COMPANY REGISTRATION NUMBER:
09632434
|
Filleted Unaudited Abridged Financial Statements |
|
|
Abridged Statement of Financial Position |
|
30 June 2025
Current assets
|
Stocks |
9,100 |
12,701 |
|
Debtors |
10,520 |
10,288 |
|
Cash at bank and in hand |
24,850 |
15,902 |
|
------- |
------- |
|
44,470 |
38,891 |
|
|
|
|
Creditors: amounts falling due within one year |
55,543 |
57,498 |
|
------- |
------- |
|
Net current liabilities |
11,073 |
18,607 |
|
------- |
------- |
|
Total assets less current liabilities |
(
11,073) |
(
18,607) |
|
------- |
------- |
|
Net liabilities |
(
11,073) |
(
18,607) |
|
------- |
------- |
|
|
|
Capital and reserves
|
Called up share capital |
6 |
2 |
2 |
|
Profit and loss account |
(
11,075) |
(
18,609) |
|
------- |
------- |
|
Shareholders deficit |
(
11,073) |
(
18,607) |
|
------- |
------- |
|
|
|
|
These abridged 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 abridged statement of income and retained earnings has not been delivered.
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its abridged 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 abridged financial statements
.
All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 30 June 2025 in accordance with Section 444(2A) of the Companies Act 2006.
|
Abridged Statement of Financial Position (continued) |
|
30 June 2025
These abridged financial statements were approved by the
board of directors
and authorised for issue on
20 March 2026
, and are signed on behalf of the board by:
|
Mr D L A Fallaize |
|
Director |
|
Company registration number:
09632434
|
Notes to the Abridged Financial Statements |
|
Year ended 30 June 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 Omega Court, 364-366 Cemetery Road, Sheffield, S11 8FT, England.
2.
Statement of compliance
These abridged 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 abridged 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 abridged financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received and represents amounts receivable for goods supplied, stated net of Value Added Tax. It is recognised at the point of sale.
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. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
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 |
- |
20% straight line |
|
Equipment |
- |
33% straight line |
|
|
|
|
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. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
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.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
12
(2024:
13
).
5.
Tangible assets
|
£ |
|
Cost |
|
|
At 1 July 2024 and 30 June 2025 |
39,977 |
|
------- |
|
Depreciation |
|
|
At 1 July 2024 and 30 June 2025 |
39,977 |
|
------- |
|
Carrying amount |
|
|
At 30 June 2025 |
– |
|
------- |
|
At 30 June 2024 |
– |
|
------- |
|
|
6.
Called up share capital
Issued, called up and fully paid
|
2025 |
2024 |
|
No. |
£ |
No. |
£ |
|
Ordinary shares of £ 1 each |
2 |
2 |
2 |
2 |
|
---- |
---- |
---- |
---- |
|
|
|
|
|
7.
Directors' advances, credits and guarantees
Included within other creditors is £25,332 (2024 - £25,748) owed to the directors of the company.
8.
Controlling party
The controlling party is the directors.