COMPANY REGISTRATION NUMBER:
16347834
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Filleted Unaudited Financial Statements |
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Period from 27 March 2025 to 31 March 2026
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Statement of financial position |
1 |
|
|
|
Notes to the financial statements |
2 |
|
|
|
Statement of Financial Position |
|
31 March 2026
Fixed assets
Current assets
|
Debtors |
6 |
161 |
|
Cash at bank and in hand |
22,482 |
|
-------- |
|
22,643 |
|
|
|
|
Creditors: amounts falling due within one year |
7 |
23,309 |
|
-------- |
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Net current liabilities |
666 |
|
---- |
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Total assets less current liabilities |
2 |
|
---- |
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Net assets |
2 |
|
---- |
|
|
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Capital and reserves
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Called up share capital |
1 |
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Profit and loss account |
1 |
|
---- |
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Shareholders funds |
2 |
|
---- |
|
|
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 comprehensive income has not been delivered.
For the period ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the period 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
.
These financial statements were approved by the
board of directors
and authorised for issue on
18 May 2026
, and are signed on behalf of the board by:
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Dr E P Concannon |
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|
Director |
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|
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Company registration number:
16347834
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Notes to the Financial Statements |
|
Period from 27 March 2025 to 31 March 2026
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Camburgh House, 27 New Dover Road, Canterbury, Kent, CT1 3DN, United Kingdom.
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
These accounts have been prepared on a going concern basis. The directors are satisfied that the company will continue to meet its current obligations for at least the next 12 months.
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.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax. For the rendering of services, revenue is recognised when the services are transferred. When the outcome of a transaction can be estimated reliably, revenue is recognised based on the stage of completion of the transaction at the end of the reporting period. If the outcome of the transaction involving the rendering of services cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.
Income tax
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.
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.
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:
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Equipment |
- |
33% straight line |
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|
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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.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.
4.
Employee numbers
The average number of persons employed by the company during the period amounted to
1
.
5.
Tangible assets
|
Equipment |
|
£ |
|
Cost |
|
|
At 27 March 2025 |
– |
|
Additions |
1,002 |
|
------- |
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At 31 March 2026 |
1,002 |
|
------- |
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Depreciation |
|
|
At 27 March 2025 |
– |
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Charge for the period |
334 |
|
------- |
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At 31 March 2026 |
334 |
|
------- |
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Carrying amount |
|
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At 31 March 2026 |
668 |
|
------- |
|
|
6.
Debtors
|
31 Mar 26 |
|
£ |
|
Other debtors |
161 |
|
---- |
|
|
7.
Creditors:
amounts falling due within one year
|
31 Mar 26 |
|
£ |
|
Corporation tax |
16,261 |
|
Social security and other taxes |
4,548 |
|
Other creditors |
2,500 |
|
-------- |
|
23,309 |
|
-------- |
|
|
8.
Director's advances, credits and guarantees
At the balance sheet date, the director owed the company £161.