COMPANY REGISTRATION NUMBER:
10078885
|
Filleted Unaudited Financial Statements |
|
|
Statement of Financial Position |
|
31 March 2025
Current assets
|
Debtors |
5 |
403,931 |
383,931 |
|
Cash at bank and in hand |
143,351 |
28,796 |
|
--------- |
--------- |
|
547,282 |
412,727 |
|
|
|
|
|
Creditors: amounts falling due within one year |
6 |
498,344 |
391,002 |
|
--------- |
--------- |
|
Net current assets |
48,938 |
21,725 |
|
-------- |
-------- |
|
Total assets less current liabilities |
48,938 |
21,725 |
|
|
|
|
|
Creditors: amounts falling due after more than one year |
7 |
2,287 |
12,489 |
|
-------- |
-------- |
|
Net assets |
46,651 |
9,236 |
|
-------- |
-------- |
|
|
|
|
Capital and reserves
|
Called up share capital |
1 |
1 |
|
Profit and loss account |
46,650 |
9,235 |
|
-------- |
------- |
|
Shareholders funds |
46,651 |
9,236 |
|
-------- |
------- |
|
|
|
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
|
Statement of Financial Position (continued) |
|
31 March 2025
These financial statements were approved by the
board of directors
and authorised for issue on
18 November 2025
, and are signed on behalf of the board by:
Company registration number:
10078885
|
Notes to the Financial Statements |
|
Year ended 31 March 2025
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Haslam House, 105 Chorley Old Road, Bolton, BL1 3AS.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102 Section 1A, Small Entities of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.
Income tax
Deferred tax is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred is accounted for in respect of all material timing differences to the extent that it is considered that a net liability may crystallise.
Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares. Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss. Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
13
(2024:
11
).
5.
Debtors
|
2025 |
2024 |
|
£ |
£ |
|
Other debtors |
403,931 |
383,931 |
|
--------- |
--------- |
|
|
|
6.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
|
Bank loans and overdrafts |
9,950 |
9,950 |
|
Trade creditors |
470,498 |
376,619 |
|
Corporation tax |
13,911 |
1,913 |
|
Other creditors |
3,985 |
2,520 |
|
--------- |
--------- |
|
498,344 |
391,002 |
|
--------- |
--------- |
|
|
|
7.
Creditors:
amounts falling due after more than one year
|
2025 |
2024 |
|
£ |
£ |
|
Bank loans and overdrafts |
2,287 |
12,489 |
|
------- |
-------- |
|
|
|
8.
Director's advances, credits and guarantees
At 31 March 2025, company owed £2,400 (2024: £1,200) to the director.
9.
Controlling party
St Georges Services Ltd
is a 100% subsidiary of St Georges Group Ltd. The ultimate controlling party is New River Group Ltd, company number 12505602, registered office Caroline House, 125 Bradshawgate, Bolton, BL2 1BJ.