0
false
false
false
false
false
false
false
false
false
false
true
false
false
false
false
false
false
No description of principal activity
2024-05-01
Sage Accounts Production Advanced 2024 - FRS102_2024
8,294
5,870
1,287
7,157
1,137
2,424
xbrli:pure
xbrli:shares
iso4217:GBP
02552195
2024-05-01
2025-04-30
02552195
2025-04-30
02552195
2024-04-30
02552195
2023-05-01
2024-04-30
02552195
2024-04-30
02552195
2023-04-30
02552195
bus:Director1
2024-05-01
2025-04-30
02552195
bus:Director2
2024-05-01
2025-04-30
02552195
core:WithinOneYear
2025-04-30
02552195
core:WithinOneYear
2024-04-30
02552195
core:ShareCapital
2025-04-30
02552195
core:ShareCapital
2024-04-30
02552195
core:RetainedEarningsAccumulatedLosses
2025-04-30
02552195
core:RetainedEarningsAccumulatedLosses
2024-04-30
02552195
bus:SmallEntities
2024-05-01
2025-04-30
02552195
bus:AuditExemptWithAccountantsReport
2024-05-01
2025-04-30
02552195
bus:SmallCompaniesRegimeForAccounts
2024-05-01
2025-04-30
02552195
bus:PrivateLimitedCompanyLtd
2024-05-01
2025-04-30
02552195
bus:FullAccounts
2024-05-01
2025-04-30
02552195
core:OfficeEquipment
2024-05-01
2025-04-30
02552195
core:OfficeEquipment
2025-04-30
02552195
core:OfficeEquipment
2024-04-30
02552195
core:AllAssociates
2024-05-01
2025-04-30
COMPANY REGISTRATION NUMBER:
02552195
|
Filleted Unaudited Financial Statements |
|
Year ended 30 April 2025
|
Statement of financial position |
1 |
|
|
|
Notes to the financial statements |
3 |
|
|
|
Statement of Financial Position |
|
30 April 2025
Fixed assets
|
Tangible assets |
5 |
|
1,137 |
2,424 |
|
|
|
|
|
Current assets
|
Stocks |
270,420 |
|
307,192 |
|
Debtors |
6 |
104,803 |
|
100,883 |
|
Cash at bank and in hand |
167,933 |
|
137,690 |
|
--------- |
|
--------- |
|
543,156 |
|
545,765 |
|
|
|
|
|
|
Creditors: amounts falling due within one year |
7 |
14,877 |
|
17,144 |
|
--------- |
|
--------- |
|
Net current assets |
|
528,279 |
528,621 |
|
|
--------- |
--------- |
|
Total assets less current liabilities |
|
529,416 |
531,045 |
|
|
--------- |
--------- |
|
Net assets |
|
529,416 |
531,045 |
|
|
--------- |
--------- |
|
|
|
|
|
Capital and reserves
|
Called up share capital |
|
240,100 |
240,100 |
|
Profit and loss account |
|
289,316 |
290,945 |
|
|
--------- |
--------- |
|
Shareholder funds |
|
529,416 |
531,045 |
|
|
--------- |
--------- |
|
|
|
|
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 year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
|
Statement of Financial Position (continued) |
|
30 April 2025
These financial statements were approved by the
board of directors
and authorised for issue on
18 August 2025
, and are signed on behalf of the board by:
|
Mr B G Sturgeon |
Mr M D Gibbons |
|
Director |
Director |
|
|
Company registration number:
02552195
|
Notes to the Financial Statements |
|
Year ended 30 April 2025
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 27 New Dover Road, Canterbury, Kent, CT1 3DN.
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.
Judgements and key sources of estimation uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition Rental income is recognised on a time apportioned basis over the period of occupation. Property sales are recognised on the date of unconditional transfer of legal title.
Income tax The taxation expense represents the aggregate amount of current tax recognised in the reporting period. Tax is recognised in profit or loss.
Tangible assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and 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 |
- |
25% 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.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
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 excluding directors amounted to nil (2024: nil).
5.
Tangible assets
|
Equipment |
|
£ |
|
Cost |
|
|
At 1 May 2024 and 30 April 2025 |
8,294 |
|
------- |
|
Depreciation |
|
|
At 1 May 2024 |
5,870 |
|
Charge for the year |
1,287 |
|
------- |
|
At 30 April 2025 |
7,157 |
|
------- |
|
Carrying amount |
|
|
At 30 April 2025 |
1,137 |
|
------- |
|
At 30 April 2024 |
2,424 |
|
------- |
|
|
6.
Debtors
|
2025 |
2024 |
|
£ |
£ |
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
104,803 |
100,883 |
|
--------- |
--------- |
|
|
|
7.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
|
Corporation tax |
– |
4,737 |
|
Social security and other taxes |
6,503 |
4,927 |
|
Other creditors |
8,374 |
7,480 |
|
-------- |
-------- |
|
14,877 |
17,144 |
|
-------- |
-------- |
|
|
|
The assets in the company have a charge over them as a result of secured loans in group companies.
8.
Related party transactions
At the balance sheet date, the company was owed £104,803 (2024: £100,883) by a group company.
9.
Controlling party
Templars Limited
is a wholly owned subsidiary of Templars Estates Limited, a company incorporated in England & Wales. The registered office of the Holding company is 27 New Dover Road, Canterbury, Kent, CT1 3DN
.