COMPANY REGISTRATION NUMBER:
03645522
|
Filleted Unaudited Financial Statements |
|
|
Statement of Financial Position |
|
30 September 2025
Fixed assets
|
Tangible assets |
5 |
|
2,651 |
3,098 |
|
|
|
|
|
Current assets
|
Stocks |
8,934 |
|
6,342 |
|
Debtors |
6 |
3,728 |
|
4,293 |
|
Cash at bank and in hand |
35,489 |
|
30,142 |
|
------- |
|
------- |
|
48,151 |
|
40,777 |
|
|
|
|
|
|
Prepayments and accrued income |
545 |
|
842 |
|
|
|
|
|
Creditors: amounts falling due within one year |
7 |
7,051 |
|
5,185 |
|
------- |
|
------- |
|
Net current assets |
|
41,645 |
36,434 |
|
|
------- |
------- |
|
Total assets less current liabilities |
|
44,296 |
39,532 |
|
|
|
|
|
|
Accruals and deferred income |
|
1,240 |
1,190 |
|
|
------- |
------- |
|
Net assets |
|
43,056 |
38,342 |
|
|
------- |
------- |
|
|
|
|
Capital and reserves
|
Called up share capital |
8 |
|
2 |
2 |
|
Profit and loss account |
|
43,054 |
38,340 |
|
|
------- |
------- |
|
Shareholders funds |
|
43,056 |
38,342 |
|
|
------- |
------- |
|
|
|
|
|
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 year ending 30 September 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 her 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) |
|
30 September 2025
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:
03645522
|
Notes to the Financial Statements |
|
Year ended 30 September 2025
1.
General information
The company is a private company limited by shares, registered and trading in England and Wales with company number
03645522
. The address of the registered office is 24 The Crescent, Keresley End, Coventry, CV7 8JT, West Midlands.
2.
Statement of compliance
The financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 Section 1A smaller entities 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' ('FRS 102') and 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 company and rounded to the nearest £.
Judgements in applying accounting policies and key sources of estimation in uncertainty
In preparing these financial statements the director has had to make judgements, estimates and assumptions that affect the application of policies and reported amounts of assets, liabilities, income and expenses. Estimates and associated assumptions are based on historic experience and various other factors including expectations of future events that are believed to be reasonable under the circumstances, however actual results may differ from these estimates. For this reporting date there are no significant judgements, estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities.
Revenue recognition
Turnover represents the net invoiced sales of goods from ordinary activities, excluding VAT.
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:
|
Plant & Equipment |
- |
15% reducing balance |
|
|
|
|
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
The company only has basic financial instruments. - Financial assets Financial assets comprise items such as cash at bank and in hand and trade and other debtors. These are initially recorded at cost on the date they originate, the company considers evidence of impairment for all individual elements comprising financial assets and any subsequent impairment is recognised in profit and loss. - Financial liabilities Financial liabilities comprise items such as corporation and other taxes, bank and other loans, accruals and trade and other creditors. These are initially recorded at cost on the date they originate, net of transaction costs where applicable, the company considers evidence of impairment for all individual elements comprising financial liabilities and any subsequent impairment is recognised in profit and loss.
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
4
(2024:
4
).
5.
Tangible assets
|
Equipment |
Total |
|
£ |
£ |
|
Cost |
|
|
|
At 1 October 2024 and 30 September 2025 |
14,393 |
14,393 |
|
------- |
------- |
|
Depreciation |
|
|
|
At 1 October 2024 |
11,295 |
11,295 |
|
Charge for the year |
447 |
447 |
|
------- |
------- |
|
At 30 September 2025 |
11,742 |
11,742 |
|
------- |
------- |
|
Carrying amount |
|
|
|
At 30 September 2025 |
2,651 |
2,651 |
|
------- |
------- |
|
At 30 September 2024 |
3,098 |
3,098 |
|
------- |
------- |
|
|
|
6.
Debtors
|
2025 |
2024 |
|
£ |
£ |
|
Trade debtors |
3,728 |
4,293 |
|
------ |
------ |
|
|
|
7.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
|
Social security and other taxes |
2,709 |
2,889 |
|
Other creditors |
4,342 |
2,296 |
|
------ |
------ |
|
7,051 |
5,185 |
|
------ |
------ |
|
|
|
8.
Called up share capital
Issued, called up and fully paid
|
2025 |
2024 |
|
No. |
£ |
No. |
£ |
|
Ordinary shares of £ 1 each |
2 |
2 |
2 |
2 |
|
---- |
---- |
---- |
---- |
|
|
|
|
|
9.
Director's advances, credits and guarantees
At the reporting date the directors loan account was in credit by £3,684 (2024: £1,943). There is no fixed term for repayment and no interest is charged
.