COMPANY REGISTRATION NUMBER:
08173456
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Junction 42 Social Enterprises Limited |
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Filleted Unaudited Financial Statements |
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Junction 42 Social Enterprises Limited |
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Year Ended 31 August 2025
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Chartered Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements |
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Statement of Financial Position |
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Notes to the Financial Statements |
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Junction 42 Social Enterprises Limited |
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Chartered Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of
Junction 42 Social Enterprises Limited |
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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 Junction 42 Social Enterprises 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 Junction 42 Social Enterprises Limited in accordance with the terms of our engagement letter dated 14 July 2026. Our work has been undertaken solely to prepare for your approval the financial statements of Junction 42 Social Enterprises 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 Junction 42 Social Enterprises Limited and its director for our work or for this report.
It is your duty to ensure that Junction 42 Social Enterprises 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 Junction 42 Social Enterprises Limited. You consider that Junction 42 Social Enterprises 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 Junction 42 Social Enterprises 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.
WYATT & CO
Chartered Accountants
125 Main Street
Garforth
Leeds
LS25 1AF
31 July 2026
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Junction 42 Social Enterprises Limited |
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Statement of Financial Position |
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31 August 2025
Current Assets
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Debtors |
4 |
1 |
1 |
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Net Current Assets |
1 |
1 |
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Total Assets Less Current Liabilities |
1 |
1 |
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Capital and Reserves
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Called up share capital |
1 |
1 |
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Shareholders Funds |
1 |
1 |
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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.
The company did not trade during the current year or prior year and has not made either a profit or loss.
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
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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
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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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:
08173456
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Junction 42 Social Enterprises Limited |
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Notes to the Financial Statements |
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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 Brunswick Methodist Church, Brunswick Place, Newcastle upon Tyne, England.
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.
Income Statement
The company is dormant as defined by section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current year or prior year and therefore no income statement is presented within these financial statements. There have been no movements in shareholders funds during the current year or prior year.
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.
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Debtors
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2025 |
2024 |
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£ |
£ |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
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1 |
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5.
Controlling Party
The company is a wholly owned subsidiary of The Junction 42 Foundation, a charitable company incorporated in England and Wales. The Junction 42 Foundation is the company’s immediate and ultimate parent undertaking and controlling party.