COMPANY REGISTRATION NUMBER:
12061674
|
Filleted Unaudited Financial Statements |
|
31 July 2025
Current assets
|
Debtors |
6 |
– |
156 |
|
Cash at bank and in hand |
24 |
26 |
|
---- |
---- |
|
24 |
182 |
|
|
|
|
|
Creditors: amounts falling due within one year |
7 |
3,698 |
2,941 |
|
------- |
------- |
|
Net current liabilities |
3,674 |
2,759 |
|
------- |
------- |
|
Total assets less current liabilities |
(
3,674) |
(
2,759) |
|
------- |
------- |
|
|
|
|
Capital and reserves
|
Called up share capital |
10 |
10 |
|
Profit and loss account |
(
3,684) |
(
2,769) |
|
------- |
------- |
|
Shareholder deficit |
(
3,674) |
(
2,759) |
|
------- |
------- |
|
|
|
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 profit and loss account has not been delivered.
For the year ending 31 July 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
|
Balance Sheet (continued) |
|
31 July 2025
These financial statements were approved by the
board of directors
and authorised for issue on
31 March 2026
, and are signed on behalf of the board by:
Company registration number:
12061674
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. And the option not to file the Profit and Loss Account has been taken.
|
Notes to the Financial Statements |
|
Year ended 31 July 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 Skyview House, 10 St Neots Road, Sandy, Bedfordshire, SG19 1LB, England.
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.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102 and as such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) Disclosures in respect of each class of share capital have not been presented. (b) No cash flow statement has been presented for the company. (c) Disclosures in respect of financial instruments have not been presented. (d) Disclosures in respect of share-based payments have not been presented. (e) No disclosure has been given for the aggregate remuneration of key management personnel.
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. During the period in questions, apart from those involving estimations, the management has made no judgements or uncertain policy, within the process of applying the entity's accounting policies.
Taxation
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. 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.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. During the period in review, no assets were revalued, meaning no change in the carrying amount of an asset.
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:
|
Equipment |
- |
33% straight line |
|
|
|
|
4.
Employee numbers
The average number of persons employed by the company during the year amounted to Nil
(2024:
1
).
5.
Tangible assets
|
Equipment |
Total |
|
£ |
£ |
|
Cost |
|
|
|
At 1 August 2024 and 31 July 2025 |
2,948 |
2,948 |
|
------- |
------- |
|
Depreciation |
|
|
|
At 1 August 2024 and 31 July 2025 |
2,948 |
2,948 |
|
------- |
------- |
|
Carrying amount |
|
|
|
At 31 July 2025 |
– |
– |
|
------- |
------- |
|
At 31 July 2024 |
– |
– |
|
------- |
------- |
|
|
|
6.
Debtors
|
2025 |
2024 |
|
£ |
£ |
|
Other debtors |
– |
156 |
|
---- |
---- |
|
|
|
7.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
|
Trade creditors |
180 |
343 |
|
Other creditors |
3,518 |
2,598 |
|
------- |
------- |
|
3,698 |
2,941 |
|
------- |
------- |
|
|
|
8.
Director's advances, credits and guarantees
Amounts of £0 (2024: £150) were advanced interest free, and repayable on demand, by the director during the year. At the year end, £3,528 (2024: £2,598) was owed to the directors by the company. Going concern; Although the company is making a loss, the director/s have confirmed they will support the company for the next 12 months to ensure it is able to meet it's debts.