Balance sheet continued

As at 05 April 2025

For the year ending 5 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 05 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

  The turnover shown in the profit and loss account represents revenue recognized by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.

  Tangible fixed assets depreciation policy

  Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful economic life, as follows: Fixtures and Fittings - 10% Reducing Balance, Motor Vehicles - 25% Reducing Balance, Computer Equipment - 25% Straight Line.

  Other accounting policies

  Deferred Tax; Deferred tax is recognized in respect of all timing differences that have originated but not reversed at the balance sheet date. Deferred Tax is not recognized when assets are revalued unless, by the balance sheet date, the company has entered into a binding agreement to sell the assets and recognize the gains and losses expected to rise on sale or where assets have been sold and it is expected that the taxable gain will be rolled over into a replacement asset.