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

  (a) Fundamental Accounting Concept: The financial statements have been prepared in accordance with applicable accounting standards and under the historical cost accounting convention and in accordance the provisions of Section 1A (Small Entities) of Financial reporting Standard 102.
  (b) Basis of Accounting: The Financial statements have been prepared on a going concern basis which is dependent on the continuation of adequate backing facilities by the shareholders of the company

  Turnover policy

  Turnover is defined as the value of the goods sold and services provided to external customers which fall within the company's ordinary activities, stated net of Value Added Tax.

  Tangible fixed assets depreciation policy

  No Depreciation is provided on Leasehold Properties with Leases with fifty years or over to run at the Balance Sheet date; a depreciation provision is considered to be immaterial. All properties held on Leases of less than fifty years are amortised over the unexpired term of the Lease.
  
  Depreciation is provided to write off the cost of all fixed assets over their estimated useful lives using the reducing balance method at the following rates: Plant and Machinery 25% Motor Vehicles 25% Fixtures and Fittings 20%
  
  

  Other accounting policies

  Cash Flow Statement: The company has taken advantage of the exemption from preparing a cash flow statement in accordance with Financial Reporting Standards on the basis that it qualifies as a small company as defined by Section 476 of the Companies Act 2006 for small companies.