COMPANY REGISTRATION NUMBER:
12536512
|
Filleted Unaudited Financial Statements |
|
|
Statement of Financial Position |
|
31 March 2025
Fixed assets
|
Tangible assets |
5 |
|
1,155 |
|
1,155 |
|
|
|
|
|
|
Current assets
|
Creditors: amounts falling due within one year |
6 |
16,755 |
|
16,755 |
|
|
-------- |
|
-------- |
|
|
Net current liabilities |
|
16,465 |
|
16,465 |
|
|
-------- |
|
-------- |
|
Total assets less current liabilities |
|
(
15,310) |
|
(
15,310) |
|
|
-------- |
|
-------- |
|
Net liabilities |
|
(
15,310) |
|
(
15,310) |
|
|
-------- |
|
-------- |
|
|
|
|
|
|
Capital and reserves
|
Called up share capital |
|
1 |
|
1 |
|
Profit and loss account |
|
(
15,311) |
|
(
15,311) |
|
|
-------- |
|
-------- |
|
Shareholders deficit |
|
(
15,310) |
|
(
15,310) |
|
|
-------- |
|
-------- |
|
|
|
|
|
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 comprehensive income has not been delivered.
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 his 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) |
|
31 March 2025
These financial statements were approved by the
board of directors
and authorised for issue on
8 December 2025
, and are signed on behalf of the board by:
Company registration number:
12536512
|
Notes to the Financial Statements |
|
Year ended 31 March 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 5 Piercy End, Kirbymoorside, York, YO62 6DQ.
2.
Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
(a)
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
(b)
Going concern
The balance sheet at 31 March 2025 shows that liabilities exceeded assets by £15,310. Liabilities include loans from the directors totalling £16,522. The company relies on the continued support of the directors to continue normal trading activities. Such support has been confirmed and will be made available for the foreseeable future and increased where necessary. The accounts are therefore prepared on a going concern basis.
(c)
Income statement
The company is dormant as defined by section 1169 of the Companies Act 2006. The company incurred no significant transactions during the current year.
(d)
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.
(e)
Current 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 be paid or recovered using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
(f)
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
(g)
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 and machinery |
- |
20% reducing balance |
|
|
|
|
(h)
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.
(i)
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4.
Employee numbers
The average number of persons employed by the company during the year, including the directors, amounted to 1
5.
Tangible assets
|
Plant and machinery |
|
£ |
|
Cost |
|
|
At 1 April 2024 and 31 March 2025 |
2,255 |
|
------- |
|
Depreciation |
|
|
At 1 April 2024 and 31 March 2025 |
1,100 |
|
------- |
|
Carrying amount |
|
|
At 31 March 2025 |
1,155 |
|
------- |
|
At 31 March 2024 |
1,155 |
|
------- |
|
|
6.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
|
Other creditors |
16,755 |
16,755 |
|
-------- |
-------- |
|
|
|
7.
Related party transactions
During the year the
director
made available a loan to the company
. At 31 March 2025, the total balance outstanding on the loan was £ 16,522
(2024: £16,522) no interest is charged on the loan in the period and the balance is repayable on demand.