| Director |
| Registered office | |
| Registered number | 14399880 |
| Accountant | Ten Forward Accounting Ltd |
| Chartered Certified Accountants | |
| Suite 2A, 7th Floor | |
| City Reach, 5 Greenwich View Place | |
| London | |
| E14 9NN |
| Notes |
|
| |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|
|
|
| ||||||||
| |||||||||||
|
4 | ||||||||||
| |||||||||||
|
5 | ||||||||||
|
|||||||||||
| |||||||||||
|
6 |
|
|
||||||||
|
|
||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
| |||||||||||
|
|||||||||||
|
|||||||||||
|
The financial statements were approved and authorised for issue by the Board of Directors on
Mr Robin Fay
Director |
Company registration number 14399880
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
The financial statements are presented in sterling and this is the functional currency of the company.
The financial statements have been prepared in accordance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
The financial statements have been prepared under the historical cost convention in accordance with the Companies Act 2006.
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
|
| ||||
|---|---|---|---|---|---|
| |||||
|
|||||
|
A financial asset or a financial liability is recognised only when the company 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.
|
|
| |||||
|---|---|---|---|---|---|---|---|
|
|
| |||||
|
|||||||
|
| ||||||
|
| ||||||
|
| ||||||
|
|||||||
|
| ||||||
|
| ||||||
|
| ||||||
|
|||||||
|
|||||||
|
|
| ||||
|---|---|---|---|---|---|
|
| ||||
|
|||||
|
|||||
|
|||||
|
|||||
|
|||||
|
|
| ||||
|---|---|---|---|---|---|
|
| ||||
|
|||||
|
|||||
|
|||||
|
|||||
|
Puyricard Limited
During the year the company advanced loans totalling £30,637 (2024: £nil) to Puyricard Limited, a company in which Mr Robin Fay, a director and shareholder of the company, is also a director and shareholder. The loan is unsecured, interest-free and repayable on demand. At 31 October 2025, the amount outstanding was £30,637 (2024: £nil) and is included within other debtors. No amounts were repaid or written off during the year.