Balance sheet continued

As at 31 March 2025

	Notes	16 months to 31 Mar 2025 £
Capital and reserves
Called up share capital:		100
Profit and loss account:		( 170,735 )
Shareholders funds:		( 170,635 )

For the year ending 31 March 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 31 March 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

  Tangible fixed assets depreciation policy

  Tengible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by the management.
  
  Depreciation ois charged so as to allocate the cost of asset less their residual value over the estimated useful lives, using straught-line method. No depreciation is charged on the period of acquisition and full depreciation charged on the period of disposal.
  
  Depreciation is charged on the following basis:
  Furnitures and Equipments - 20%
  
  Gains and loss on disposals are determined by compairing the proceeds with the carring amount and are recognised in the profit or loss.