COMPANY REGISTRATION NUMBER:
11853855
|
Filleted Unaudited Abridged Financial Statements |
|
|
Abridged Statement of Financial Position |
|
31 March 2025
Fixed Assets
|
Tangible assets |
5 |
130,479 |
110,205 |
|
|
|
|
Current Assets
|
Stocks |
39,376 |
35,022 |
|
Debtors |
247,272 |
139,968 |
|
Cash at bank and in hand |
71,581 |
77,578 |
|
--------- |
--------- |
|
358,229 |
252,568 |
|
|
|
|
Creditors: amounts falling due within one year |
284,431 |
233,409 |
|
--------- |
--------- |
|
Net Current Assets |
73,798 |
19,159 |
|
--------- |
--------- |
|
Total Assets Less Current Liabilities |
204,277 |
129,364 |
|
|
|
|
Creditors: amounts falling due after more than one year |
67,928 |
29,200 |
|
|
|
|
Provisions |
24,511 |
– |
|
--------- |
--------- |
|
Net Assets |
111,838 |
100,164 |
|
--------- |
--------- |
|
|
|
Capital and Reserves
|
Called up share capital |
6 |
100 |
100 |
|
Profit and loss account |
111,738 |
100,064 |
|
--------- |
--------- |
|
Shareholders Funds |
111,838 |
100,164 |
|
--------- |
--------- |
|
|
|
|
These abridged 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 abridged 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 abridged 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 abridged financial statements
.
All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.
|
Abridged Statement of Financial Position (continued) |
|
31 March 2025
These abridged financial statements were approved by the
board of directors
and authorised for issue on
23 December 2025
, and are signed on behalf of the board by:
Company registration number:
11853855
|
Notes to the Abridged 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 Unit 89 - 90, Block 15 Old Mill Lane Industrial Estate, Mansfield Woodhouse, Mansfield, NG19 9BG, England.
2.
Statement of compliance
These abridged 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 abridged 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 abridged 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 and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income 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 pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
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 |
- |
15% reducing balance |
|
Equipment |
- |
20% reducing balance |
|
|
|
|
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.
Finance leases and hire purchase contracts
Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed assets at their fair value. The capital element of the future payments is treated as a liability, and the interest is charged to the profit and loss account on a straight line basis.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Basic financial instruments are initially recognised at the transaction price.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
16
(2024:
10
).
5.
Tangible assets
|
£ |
|
Cost |
|
|
At 1 April 2024 |
154,342 |
|
Additions |
38,186 |
|
--------- |
|
At 31 March 2025 |
192,528 |
|
--------- |
|
Depreciation |
|
|
At 1 April 2024 |
44,137 |
|
Charge for the year |
17,912 |
|
--------- |
|
At 31 March 2025 |
62,049 |
|
--------- |
|
Carrying amount |
|
|
At 31 March 2025 |
130,479 |
|
--------- |
|
At 31 March 2024 |
110,205 |
|
--------- |
|
|
6.
Called up share capital
Issued, called up and fully paid
|
2025 |
2024 |
|
No. |
£ |
No. |
£ |
|
Ordinary shares of £ 1 each |
100 |
100 |
100 |
100 |
|
---- |
---- |
---- |
---- |
|
|
|
|
|
7.
Director's advances, credits and guarantees
There are no director's advances, credits or guarantees that require disclosure.