COMPANY REGISTRATION NUMBER:
10077804
|
Filleted Unaudited Financial Statements |
|
|
Statement of Financial Position |
|
31 March 2025
Fixed assets
|
Investments |
4 |
109,636 |
87,392 |
|
|
|
|
Current assets
|
Cash at bank and in hand |
814 |
7,184 |
|
|
|
|
Creditors: amounts falling due within one year |
5 |
(
41,221) |
(
35,280) |
|
-------- |
-------- |
|
Net current liabilities |
(
40,407) |
(
28,096) |
|
--------- |
-------- |
|
Total assets less current liabilities |
69,229 |
59,296 |
|
-------- |
-------- |
|
Net assets |
69,229 |
59,296 |
|
-------- |
-------- |
|
|
|
|
Capital and reserves
|
Called up share capital |
2 |
2 |
|
Profit and loss account |
69,227 |
59,294 |
|
-------- |
-------- |
|
Shareholders funds |
69,229 |
59,296 |
|
-------- |
-------- |
|
|
|
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 31 March 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 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
5 December 2025
, and are signed on behalf of the board by:
Company registration number:
10077804
|
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 10 Orange Street, Haymarket, London, WC2H 7DQ.
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.
Going concern
The accounts have been prepared on a going concern basis, not withstanding the net current liabilities, as the shareholder has expressed their willingness to support the company for the foreseeable future.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
4.
Investments
|
Other investments other than loans |
|
£ |
|
Cost |
|
|
At 1 April 2024 |
87,392 |
|
Additions |
6,250 |
|
Revaluations |
15,994 |
|
--------- |
|
At 31 March 2025 |
109,636 |
|
--------- |
|
Impairment |
|
|
At 1 April 2024 and 31 March 2025 |
– |
|
--------- |
|
|
|
Carrying amount |
|
|
At 31 March 2025 |
109,636 |
|
--------- |
|
At 31 March 2024 |
87,392 |
|
--------- |
|
|
5.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
|
Trade creditors |
2,081 |
2,235 |
|
Other creditors |
39,140 |
33,045 |
|
-------- |
-------- |
|
41,221 |
35,280 |
|
-------- |
-------- |
|
|
|