Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet

As at 31 December 2024

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 directors have chosen not to file a copy of the company's profit and loss account.

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

  Turnover policy

  Turnover represents amounts receivable for services. Amounts receivable for services performed over time are based upon the stage of completion of the services performed

  Tangible fixed assets depreciation policy

  Tangible fixed assets, other than freehold land, are stated at costs or valuation less deprecation and any provision for impairment. Depreciation is provided at rates calculated to write off cost of valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Land and buildings 10% Reducing balance Plant and machinery 25% Reducing balance Computer equipment 33% Reducing balance Motor vehicles 20% Reducing balance Narrowboats 10% Reducing balance

  Other accounting policies

  Deferred Tax Deferred tax is recognized in respect of all timing differences that have originated but not reversed at the statement of financial position date. Hire purchase and leasing commitments Rentals payable under operating leases are charges against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a method giving constant rate of return on the balance outstanding.

Notes to the Financial Statements

for the Period Ended 31 December 2024

• 2. Employees

  	2024	2023
  Average number of employees during the period	2	2