- The company is a private company limited by shares and registered in England and Wales. It was entitled to exemption from audit 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Average number of employees
The average number of persons employed by the company in the period was 3 (previous period: 3).
Directors advances, credits and guarantees
S M Trevor 2025 2024 As Restated
Balance outstanding at start of year £1,786 £0
Amounts advanced £41,438 £36,123
Amounts repaid (£41,123) (£34,337)
Balance outstanding at end of year £2,101 £1,786
The loan to the director is unsecured, interest free and repayable on demand.
Additional Disclosures
PRIOR YEAR ADJUSTMENTS
It was identified that payments previously identified as personal life insurance and classified as director's advances were actually employer's pension payments on behalf of employees and directors. These have been identified going back to the year ended 30 April 2019 and consequently the opening balances for the year ended 30 April 2024 have been adjusted and the year ended 30 April 2024 costs reclassified. It was also identified that a vehicle insurance payment had been incorrectly classified as an advance to a director during the year ended 30 April 2024.
The effect on the comparatives are to reduce the opening capital and reserves at 1 May 2023 from £114,617 to £98,668. To increase employer's pension costs from £2,323 to £4,723, to increase licences and insurance from £17,687 to £19,143 and to reduce the interest charged on the director's loan account by £398. The tax effect reduced the liability by £1,132. The closing capital and reserves at 30 April 2024 reduced from £146,036 to £126,964.