COMPANY REGISTRATION NUMBER:
05540730
|
Filleted Unaudited Financial Statements |
|
|
Statement of Financial Position |
|
31 March 2025
Fixed assets
Current assets
|
Debtors |
5 |
– |
|
20,515 |
|
Cash at bank and in hand |
326,207 |
|
327,105 |
|
--------- |
|
--------- |
|
326,207 |
|
347,620 |
|
|
|
|
|
|
Creditors: amounts falling due within one year |
6 |
5,347 |
|
1,932 |
|
--------- |
|
--------- |
|
Net current assets |
|
320,860 |
345,688 |
|
|
--------- |
--------- |
|
Total assets less current liabilities |
|
320,935 |
345,775 |
|
|
|
|
|
Provisions
|
Taxation including deferred tax |
|
14 |
16 |
|
|
--------- |
--------- |
|
Net assets |
|
320,921 |
345,759 |
|
|
--------- |
--------- |
|
|
|
|
Capital and reserves
|
Called up share capital |
|
100 |
100 |
|
Profit and loss account |
|
320,821 |
345,659 |
|
|
--------- |
--------- |
|
Shareholder funds |
|
320,921 |
345,759 |
|
|
--------- |
--------- |
|
|
|
|
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 31st 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 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 her 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
29 December 2025
, and are signed on behalf of the board by:
Company registration number:
05540730
|
Notes to the Financial Statements |
|
Year Ended 31st 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 15 Ropergate End, Pontefract, West Yorkshire, WF8 1JT.
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 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.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Income tax
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset is realised.
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:
|
Fixtures and fittings |
- |
15% 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.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash Short-term trade and other debtors and creditors Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.
4.
Tangible assets
|
Fixtures and fittings |
Total |
|
£ |
£ |
|
Cost |
|
|
|
At 1st April 2024 and 31st March 2025 |
1,008 |
1,008 |
|
-------- |
-------- |
|
Depreciation |
|
|
|
At 1st April 2024 |
921 |
921 |
|
Charge for the year |
12 |
12 |
|
-------- |
-------- |
|
At 31st March 2025 |
933 |
933 |
|
-------- |
-------- |
|
Carrying amount |
|
|
|
At 31st March 2025 |
75 |
75 |
|
-------- |
-------- |
|
At 31st March 2024 |
87 |
87 |
|
-------- |
-------- |
|
|
|
5.
Debtors
|
2025 |
2024 |
|
£ |
£ |
|
Other debtors |
– |
20,515 |
|
-------- |
-------- |
|
|
|
6.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
|
Corporation tax |
2,882 |
732 |
|
Other creditors |
2,465 |
1,200 |
|
-------- |
-------- |
|
5,347 |
1,932 |
|
-------- |
-------- |
|
|
|
7.
Director's advances, credits and guarantees
No advances were made to the director by the company during the year and no amounts in respect of advances to the director were outstanding at the year end. The company has not provided any guarantees on behalf of the director during the year.