COMPANY REGISTRATION NUMBER:
16188061
|
Filleted Unaudited Financial Statements |
|
Period from 16 January 2025 to 31 January 2026
|
Statement of financial position |
1 |
|
|
|
Notes to the financial statements |
2 to 5 |
|
|
|
Statement of Financial Position |
|
31 January 2026
Fixed assets
Current assets
|
Stocks |
2,500 |
|
Debtors |
7 |
7,333 |
|
Cash at bank and in hand |
25,346 |
|
-------- |
|
35,179 |
|
|
|
|
Creditors: amounts falling due within one year |
8 |
(
32,227) |
|
-------- |
|
Net current assets |
2,952 |
|
-------- |
|
Total assets less current liabilities |
24,498 |
|
-------- |
|
|
|
Capital and reserves
|
Called up share capital |
9 |
1 |
|
Profit and loss account |
24,497 |
|
-------- |
|
Shareholders funds |
24,498 |
|
-------- |
|
|
|
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 January 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
23 June 2026
, and are signed on behalf of the board by:
Company registration number:
16188061
|
Notes to the Financial Statements |
|
Period from 16 January 2025 to 31 January 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 Hamilton House, Hamilton Terrace, Milford Haven, Pembrokeshire, SA73 3JP, United Kingdom.
2.
Statement of compliance
These financial statements have been prepared in accordance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the Companies Act 2006.
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 directors have a reasonable expectation that the company has adequate resources to continue operational existence for the foreseeable future. For this reason, the directors continue to adopt the going concern basis of accounting in preparing the annual financial statements.
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.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. 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. 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% reducing balance |
|
Equipment |
- |
|
|
|
|
|
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. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
4.
Employee numbers
The average number of persons employed by the company during the period amounted to
3
.
5.
Tax on profit
Major components of tax expense
|
Period from |
|
16 Jan 25 to |
|
31 Jan 26 |
|
£ |
|
|
Current tax:
|
UK current tax expense |
8,204 |
|
------- |
|
Tax on profit |
8,204 |
|
------- |
|
|
6.
Tangible assets
|
Plant and machinery |
Equipment |
Total |
|
£ |
£ |
£ |
|
Cost |
|
|
|
|
At 16 January 2025 |
– |
– |
– |
|
Additions |
27,600 |
|
28,728 |
|
-------- |
------- |
-------- |
|
At 31 January 2026 |
27,600 |
|
28,728 |
|
-------- |
------- |
-------- |
|
Depreciation |
|
|
|
|
At 16 January 2025 |
– |
– |
– |
|
Charge for the period |
6,900 |
|
7,182 |
|
-------- |
------- |
-------- |
|
At 31 January 2026 |
6,900 |
|
7,182 |
|
-------- |
------- |
-------- |
|
Carrying amount |
|
|
|
|
At 31 January 2026 |
20,700 |
|
21,546 |
|
-------- |
------- |
-------- |
|
|
|
|
7.
Debtors
|
31 Jan 26 |
|
£ |
|
Other debtors |
7,333 |
|
------- |
|
|
Other debtors include an amount of £nil falling due after more than one year.
8.
Creditors:
amounts falling due within one year
|
31 Jan 26 |
|
£ |
|
Corporation tax |
8,204 |
|
Social security and other taxes |
8,916 |
|
Other creditors |
15,107 |
|
-------- |
|
32,227 |
|
-------- |
|
|
9.
Called up share capital
Issued, called up and fully paid
|
31 Jan 26 |
|
No. |
£ |
|
Ordinary shares of £ 1 each |
1 |
1 |
|
---- |
---- |
|
|
|
Share movements
Ordinary
|
At 16 January 2025 |
– |
– |
|
Issue of shares |
1 |
1 |
|
---- |
---- |
|
At 31 January 2026 |
|
1 |
|
---- |
---- |
|
|
|
10.
Related party transactions
The company was under the control of
Mr P N Booth
the majority shareholder. No transactions with related parties were undertaken such as are required to be disclosed under FRS 102.