COMPANY REGISTRATION NUMBER:
07671671
|
Filleted Unaudited Abridged Financial Statements |
|
Year ended 30 June 2025
The directors present their report and the unaudited abridged financial statements of the company for the year ended
30 June 2025
.
Directors
The directors who served the company during the year were as follows:
|
Mr M J Haynes |
|
|
Mr R Robinson |
|
|
|
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
15 May 2026
and signed on behalf of the board by:
|
M Haynes |
|
Company Secretary |
|
|
Registered office: |
|
20 The Glade |
|
Wolverhampton |
|
England |
|
WV8 1UU |
|
|
Abridged Statement of Financial Position |
|
30 June 2025
Current assets
|
Debtors |
105 |
|
4,454 |
|
Cash at bank and in hand |
– |
|
553 |
|
---- |
|
------- |
|
105 |
|
5,007 |
|
|
|
|
|
Creditors: amounts falling due within one year |
2,431 |
|
5,710 |
|
------- |
|
------- |
|
Net current liabilities |
|
2,326 |
703 |
|
|
------- |
---- |
|
Total assets less current liabilities |
|
(
2,326) |
(
703) |
|
|
------- |
---- |
|
Net liabilities |
|
(
2,326) |
(
703) |
|
|
------- |
---- |
|
|
|
|
Capital and reserves
|
Called up share capital |
|
100 |
100 |
|
Profit and loss account |
|
(
2,426) |
(
803) |
|
|
------- |
---- |
|
Shareholders deficit |
|
(
2,326) |
(
703) |
|
|
------- |
---- |
|
|
|
|
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
15 May 2026
, and are signed on behalf of the board by:
Company registration number:
07671671
|
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 20 The Glade, Wolverhampton, WV8 1UU, 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 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.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2024:
2
).
5.
Directors' advances, credits and guarantees
During the year, the company made interest-free advances to a director amounting to £Nil (2024: £Nil). These were repayable on demand. The company received repayments of £297 (2024: £2,053).
6.
Related party transactions
At 30 June 2025 the company had outstanding loans due to the directors of £612 (2024: £nil) included within other creditors. At 30 June 2024 the company had outstanding loans due from a director of £297 included within other debtors. All related party loans are interest-free and repayable on demand.