COMPANY REGISTRATION NUMBER:
13601755
|
Five One Two (Manchester) Limited |
|
|
Filleted Unaudited Financial Statements |
|
|
Five One Two (Manchester) Limited |
|
Year ended 31 August 2025
|
Chartered accountant's report to the director on the preparation of the unaudited statutory financial statements |
1 |
|
|
|
Statement of financial position |
2 |
|
|
|
Notes to the financial statements |
4 |
|
|
|
Five One Two (Manchester) Limited |
|
|
Chartered Accountant's Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of
Five One Two (Manchester) Limited |
|
Year ended 31 August 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Five One Two (Manchester) Limited for the year ended 31 August 2025, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the director of Five One Two (Manchester) Limited. Our work has been undertaken solely to prepare for your approval the financial statements of Five One Two (Manchester) Limited and state those matters that we have agreed to state to you in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Five One Two (Manchester) Limited and its director for our work or for this report.
It is your duty to ensure that Five One Two (Manchester) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Five One Two (Manchester) Limited. You consider that Five One Two (Manchester) Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Five One Two (Manchester) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
HEBBLETHWAITES
Chartered accountants
2 Westbrook Court
Sharrow Vale Road
Sheffield
S11 8YZ
29 May 2026
|
Five One Two (Manchester) Limited |
|
|
Statement of Financial Position (continued) |
|
31 August 2025
Capital and reserves
|
Called up share capital |
100 |
100 |
|
Profit and loss account |
(
21,728) |
(
57,960) |
|
-------- |
-------- |
|
Shareholders deficit |
(
21,628) |
(
57,860) |
|
-------- |
-------- |
|
|
|
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 August 2025 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 year in question in accordance with section 476
;
-
The director acknowledges her 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
29 May 2026
, and are signed on behalf of the board by:
|
Mrs E A Barber-Atkinson |
|
|
Director |
|
|
|
Company registration number:
13601755
|
Five One Two (Manchester) Limited |
|
|
Notes to the Financial Statements |
|
Year ended 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 Willow Lodge, Doncaster Road, Oldcotes, Worksop, S81 8HT, 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
The director acknowledges that, at the year-end date, there is a net current liabilities position. However, the director has the means to support the company should this be necessary, and the majority of creditors are owing to connected companies, with the same ultimate controlling party. Therefore, the director considers it to be appropriate to prepare the financial statements on a going concern basis.
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. In the opinion of management, there are no areas of judgement or key sources of estimation uncertainty that have a significant effect on the financial statements, other than those highlighted below.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
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:
|
Equipment |
- |
33% straight line |
|
|
|
|
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangement entered into. An equity instrument is any contract that evidence a residual interest in the assets of the entity after deducting all of its financial liabilities.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2024:
1
).
5.
Tangible assets
|
Equipment |
|
£ |
|
Cost |
|
|
At 1 September 2024 and 31 August 2025 |
1,277 |
|
------- |
|
Depreciation |
|
|
At 1 September 2024 |
745 |
|
Charge for the year |
426 |
|
------- |
|
At 31 August 2025 |
1,171 |
|
------- |
|
Carrying amount |
|
|
At 31 August 2025 |
106 |
|
------- |
|
At 31 August 2024 |
532 |
|
------- |
|
|
6.
Debtors
|
2025 |
2024 |
|
£ |
£ |
|
Trade debtors |
67,524 |
26,016 |
|
Other debtors |
258 |
2,261 |
|
-------- |
-------- |
|
67,782 |
28,277 |
|
-------- |
-------- |
|
|
|
7.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
|
Trade creditors |
55,939 |
15,614 |
|
Social security and other taxes |
2,937 |
5,754 |
|
Other creditors |
36,446 |
66,246 |
|
-------- |
-------- |
|
95,322 |
87,614 |
|
-------- |
-------- |
|
|
|
8.
Related party transactions
Included within creditors at the year end date are loan amounts owed to a related company, in the sum of £Nil (2024: £8,679). The companies are connected by virtue of a common director and a common shareholder. The loan is not subject to any formal repayment terms and neither is any interest chargeable. Included within creditors at the year end date are loan amounts owed to a related company, in the sum of £Nil (2024: £25,000). The companies are connected by virtue of a shareholder in common. The loan is not subject to any formal repayment terms and neither is any interest chargeable. Included within creditors at the year end date are loan amounts owed to a related company, in the sum of £25,000 (2024: £25,000). The companies are connected by virtue of being under common control. The loan is not subject to any formal repayment terms and neither is any interest chargeable. Included within creditors at the year end date are loan amounts owed to a related company, in the sum of £5,000 (2024: £Nil). The companies are connected by virtue of a shareholder in common. The loan is not subject to any formal repayment terms and neither is any interest chargeable.