Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Directors

The directors shown below have held office during the whole of the period from
1 January 2024 to 31 December 2024

James Yates
Anna Linder Lycett

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
18 March 2025

And signed on behalf of the board by:
Name: James Yates
Status: Director

Profit And Loss Account

for the Period Ended 31 December 2024

	2024	2023
	£	£
Turnover:	0
Cost of sales:	0	0
Gross profit(or loss):	0	0
Distribution costs:	0	0
Administrative expenses:	( 107,206 )	( 88,031 )
Other operating income:	111,372	94,629
Operating profit(or loss):	4,166	6,598
Interest receivable and similar income:	646,555	690,170
Interest payable and similar charges:	( 569,892 )	( 589,449 )
Profit(or loss) before tax:	80,829	107,319
Tax:	( 20,207 )	( 25,242 )
Profit(or loss) for the financial year:	60,622	82,077

Balance sheet

As at 31 December 2024

	Notes	2024	2023
		£	£
Called up share capital not paid:		0	0
Fixed assets
Intangible assets:		0	0
Tangible assets:		0	0
Investments:	3	101	101
Total fixed assets:		101	101
Current assets
Debtors:	4	8,331,786	9,460,680
Cash at bank and in hand:		6,244,446	10,421,802
Investments:		0	0
Total current assets:		14,576,232	19,882,482
Prepayments and accrued income:		0	0
Creditors: amounts falling due within one year:	5	( 14,271,781 )	( 19,638,653 )
Net current assets (liabilities):		304,451	243,829
Total assets less current liabilities:		304,552	243,930
Creditors: amounts falling due after more than one year:		0	0
Provision for liabilities:		0	0
Accruals and deferred income:		0	0
Total net assets (liabilities):		304,552	243,930
Capital and reserves
Called up share capital:		100,001	100,001
Share premium account:		0	0
Other reserves:		143,929	61,852
Profit and loss account:		60,622	82,077
Total Shareholders' funds:		304,552	243,930

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 December 2024 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 31 December 2024

• 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

  Other accounting policies

  Basis of preparation, Foreign currencies, Taxation, Cashpool administrative fee, Interest, Going concern, Investments, Debtors, Creditors, Cash, Critical accounting judgements and key sources of estimation uncertainty.

Notes to the Financial Statements

for the Period Ended 31 December 2024

• 2. Employees

  	2024	2023
  Average number of employees during the period	0	0