Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
31 October 2024
Directors | |
Registered Address | |
Registered Number |
Notes | 2024 | 2023 | ||||||
|---|---|---|---|---|---|---|---|---|
£ | £ | £ | £ | |||||
| Fixed assets | ||||||||
| 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 | 8 | ( | ( | |||||
| 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 7 May 2025, and are signed on its behalf by: |
Director Registered Company No. 11366406 |
| 1. | Accounting policies |
|---|
| Statutory information | |
|---|---|
| Statement of compliance | |
|---|---|
| Revenue from sale of goods | |
|---|---|
| Employee benefits | |
|---|---|
| Foreign currency translation | |
|---|---|
| Deferred tax | |
|---|---|
| Tangible fixed assets and depreciation | |
|---|---|
| Straight line (years) | ||
|---|---|---|
| Plant and machinery | ||
| Office Equipment |
| Stocks and work in progress | |
|---|---|
| 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. | Prior period adjustment |
|---|---|
| During the financial year, the company transitioned from preparing its financial statements under Financial Reporting Standard 105 (FRS 105) to Financial Reporting Standard 102 (FRS 102). As a result of this change in accounting framework, certain accounting policies have been adjusted to align with the requirements of FRS 102. The transition has resulted in a prior year adjustment to restate the comparative figures in accordance with FRS 102. The key changes arising from this transition include: Recognition of Deferred Tax: Under FRS 105, deferred tax was not recognised, whereas under FRS 102, deferred tax assets and liabilities must be recognised where applicable. |
| 5. | Tangible fixed assets |
|---|---|
Plant & machinery | Office Equipment | Total | ||||
|---|---|---|---|---|---|---|
| £ | £ | £ | ||||
| Cost or valuation | ||||||
| At 01 November 23 | ||||||
| Additions | ||||||
| Disposals | ( | ( | ||||
| Transfers | ( | |||||
| At 31 October 24 | ||||||
| Depreciation and impairment | ||||||
| At 01 November 23 | ||||||
| Charge for year | ||||||
| On disposals | ( | ( | ||||
| Other adjustments | ( | ( | ||||
| At 31 October 24 | ||||||
| Net book value | ||||||
| At 31 October 24 | ||||||
| At 31 October 23 |
| 6. | Stocks |
|---|---|
2024 | 2023 | |||
|---|---|---|---|---|
| £ | £ | |||
| Work in progress | ||||
| Total |
| 7. | Creditors: amounts due within one year |
|---|---|
2024 | 2023 | |||
|---|---|---|---|---|
| £ | £ | |||
| Trade creditors / trade payables | ||||
| Taxation and social security | ||||
| Accrued liabilities and deferred income | ||||
| Total |
| 8. | Provisions for liabilities |
|---|---|
2024 | 2023 | |||
|---|---|---|---|---|
| £ | £ | |||
| Net deferred tax liability (asset) | ||||
| Total |