COMPANY REGISTRATION NUMBER:
15072384
|
Filleted Unaudited Financial Statements |
|
Period from 15 August 2023 to 31 December 2024
|
Statement of financial position |
1 |
|
|
|
Notes to the financial statements |
3 |
|
|
|
Statement of Financial Position |
|
31 December 2024
Fixed assets
Current assets
|
Debtors |
6 |
5,022 |
|
Cash at bank and in hand |
522 |
|
------- |
|
5,544 |
|
|
|
|
Creditors: amounts falling due within one year |
7 |
10,462 |
|
-------- |
|
Net current liabilities |
4,918 |
|
------- |
|
Total assets less current liabilities |
(
2,596) |
|
------- |
|
Net liabilities |
(
2,596) |
|
------- |
|
|
|
Capital and reserves
|
Called up share capital |
100 |
|
Profit and loss account |
(
2,696) |
|
------- |
|
Shareholders deficit |
(
2,596) |
|
------- |
|
|
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 comprehensive income has not been delivered.
For the period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' 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 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) |
|
31 December 2024
These financial statements were approved by the
board of directors
and authorised for issue on
23 September 2025
, and are signed on behalf of the board by:
Company registration number:
15072384
|
Notes to the Financial Statements |
|
Period from 15 August 2023 to 31 December 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 Camburgh House, 27 New Dover Road, Canterbury, Kent, CT1 3DN, 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 directors will continue to support the company and believe that the company will generate a profit in future periods therefore the accounts have been prepared on a going concern basis.
Consolidation
The entity has taken advantage of the option not to prepare consolidated financial statements contained in Section 399 of the Companies Act 2006 on the basis that the entity and its subsidiary undertakings comprise a small group.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
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
3
.
5.
Investments
|
Shares in group undertakings |
|
£ |
|
Cost |
|
|
At 15 August 2023 |
– |
|
Additions |
2,322 |
|
------- |
|
At 31 December 2024 |
2,322 |
|
------- |
|
Impairment |
|
|
At 15 August 2023 and 31 December 2024 |
– |
|
------- |
|
|
|
Carrying amount |
|
|
At 31 December 2024 |
2,322 |
|
------- |
|
|
At the balance sheet date, the company's investments consisted of the ownership of 100% of the ordinary share capital of Pradori of London Ltd, Yantr Ltd and Pradori Steel Ltd.
6.
Debtors
|
31 Dec 24 |
|
£ |
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
5,022 |
|
------- |
|
|
7.
Creditors:
amounts falling due within one year
|
31 Dec 24 |
|
£ |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
2,966 |
|
Other creditors |
7,496 |
|
-------- |
|
10,462 |
|
-------- |
|
|
8.
Related party transactions
At the period end the company was owed £5,022 by its subsidiary companies. At the period end the company owed £2,966 to a subsidiary company.
At the period end the company owed a £6,596 to a director.