COMPANY REGISTRATION NUMBER:
09804831
|
Unaudited Financial Statements |
|
Year ended 31 October 2025
|
Statement of income and retained earnings |
2 |
|
|
|
Statement of financial position |
3 |
|
|
|
Notes to the financial statements |
4 |
|
|
Year ended 31 October 2025
The director presents his report and the unaudited financial statements of the company for the year ended
31 October 2025
.
Director
The director who served the company during the year was as follows:
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
31 July 2026
and signed on behalf of the board by:
|
Miss Lapierre |
Corinne Lapierre |
|
Director |
Company Secretary |
|
|
|
Registered office: |
|
Mabgate Mills |
|
Mill 3 |
|
Macaulay Street |
|
Leeds |
|
West Yorkshire |
|
United Kingdom |
|
LS9 7DZ |
|
|
Statement of Income and Retained Earnings |
|
Year ended 31 October 2025
|
2025 |
|
Note |
£ |
|
Turnover |
619,657 |
|
|
|
Cost of sales |
172,505 |
|
--------- |
|
Gross profit |
447,152 |
|
|
|
Distribution costs |
21,242 |
|
Administrative expenses |
319,767 |
|
--------- |
|
Operating profit |
106,143 |
|
|
|
Interest payable and similar expenses |
5 |
2 |
|
--------- |
|
Profit before taxation |
106,141 |
|
|
|
|
Tax on profit |
20,166 |
|
--------- |
|
Profit for the financial year and total comprehensive income |
85,975 |
|
--------- |
|
|
|
Retained earnings at the start of the year |
– |
|
-------- |
|
Retained earnings at the end of the year |
85,975 |
|
-------- |
|
|
All the activities of the company are from continuing operations.
|
Statement of Financial Position |
|
31 October 2025
Current assets
|
Debtors |
6 |
70,632 |
|
|
Cash at bank and in hand |
24,690 |
|
|
-------- |
|
|
95,322 |
|
|
|
|
|
|
Creditors: amounts falling due within one year |
7 |
9,347 |
|
|
-------- |
|
|
Net current assets |
|
85,975 |
|
|
-------- |
|
Total assets less current liabilities |
|
85,975 |
|
|
-------- |
|
Net assets |
|
85,975 |
|
|
-------- |
|
|
|
|
Capital and reserves
|
Profit and loss account |
|
85,975 |
|
|
-------- |
|
Shareholders funds |
|
85,975 |
|
|
-------- |
|
|
|
These financial statements have been prepared 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'.
For the year ending 31 October 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 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
31 July 2026
, and are signed on behalf of the board by:
Company registration number:
09804831
|
Notes to the Financial Statements |
|
Year ended 31 October 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 Mabgate Mills, Mill 3, Macaulay Street, Leeds, West Yorkshire, LS9 7DZ, 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.
Transition to FRS 102
The entity transitioned from previous UK GAAP to FRS 102 as at 1 November 2023. Details of how FRS 102 has affected the reported financial position and financial performance is given in note 8.
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.
Income tax
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.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Financial instruments
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. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
6
.
5.
Interest payable and similar expenses
|
2025 |
|
£ |
|
Interest on banks loans and overdrafts |
2 |
|
---- |
|
|
6.
Debtors
|
2025 |
|
£ |
|
Other debtors |
70,632 |
|
-------- |
|
|
7.
Creditors:
amounts falling due within one year
|
2025 |
|
£ |
|
Other creditors |
9,347 |
|
------- |
|
|
8.
Transition to FRS 102
These are the first financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1 November 2023.
No transitional adjustments were required in equity or profit or loss for the year.