Balance sheet continued

As at 31 January 2025

	Notes	2025 £	2024 £
Capital and reserves
Called up share capital:		3,567	6,384
Profit and loss account:		1,786	( 692 )
Shareholders funds:		5,353	5,692

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.

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 January 2025

• 1. Accounting policies

  Basis of measurement and preparation

  The director consider that the Company is entitled to exemption from audit under section 477 of the Companies
  Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance
  with section 476 of the Companies Act 2006.
  The director acknowledge their responsibilities for complying with the requirements of the Companies Act 2006
  with respect to accounting records and the preparation of financial statements.
  The financial statements have been prepared in accordance with the provisions applicable to companies subject
  to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

  Turnover policy

  Revenue is recognised to the extent that it is probable that the economic benefits will flow to the
  Company and the revenue can be reliably measured. Revenue is measured as the fair value of the
  consideration received or receivable, excluding discounts, rebates, value added tax and other sales
  taxes. The following criteria must also be met before revenue is recognised:
  Sale of goods
  Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
  the Company has transferred the significant risks and rewards of ownership to the buyer;
  the Company retains neither continuing managerial involvement to the degree usually
  associated with ownership nor effective control over the goods sold;
  the amount of revenue can be measured reliably;
  it is probable that the Company will receive the consideration due under the transaction; and
  the costs incurred or to be incurred in respect of the transaction can be measured reliably.
  Rendering of services
  Revenue from a contract to provide services is recognised in the period in which the services are
  provided in accordance with the stage of completion of the contract when all of the following
  conditions are satisfied:
  the amount of revenue can be measured reliably;
  it is probable that the Company will receive the consideration due under the contract;
  the stage of completion of the contract at the end of the reporting period can be measured
  reliably; and
  the costs incurred and the costs to complete the contract can be measured reliably.