Balance sheet continued

As at 30 June 2025

For the year ending 30 June 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 30 June 2025

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  a. Turnover
  i. Turnover is measured at the fair value of the consideration received or receivable net of discounts and value added taxes.
  Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimatedcustomer returns, rebates and other similar allowances.
  
  b. Sale of goods
  i. Turnover from sale of goods is recognised when the significant risks and rewards of ownership of goods has transferred to thebuyer. This is usually at the point that the customer has signed for delivery of goods.
  
  c. Rendering services
  i. Turnover from rendering of services is recognised by reference to the stage of completion of the contract is measured by comparingthe costs incurred for work performed to date to the total estimated.

  Tangible fixed assets depreciation policy

  d. Tangible Fixed Assets and Depreciation
  i. Tangible fixes assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of thefixedassets, lesstheir estimated residual value, over their expected useful lives on the following bases:
  1. Fixtures and Fittings 20% on WDV