COMPANY REGISTRATION NUMBER:
06876914
|
Unaudited financial statements |
|
|
Statement of financial position |
|
31 May 2025
Current assets
|
Debtors |
5 |
7,479 |
|
250,038 |
|
|
Cash at bank and in hand |
– |
|
37,870 |
|
|
------ |
|
--------- |
|
|
7,479 |
|
287,908 |
|
|
|
|
|
|
|
|
Creditors: Amounts falling due within one year |
6 |
– |
|
(
261,002) |
|
|
------ |
|
--------- |
|
|
Net current assets |
|
7,479 |
|
26,906 |
|
|
------ |
|
------- |
|
Total assets less current liabilities |
|
7,479 |
|
26,906 |
|
|
|
|
|
|
|
Creditors: Amounts falling due after more than one year |
7 |
|
– |
|
(
19,427) |
|
|
------ |
|
------- |
|
Net assets |
|
7,479 |
|
7,479 |
|
|
------ |
|
------- |
|
|
|
|
|
|
Capital and reserves
|
Called up share capital |
|
100 |
|
100 |
|
Profit and loss account |
|
7,379 |
|
7,379 |
|
|
------ |
|
------ |
|
Shareholders funds |
|
7,479 |
|
7,479 |
|
|
------ |
|
------ |
|
|
|
|
|
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 income statement has not been delivered.
The company did not trade during the year and has not made either a profit or loss.
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The directors acknowledge their 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
19 December 2025
, and are signed on behalf of the board by:
Company registration number:
06876914
|
Notes to the financial statements |
|
Year ended 31 May 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 K Blois Meadow Business Centre, Blois Road, Haverhill, Suffolk, CB9 7BN.
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 certain financial assets and liabilities and 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.
Going concern
The accounts have not been prepared on the going concern basis as the company ceased trading on 31 May 2024.
Income statement
The company is dormant as defined by section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current year.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
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.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
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 |
- |
25% reducing balance |
|
Fixtures and fittings |
- |
25% reducing balance |
|
Motor vehicles |
- |
25% reducing balance |
|
|
|
|
Finance leases and hire purchase contracts
Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4.
Employee numbers
The average number of employees during the year was
2
(2024:
12
).
5.
Debtors
|
2025 |
2024 |
|
£ |
£ |
|
Trade debtors |
– |
206,525 |
|
Other debtors |
7,479 |
43,513 |
|
------ |
--------- |
|
7,479 |
250,038 |
|
------ |
--------- |
|
|
|
6.
Creditors:
Amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
|
Trade creditors |
– |
97,935 |
|
Social security and other taxes |
– |
67,774 |
|
Other creditors |
– |
95,293 |
|
---- |
--------- |
|
– |
261,002 |
|
---- |
--------- |
|
|
|
Included within other creditors is an amount of £nil (2024: £11,012) which is secured by the company.
7.
Creditors:
Amounts falling due after more than one year
|
2025 |
2024 |
|
£ |
£ |
|
Other creditors |
– |
19,427 |
|
---- |
------- |
|
|
|
Included within other creditors is an amount of £nil (2024: £19,427) which is secured by the company.