COMPANY REGISTRATION NUMBER:
15118626
|
FILLETED UNAUDITED FINANCIAL STATEMENTS |
|
|
STATEMENT OF FINANCIAL POSITION |
|
28 September 2024
CURRENT ASSETS
|
Stocks |
4,850 |
|
|
Debtors |
5 |
97,174 |
|
|
Cash at bank and in hand |
107,105 |
|
|
--------- |
|
|
209,129 |
|
|
|
|
|
|
CREDITORS: amounts falling due within one year |
6 |
(
183,608) |
|
|
--------- |
|
|
NET CURRENT ASSETS |
|
25,521 |
|
|
-------- |
|
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
25,521 |
|
|
-------- |
|
NET ASSETS |
|
25,521 |
|
|
-------- |
|
|
|
|
CAPITAL AND RESERVES
|
Profit and loss account |
|
25,521 |
|
|
-------- |
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SHAREHOLDERS FUNDS |
|
25,521 |
|
|
-------- |
|
|
|
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 income and retained earnings has not been delivered.
For the period ending 28 September 2024 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 period 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
.
These financial statements were approved by the
board of directors
and authorised for issue on
4 December 2025
, and are signed on behalf of the board by:
Company registration number:
15118626
|
NOTES TO THE FINANCIAL STATEMENTS |
|
PERIOD FROM 6 SEPTEMBER 2023 TO 28 SEPTEMBER 2024
1.
GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 1, Westgate House, Station Parade, Harrowgate, HG1 1HQ.
2.
STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
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 for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.
4.
EMPLOYEE NUMBERS
The average number of persons employed by the company during the period amounted to
15
.
5.
DEBTORS
|
28 Sep 24 |
|
£ |
|
Trade debtors |
1,059 |
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
96,115 |
|
-------- |
|
97,174 |
|
-------- |
|
|
6.
CREDITORS:
amounts falling due within one year
|
28 Sep 24 |
|
£ |
|
Trade creditors |
129,976 |
|
Corporation tax |
17,236 |
|
Social security and other taxes |
1,344 |
|
Other creditors |
35,052 |
|
--------- |
|
183,608 |
|
--------- |
|
|