Balance sheet continued

As at 31 March 2025

	Notes	2025 £	2024 £
Capital and reserves
Called up share capital:		2	2
Profit and loss account:		( 34,720 )	8,909
Shareholders funds:		( 34,718 )	8,911

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.

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

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover represents amounts receivable for goods supplied and services provided, net of VAT and discounts.
  Turnover is recognised when:
  
  The company has transferred control of goods/services;
  
  The amount of revenue can be measured reliably;
  
  It is probable the economic benefits will flow to the company.

  Tangible fixed assets depreciation policy

  Tangible fixed assets are measured at cost less accumulated depreciation and impairment.
  Depreciation is provided on a straight-line basis at the following annual rates:
  
  Plant and machinery: 15% on a reducing balance basis
  
  Motor vehicles: 25% on a reducing balance basis
  
  Office equipment: 15% on a reducing balance basis
  
  Fixtures, fittings & equipment: 15% on a reducing balance basis

  Valuation information and policy

  Stocks are valued at the lower of cost and net realisable value.