Balance sheet continued

As at 31 January 2025

For the year ending 31 January 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 January 2025

• 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

  The turnover shown in the Profit and Loss account represents revenue recognized by the company in respect of goods and services supplied during this period, inclusive of Value Added tax & Trade discounts.

  Tangible fixed assets depreciation policy

  Depreciation is proved after taking account of any grants receivable, at annual rates in order to write off each asst over it's estimated useful lifetime. Computer & accessories -33.3% on cost. Fixtures and Fittings -20% on cost.

  Intangible fixed assets amortisation policy

  Intangible fixed assets (including goodwill and patents) are amortized at rates calculated to write off assets on as straight line basis over their economical lives, not to exceed 20 years. Impairment of intangible assets is only received where circumstances indicate that the carrying value of an asset may not be fully recoverable.