Contents of the Financial Statements
for the Period Ended 31 October 2025
Balance sheet
As at
31 October 2025
|
Notes
|
2025
|
|
|
£
|
| Current assets |
| Debtors: |
|
21,738
|
| Cash at bank and in hand: |
|
4
|
| Total current assets: |
|
21,742
|
| Creditors: amounts falling due within one year: |
3 |
(21,739)
|
| Net current assets (liabilities): |
|
3
|
| Total assets less current liabilities: |
|
3
|
| Total net assets (liabilities): |
|
3
|
| Capital and reserves |
| Called up share capital: |
|
3
|
| Shareholders funds: |
|
3
|
The notes form part of these financial statements
Balance sheet statements
For the year ending 31 October 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit & loss account.
This report was approved by the board of directors on
11 May 2026
and signed on behalf of the board by:
Name:
Philippa Duckworth
Status: Director
The notes form part of these financial statements
Notes to the Financial Statements
for the Period Ended 31 October 2025
1. Accounting policies
These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102Turnover policy
Revenue comprises sales of goods or services provided to customers net of value added tax and other sales
taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised
when performance obligations are satisfied and the control of goods or services is transferred to the buyer.
Where the performance obligation is satisfied over time, revenue is recognised in accordance with its
progress towards complete satisfaction of that performance obligation.
When cash inflows are deferred and represent a financing arrangement, the promised consideration is
adjusted for the effects of the time value of money, which is recognised as interest income.
Revenue from contracts for the provision of professional services is recognised by reference to the stage of
completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The
stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff
rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue
is recognised only to the extent of the expenses recognised that are recoverable.Other accounting policies
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with
banks, other short-term liquid investments with original maturities of three months or less, and bank
overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12
‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to
the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net
basis or to realise the asset and settle the liability simultaneously.
Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs
are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are
received.
Termination benefits are recognised immediately as an expense when the company is demonstrably
committed to terminate the employment of an employee or to provide termination benefits.
Notes to the Financial Statements
for the Period Ended 31 October 2025
2. Employees
|
2025 |
| Average number of employees during the period |
3
|
Notes to the Financial Statements
for the Period Ended 31 October 2025
3. Creditors: amounts falling due within one year note
Creditors: amounts falling due within one year
2025
Trade creditors £21,078
Taxation and social security £110
Other creditors £551
Total - £21,739