COMPANY REGISTRATION NUMBER:
15257154
|
FILLETED UNAUDITED FINANCIAL STATEMENTS |
|
|
STATEMENT OF FINANCIAL POSITION |
|
30 November 2024
FIXED ASSETS
CURRENT ASSETS
|
Cash at bank and in hand |
140 |
|
|
|
|
|
CREDITORS: amounts falling due within one year |
5 |
(
965) |
|
|
---- |
|
|
NET CURRENT LIABILITIES |
|
(
825) |
|
|
------- |
|
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
325 |
|
|
---- |
|
NET ASSETS |
|
325 |
|
|
---- |
|
|
|
|
CAPITAL AND RESERVES
|
Called up share capital |
|
100 |
|
Profit and loss account |
|
225 |
|
|
---- |
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SHAREHOLDERS FUNDS |
|
325 |
|
|
---- |
|
|
|
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 income and retained earnings has not been delivered.
For the period ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's 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 director acknowledges his 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
23 May 2025
, and are signed on behalf of the board by:
Company registration number:
15257154
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NOTES TO THE FINANCIAL STATEMENTS |
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PERIOD FROM 2 NOVEMBER 2023 TO 30 NOVEMBER 2024
1.
GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 3 Grays Crescent, Newhaven, BN9 9FE.
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. The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax.
Income tax
Deferred Taxation is provided using the liability method on all timing differences that have originated but not reversed at the balance sheet date.
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.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently state at cost less any accumulated depreciation.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short-term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.
4.
TANGIBLE ASSETS
|
Equipment |
|
£ |
|
Cost |
|
|
At 2 November 2023 |
– |
|
Additions |
1,438 |
|
------- |
|
At 30 November 2024 |
1,438 |
|
------- |
|
Depreciation |
|
|
At 2 November 2023 |
– |
|
Charge for the period |
288 |
|
------- |
|
At 30 November 2024 |
288 |
|
------- |
|
Carrying amount |
|
|
At 30 November 2024 |
1,150 |
|
------- |
|
|
5.
CREDITORS:
amounts falling due within one year
|
30 Nov 24 |
|
£ |
|
Other creditors |
965 |
|
---- |
|
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