COMPANY REGISTRATION NUMBER:
14670532
|
FILLETED UNAUDITED FINANCIAL STATEMENTS |
|
|
STATEMENT OF FINANCIAL POSITION |
|
31 March 2025
FIXED ASSETS
|
Investments |
4 |
|
600,000 |
|
600,000 |
|
|
|
|
|
|
CURRENT ASSETS
|
Cash at bank and in hand |
1 |
|
1 |
|
|
---- |
|
---- |
|
|
NET CURRENT ASSETS |
|
1 |
|
1 |
|
|
--------- |
|
--------- |
|
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
600,001 |
|
600,001 |
|
|
--------- |
|
--------- |
|
|
|
|
|
CAPITAL AND RESERVES
|
Called up share capital fully paid |
|
600,000 |
|
600,000 |
|
Profit and loss account |
|
1 |
|
1 |
|
|
--------- |
|
--------- |
|
SHAREHOLDERS FUNDS |
|
600,001 |
|
600,001 |
|
|
--------- |
|
--------- |
|
|
|
|
|
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 year ending 31 March 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
12 September 2025
, and are signed on behalf of the board by:
|
Mr R C P Seddon |
Mr D J Seddon |
|
Director |
Director |
|
|
Company registration number:
14670532
|
NOTES TO THE FINANCIAL STATEMENTS |
|
YEAR ENDED 31 MARCH 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 Headlands House, 1 Kings Court, Kettering Parkway, Kettering, Northamptonshire, NN15 6WJ.
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 and are prepared in sterling, which is the functional currency of the entity.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company 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.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.
4.
INVESTMENTS
|
Shares in group undertakings |
|
£ |
|
Cost |
|
|
At 1 April 2024 and 31 March 2025 |
600,000 |
|
--------- |
|
Impairment |
|
|
At 1 April 2024 and 31 March 2025 |
– |
|
--------- |
|
|
|
Carrying amount |
|
|
At 31 March 2025 |
600,000 |
|
--------- |
|
At 31 March 2024 |
600,000 |
|
--------- |
|
|
5.
RELATED PARTY TRANSACTIONS
Advantage has also been taken of the exemption conferred by FRS 102 to group undertakings, of whose voting rights are controlled within the group, not to disclose transactions with other group companies.