Balance sheet continued

As at 31 January 2025

	Notes	2025 £	2024 £
Capital and reserves
Called up share capital:		100	100
Profit and loss account:		12,918	36,951
Shareholders funds:		13,018	37,051

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 in the profit and loss account represents revenue earned during the period, exclusive of VAT and trade discounts.

  Tangible fixed assets depreciation policy

  Depreciation is provided, after taking account of any grants receivable, at the following rates in order to write off each asset over its estimated useful life. Plant and Machinery -18% on a reducing balance, Motor Vehicles -18% on a reducing balance and Fixtures and Fittings -18% on a reducing balance.