Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
31 December 2024
Directors | |
Registered Address | |
Registered Number |
Notes | 2024 | 2023 | ||||||
|---|---|---|---|---|---|---|---|---|
£ | £ | £ | £ | |||||
| Fixed assets | ||||||||
| Intangible assets | 3 | |||||||
| 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 | ||||||||
| Called up share capital | ||||||||
| Share premium | ||||||||
| Profit and loss account | ( | ( | ||||||
| Shareholders' funds | ||||||||
| The financial statements were approved and authorised for issue by the Board of Directors on 6 May 2025, and are signed on its behalf by: |
Director Registered Company No. 08086586 |
| 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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| Judgements and key sources of estimation uncertainty | |
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| In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The critical judgements made by management that have a significant effect on the amounts recognised in the financial statements are described below. |
| 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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| Intangible assets | |
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| Research and development | |
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| Development costs | |
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| Capitalised development costs are stated at cost less accumulated amortisation and accumulated impairment losses (cost model). Amortisation is recognised using the straight-line basis and results in the carrying amount being expensed in profit or loss over the estimated useful life. |
| Tangible fixed assets and depreciation | |
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| Impairment of non-financial assets policy | |
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| Cash and cash equivalents | |
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| Financial instruments | |
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| Government grants or assistance | |
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| 2. | Average number of employees |
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| 2024 | 2023 | |||
|---|---|---|---|---|
| Average number of employees during the year |
| 3. | Intangible assets |
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Total | ||
|---|---|---|
| £ | ||
| Cost or valuation | ||
| At 01 January 24 | ||
| Additions | ||
| At 31 December 24 | ||
| Amortisation and impairment | ||
| At 01 January 24 | ||
| Charge for year | ||
| At 31 December 24 | ||
| Net book value | ||
| At 31 December 24 | ||
| At 31 December 23 |
| 4. | Tangible fixed assets |
|---|---|
Total | ||
|---|---|---|
| £ | ||
| Cost or valuation | ||
| At 01 January 24 | ||
| At 31 December 24 | ||
| Depreciation and impairment | ||
| At 01 January 24 | ||
| Charge for year | ||
| At 31 December 24 | ||
| Net book value | ||
| At 31 December 24 | ||
| At 31 December 23 |
| 5. | Debtors: amounts due within one year |
|---|---|
2024 | 2023 | |||
|---|---|---|---|---|
| £ | £ | |||
| Trade debtors / trade receivables | ||||
| Amounts owed by group undertakings | ||||
| Other debtors | ||||
| Prepayments and accrued income | ||||
| Total |
| 6. | Creditors: amounts due within one year |
|---|---|
2024 | 2023 | |||
|---|---|---|---|---|
| £ | £ | |||
| Trade creditors / trade payables | ||||
| Bank borrowings and overdrafts | ||||
| 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. | Events after reporting date |
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| 9. | Related party transactions |
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| 10. | Further information regarding the company's financial position |
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| 11. | Prior period policy changes |
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