COMPANY REGISTRATION NUMBER:
15402491
|
Filleted Unaudited Financial Statements |
|
|
Statement of Financial Position |
|
31 January 2025
Fixed assets
Current assets
|
Debtors |
6 |
9,462 |
|
Cash at bank and in hand |
4,463 |
|
-------- |
|
13,925 |
|
|
|
|
Creditors: amounts falling due within one year |
7 |
18,753 |
|
-------- |
|
Net current liabilities |
4,828 |
|
-------- |
|
Total assets less current liabilities |
17,990 |
|
|
|
|
Creditors: amounts falling due after more than one year |
8 |
16,700 |
|
|
|
|
Provisions |
960 |
|
-------- |
|
Net assets |
330 |
|
-------- |
|
|
Capital and reserves
|
Called up share capital |
100 |
|
Profit and loss account |
230 |
|
---- |
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Shareholders funds |
330 |
|
---- |
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|
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 January 2025 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
.
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Statement of Financial Position (continued) |
|
31 January 2025
These financial statements were approved by the
board of directors
and authorised for issue on
24 September 2025
, and are signed on behalf of the board by:
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Miss S Chandarana |
|
|
Director |
|
|
|
Company registration number:
15402491
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Notes to the Financial Statements |
|
Period from 10 January 2024 to 31 January 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 29 Powys Avenue Oadby, Leicester, LE2 2DQ.
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, as modified by the revaluation of certain financial assets and liabilities.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
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:
|
Motor vehicles |
- |
25% straight line |
|
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.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
4.
Employee numbers
The average number of persons employed by the company during the period amounted to
1
.
5.
Tangible assets
|
Motor vehicles |
Equipment |
Total |
|
£ |
£ |
£ |
|
Cost |
|
|
|
|
At 10 January 2024 |
– |
– |
– |
|
Additions |
21,900 |
2,440 |
24,340 |
|
-------- |
------- |
-------- |
|
At 31 January 2025 |
21,900 |
2,440 |
24,340 |
|
-------- |
------- |
-------- |
|
Depreciation |
|
|
|
|
At 10 January 2024 |
– |
– |
– |
|
Charge for the period |
1,369 |
153 |
1,522 |
|
-------- |
------- |
-------- |
|
At 31 January 2025 |
1,369 |
153 |
1,522 |
|
-------- |
------- |
-------- |
|
Carrying amount |
|
|
|
|
At 31 January 2025 |
20,531 |
2,287 |
22,818 |
|
-------- |
------- |
-------- |
|
|
|
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6.
Debtors
|
31 Jan 25 |
|
£ |
|
Trade debtors |
9,462 |
|
------- |
|
|
7.
Creditors:
amounts falling due within one year
|
31 Jan 25 |
|
£ |
|
Corporation tax |
7,537 |
|
Other creditors |
11,216 |
|
-------- |
|
18,753 |
|
-------- |
|
|
8.
Creditors:
amounts falling due after more than one year
|
31 Jan 25 |
|
£ |
|
Other creditors |
16,700 |
|
-------- |
|
|
9.
Related party transactions
During the year the company received a loan from related party. The balance outstanding at 31 January 2025 was £16,700 and it is included in other creditors. At 31 January 2025 the director was owed £10,016 by the company.