Company Registration No. 10580875 (England and Wales)
245 Group Ltd
Unaudited accounts
for the year ended 31 March 2025
245 Group Ltd
Unaudited accounts
Contents
245 Group Ltd
Company Information
for the year ended 31 March 2025
Company Number
10580875 (England and Wales)
Registered Office
35 Berkeley Square
Mayfair
London
W1J 5BF
ENGLAND
245 Group Ltd
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
49,000
-
Creditors: amounts falling due within one year
(782)
(120)
Net current assets
1,568,118
499,880
Net assets
1,568,318
499,980
Called up share capital
200
100
Profit and loss account
1,568,118
499,880
Shareholders' funds
1,568,318
499,980
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 December 2025 and were signed on its behalf by
Mr J Herriott
Director
Company Registration No. 10580875
245 Group Ltd
Notes to the Accounts
for the year ended 31 March 2025
245 Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 10580875. The registered office is 35 Berkeley Square, Mayfair, London, W1J 5BF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Investments
Subsidiary undertakings
Valuation at 1 April 2024
100
Valuation at 31 March 2025
200
Amounts falling due within one year
Amounts due from group undertakings etc.
1,349,900
500,000
6
Creditors: amounts falling due within one year
2025
2024
Loans from directors
(100)
-
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).