31 August 24 | ||
| Depreciation and impairment | ||
| At 01 September 23 | ||
| Charge for year | ||
| At 31 August 24 | ||
| Net book value | ||
| At 31 August 24 | ||
| At 31 August 23 |
| 5. | Debtors: amounts due within one year |
|---|---|
2024 | 2023 | |||
|---|---|---|---|---|
| £ | £ | |||
| Trade debtors / trade receivables | ||||
| Amounts owed by associates and joint ventures / participating interests | ||||
| Other debtors | ||||
| Prepayments and accrued income | ||||
| Total |
| 6. | Creditors: amounts due within one year |
|---|---|
2024 | 2023 | |||
|---|---|---|---|---|
| £ | £ | |||
| Trade creditors / trade payables | ||||
| Bank borrowings and overdrafts | ||||
| Amounts owed to related parties | ||||
| Taxation and social security | ||||
| Other creditors | ||||
| Accrued liabilities and deferred income | ||||
| Total |
| 7. | Creditors: amounts due after one year |
|---|---|
2024 | 2023 | |||
|---|---|---|---|---|
| £ | £ | |||
| Bank borrowings and overdrafts | ||||
| Total |
| 8. | Secured creditors |
|---|---|
| Of the creditors falling due within and after more than one year the following amounts are secured. A mortgage with Atom Bank PLC is secured by a fixed charge over the business premises Our Lady Star of the Sea, Seaforth. Bank Loans and overdrafts: 2024 £190,766 2023 £193,701 |
| 9. | Directors advances, credits and guarantees |
|---|---|
Brought forward | Amount advanced | Amount repaid | Carried forward | |||||
|---|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | |||||
| 10. | Share capital |
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| 11. | Related party transactions |
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