COMPANY REGISTRATION NUMBER:
15920835
|
Unaudited financial statements |
|
|
Statement of financial position |
|
31 August 2025
Fixed assets
Current assets
|
Debtors |
6 |
877 |
|
|
Cash at bank and in hand |
9,991 |
|
|
------- |
|
|
10,868 |
|
|
|
|
|
|
Creditors: Amounts falling due within one year |
7 |
(
19,574) |
|
|
------- |
|
|
Net current liabilities |
|
(
8,706) |
|
|
------ |
|
Total assets less current liabilities |
|
(
7,519) |
|
|
------ |
|
Net liabilities |
|
(
7,519) |
|
|
------ |
|
|
|
|
Capital and reserves
|
Called up share capital |
|
(
100) |
|
Profit and loss account |
|
(
7,419) |
|
|
------ |
|
Shareholders deficit |
|
(
7,519) |
|
|
------ |
|
|
|
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 period ending 31 August 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 period 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
15 May 2026
, and are signed on behalf of the board by:
Company registration number:
15920835
|
Notes to the financial statements |
|
Period from 28 August 2024 to 31 August 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 Sixty Six, North Quay, Great Yarmouth, Norfolk, NR30 1HE, 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.
Going concern
Despite the loss made and net current liability position, the directors consider the company to be a going concern and have therefore prepared these financial statements on the going concern basis. This assessment is made to reflect the ongoing support from the directors.
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. The director does not consider there to be any significant judgements.
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.
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:
|
Plant and machinery |
- |
25% straight line |
|
|
|
|
Financial instruments
4.
Employee numbers
The average number of employees during the period was
2
.
5.
Tangible assets
|
Plant and machinery |
|
£ |
|
Cost |
|
|
At 28 August 2024 |
– |
|
Additions |
1,411 |
|
------ |
|
At 31 August 2025 |
1,411 |
|
------ |
|
Depreciation |
|
|
At 28 August 2024 |
– |
|
Charge for the period |
224 |
|
------ |
|
At 31 August 2025 |
224 |
|
------ |
|
Carrying amount |
|
|
At 31 August 2025 |
1,187 |
|
------ |
|
|
6.
Debtors
|
31 Aug 25 |
|
£ |
|
Trade debtors |
877 |
|
---- |
|
|
7.
Creditors:
Amounts falling due within one year
|
31 Aug 25 |
|
£ |
|
Trade creditors |
3,155 |
|
Amounts owed to group undertakings |
205 |
|
Accruals and deferred income |
1,250 |
|
Social security and other taxes |
1,464 |
|
Director loan accounts |
13,500 |
|
------- |
|
19,574 |
|
------- |
|
|