Balance sheet continued

As at 31 March 2025

For the year ending 31 March 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 31 March 2025

• 1. Accounting policies

  Basis of measurement and preparation

  The financial statements have been prepared under the historical cost convention.

  Turnover policy

  Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

  Tangible fixed assets depreciation policy

  Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any anticipated residual value, over the useful economic life as follows;
  Asset class; Plant & Equipment
  Depreciation Method & Rate; 33% straight line

  Valuation information and policy

  Stock is valued at the lower of cost and net realisable value, after taking due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.