COMPANY REGISTRATION NUMBER:
11457430
|
Filleted Unaudited Financial Statements |
|
|
Statement of Financial Position |
|
31 July 2025
Fixed assets
|
Tangible assets |
5 |
572 |
1,050 |
|
|
|
|
Current assets
|
Debtors |
6 |
3,705 |
5,793 |
|
Cash at bank and in hand |
5,962 |
1,780 |
|
------- |
------- |
|
9,667 |
7,573 |
|
|
|
|
|
Creditors: amounts falling due within one year |
7 |
9,892 |
8,274 |
|
------- |
------- |
|
Net current liabilities |
225 |
701 |
|
---- |
------- |
|
Total assets less current liabilities |
347 |
349 |
|
---- |
---- |
|
Net assets |
347 |
349 |
|
---- |
---- |
|
|
|
|
Capital and reserves
|
Called up share capital |
100 |
100 |
|
Profit and loss account |
247 |
249 |
|
---- |
---- |
|
Shareholders funds |
347 |
349 |
|
---- |
---- |
|
|
|
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 31 July 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 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
.
|
Statement of Financial Position (continued) |
|
31 July 2025
These financial statements were approved by the
board of directors
and authorised for issue on
8 January 2026
, and are signed on behalf of the board by:
Company registration number:
11457430
|
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 20 Lansdowne Avenue, Codsall, Wolverhampton, WV8 2EN.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Office equipment - 20% straight line
Fixtures & fittings - 20% straight line
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2024:
1
).
5.
Tangible assets
|
Plant and machinery |
Fixtures and fittings |
Total |
|
£ |
£ |
£ |
|
Cost |
|
|
|
|
At 1 August 2024 and 31 July 2025 |
2,310 |
777 |
3,087 |
|
------- |
---- |
------- |
|
Depreciation |
|
|
|
|
At 1 August 2024 |
1,635 |
402 |
2,037 |
|
Charge for the year |
322 |
156 |
478 |
|
------- |
---- |
------- |
|
At 31 July 2025 |
1,957 |
558 |
2,515 |
|
------- |
---- |
------- |
|
Carrying amount |
|
|
|
|
At 31 July 2025 |
353 |
219 |
572 |
|
------- |
---- |
------- |
|
At 31 July 2024 |
675 |
375 |
1,050 |
|
------- |
---- |
------- |
|
|
|
|
6.
Debtors
|
2025 |
2024 |
|
£ |
£ |
|
Other debtors |
3,705 |
5,793 |
|
------- |
------- |
|
|
|
7.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
|
Corporation tax |
8,252 |
6,506 |
|
Social security and other taxes |
94 |
– |
|
Other creditors |
1,546 |
1,768 |
|
------- |
------- |
|
9,892 |
8,274 |
|
------- |
------- |
|
|
|