COMPANY REGISTRATION NUMBER:
06100717
|
Filleted Unaudited Abridged Financial Statements |
|
|
Abridged Statement of Financial Position |
|
28 February 2025
Current assets
|
Debtors |
25,364 |
|
25,364 |
|
Cash at bank and in hand |
27,647 |
|
27,647 |
|
-------- |
|
-------- |
|
53,011 |
|
53,011 |
|
|
|
|
|
Creditors: amounts falling due within one year |
71,760 |
|
66,050 |
|
-------- |
|
-------- |
|
Net current liabilities |
|
18,749 |
13,039 |
|
|
-------- |
-------- |
|
Total assets less current liabilities |
|
(
18,749) |
(
13,039) |
|
|
|
|
|
Creditors: amounts falling due after more than one year |
|
24,455 |
24,455 |
|
|
-------- |
-------- |
|
Net liabilities |
|
(
43,204) |
(
37,494) |
|
|
-------- |
-------- |
|
|
|
|
Capital and reserves
|
Called up share capital |
|
1,000 |
1,000 |
|
Profit and loss account |
|
(
44,204) |
(
38,494) |
|
|
-------- |
-------- |
|
Shareholders deficit |
|
(
43,204) |
(
37,494) |
|
|
-------- |
-------- |
|
|
|
|
These abridged 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 abridged statement of income and retained earnings has not been delivered.
For the year ending 28 February 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 abridged financial statements for the year in question in accordance with section 476
;
-
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 28 February 2025 in accordance with Section 444(2A) of the Companies Act 2006.
|
Abridged Statement of Financial Position (continued) |
|
28 February 2025
These abridged financial statements were approved by the
board of directors
and authorised for issue on
25 November 2025
, and are signed on behalf of the board by:
Company registration number:
06100717
|
Notes to the Abridged Financial Statements |
|
Year ended 28 February 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 16B Woodland Close, Duston, Northampton, England, NN5 6NH, UK.
2.
Accounting policies
Basis of preparation
The abridged 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 abridged financial statements are prepared in sterling, which is the functional currency of the entity.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. Its financial statements are consolidated into the financial statements of (enter name of group financial statements) which can be obtained from (enter detail). As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented. (c) No disclosure has been given for the aggregate remuneration of key management personnel.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
|
Equipment |
- |
20% reducing balance |
|
|
|
|
Impairment of fixed assets
3.
Employee numbers
The average number of persons employed by the company during the year amounted to Nil
(2024:
1
).
4.
Tangible assets
|
£ |
|
Cost |
|
|
At 1 March 2024 and 28 February 2025 |
796 |
|
---- |
|
Depreciation |
|
|
At 1 March 2024 and 28 February 2025 |
796 |
|
---- |
|
Carrying amount |
|
|
At 28 February 2025 |
– |
|
---- |
|
At 29 February 2024 |
– |
|
---- |
|
|
5.
Director's advances, credits and guarantees
Loans to the director are charged at market rates and payable within a year.
6.
Related party transactions
The company was under the control of Miss Tracey D Lowe throughout the current and previous year. Miss Lowe is the managing director and majority shareholder. No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.