COMPANY REGISTRATION NUMBER:
05371860
|
Filleted Unaudited Financial Statements |
|
|
Statement of Financial Position |
|
31 January 2025
Current assets
|
Debtors |
4 |
1,467,003 |
1,223,901 |
|
Cash at bank and in hand |
18,326 |
18,168 |
|
------------ |
------------ |
|
1,485,329 |
1,242,069 |
|
|
|
|
|
Creditors: amounts falling due within one year |
5 |
1,462,693 |
1,206,456 |
|
------------ |
------------ |
|
Net current assets |
22,636 |
35,613 |
|
-------- |
-------- |
|
Total assets less current liabilities |
22,636 |
35,613 |
|
-------- |
-------- |
|
|
|
|
Capital and reserves
|
Called up share capital |
100 |
100 |
|
Profit and loss account |
22,536 |
35,513 |
|
-------- |
-------- |
|
Shareholders funds |
22,636 |
35,613 |
|
-------- |
-------- |
|
|
|
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 income and retained earnings has not been delivered.
For the year ending 31 January 2025 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 year 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
.
These financial statements were approved by the
board of directors
and authorised for issue on
30 September 2025
, and are signed on behalf of the board by:
Company registration number:
05371860
|
Notes to the Financial Statements |
|
Year ended 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 Suite 1, First Floor, 1 Duchess Street, London, W1W 6AN, England.
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.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
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.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
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. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
4.
Debtors
|
2025 |
2024 |
|
£ |
£ |
|
Trade debtors |
– |
17,906 |
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
1,467,003 |
1,205,995 |
|
------------ |
------------ |
|
1,467,003 |
1,223,901 |
|
------------ |
------------ |
|
|
|
5.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
|
Trade creditors |
7,238 |
– |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
1,423,393 |
1,167,802 |
|
Corporation tax |
15,674 |
10,274 |
|
Other creditors |
16,388 |
28,380 |
|
------------ |
------------ |
|
1,462,693 |
1,206,456 |
|
------------ |
------------ |
|
|
|
6.
Contingencies
The company is a member of a group registration for value added tax purposes and, accordingly is jointly and severally liable for any such tax due by the representative member.
7.
Related party transactions
The company has taken advantage of the exemption granted by paragraph 33.1(a) of FRS102, Related Party Disclosures, not to disclose transactions with group companies which are wholly owned subsidiaries of the group.
8.
Controlling party
The parent undertaking, 4D Interactive Limited, is a company registered in England and Wales. At 31 January 2025 the ultimate controlling party was Intermediactive Holdings Limited.