Balance sheet continued

As at 31 March 2025

	Notes	2025 £	2024 £
Capital and reserves
Called up share capital:		3	3
Revaluation reserve:	6	373,000	373,000
Profit and loss account:		2,047,038	1,808,560
Shareholders funds:		2,420,041	2,181,563

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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 in accordance with FRS 102 'The Financial
  Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the
  requirements of the Companies Act 2006 as applicable to companies subject to the
  small companies regime. The disclosure requirements of section 1A of FRS 102 have
  been applied other than where additional disclosure is required to show a true and
  fair view.
  The financial statements are prepared in sterling, which is the functional currency
  of the company. Monetary amounts in these financial statements are rounded to the
  nearest £1.
  The financial statements have been prepared under the historical cost convention. The
  principal accounting policies adopted are set out below.