COMPANY REGISTRATION NUMBER:
15153397
|
Filleted Unaudited Financial Statements |
|
|
Statement of Financial Position |
|
30 September 2024
Fixed assets
Current assets
|
Debtors |
6 |
3,279 |
|
Cash at bank and in hand |
8,619 |
|
-------- |
|
11,898 |
|
|
|
|
Creditors: amounts falling due within one year |
7 |
23,092 |
|
-------- |
|
Net current liabilities |
11,194 |
|
-------- |
|
Total assets less current liabilities |
(
8,394) |
|
------- |
|
|
|
Capital and reserves
|
Called up share capital |
100 |
|
Profit and loss account |
(
8,494) |
|
------- |
|
Shareholders deficit |
(
8,394) |
|
------- |
|
|
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 September 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
13 June 2025
, and are signed on behalf of the board by:
Company registration number:
15153397
|
Notes to the Financial Statements |
|
Period from 21 September 2023 to 30 September 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 C/O Kkvms Llp, Capital Tower, 91 Waterloo Road, London, SE1 8RT, United Kingdom.
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.
Going concern
The financial statements have been prepared on a going concern basis, relying upon the continued financial support of the director.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
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:
|
Equipment |
- |
20% straight line |
|
|
|
|
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. 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 in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.
4.
Employee numbers
The average number of persons employed by the company during the period amounted to
1
.
The only employee of the company is the director.
5.
Tangible assets
|
Equipment |
|
£ |
|
Cost |
|
|
At 21 September 2023 |
– |
|
Additions |
3,500 |
|
------- |
|
At 30 September 2024 |
3,500 |
|
------- |
|
Depreciation |
|
|
At 21 September 2023 |
– |
|
Charge for the period |
700 |
|
------- |
|
At 30 September 2024 |
700 |
|
------- |
|
Carrying amount |
|
|
At 30 September 2024 |
2,800 |
|
------- |
|
|
6.
Debtors
|
30 Sep 24 |
|
£ |
|
Other debtors |
3,279 |
|
------- |
|
|
7.
Creditors:
amounts falling due within one year
|
30 Sep 24 |
|
£ |
|
Bank loans and overdrafts |
1,884 |
|
Trade creditors |
758 |
|
Other creditors |
20,450 |
|
-------- |
|
23,092 |
|
-------- |
|
|
8.
Related party transactions
At the year end, the company owed the director £20,450.