COMPANY REGISTRATION NUMBER:
11002765
|
Filleted Unaudited Financial Statements |
|
|
Statement of Financial Position |
|
28 February 2025
Current assets
|
Debtors |
5 |
47,650 |
178,799 |
|
Cash at bank and in hand |
270,276 |
154,321 |
|
--------- |
--------- |
|
317,926 |
333,120 |
|
|
|
|
|
Creditors: amounts falling due within one year |
6 |
320,225 |
250,439 |
|
--------- |
--------- |
|
Net current (liabilities)/assets |
(
2,299) |
82,681 |
|
------- |
-------- |
|
Total assets less current liabilities |
(
2,299) |
82,681 |
|
------- |
-------- |
|
Net (liabilities)/assets |
(
2,299) |
82,681 |
|
------- |
-------- |
|
|
|
|
Capital and reserves
|
Called up share capital |
1 |
1 |
|
Profit and loss account |
(
2,300) |
82,680 |
|
------- |
-------- |
|
Shareholder (deficit)/funds |
(
2,299) |
82,681 |
|
------- |
-------- |
|
|
|
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 28 February 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 member has 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
3 December 2025
, and are signed on behalf of the board by:
Company registration number:
11002765
|
Notes to the Financial Statements |
|
Year ended 28 February 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 Suite F, 1-3 Canfield Place, London, NW6 3BT.
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.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the fixed exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
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. Debt instruments are subsequently measured at amortised cost.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to Nil
(2024:
1
).
5.
Debtors
|
2025 |
2024 |
|
£ |
£ |
|
Other debtors |
47,650 |
178,799 |
|
-------- |
--------- |
|
|
|
6.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
|
Trade creditors |
– |
180,620 |
|
Other creditors |
320,225 |
69,819 |
|
--------- |
--------- |
|
320,225 |
250,439 |
|
--------- |
--------- |
|
|
|
7.
Controlling party
Ms Marijke Desouza
is the ultimate controlling party on the basis that she has ownership of voting rights and her right to appoint and remove directors and shareholders.