Balance sheet continued

As at 30 April 2025

	Notes	2025 £	2024 £
Capital and reserves
Called up share capital:		100	100
Revaluation reserve:	5	17,118	( 4,722 )
Profit and loss account:		335,349	384,153
Shareholders funds:		352,567	379,531

For the year ending 30 April 2025 the company was entitled to exemption 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 30 April 2025

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover represents fees for services rendered during the year, excluding Value Added Tax, and associated fabrication activities. The turnover and profit are wholly attributed to the Company activities and paid solely within the UK

  Valuation information and policy

  Some time (salary) and cash reserve were invested in development of the business property asset during the period. The investment is expected to increase the value of the property, although no independent revaluation has yet been performed and no 'revaluation' is included in the balance sheet for the asset. The time and cash investment may result in a 'loss' to be 'carried forward'. It is planned that this strategy will continue for up to 3years until the property is either sold or independent revaluation made and the 'balancing charge' then entered on the balance sheet.