COMPANY REGISTRATION NUMBER:
15278403
|
Filleted Unaudited Financial Statements |
|
30 November 2025
Current assets
|
Debtors |
4 |
30,191 |
– |
|
Cash at bank and in hand |
14,249 |
32,755 |
|
-------- |
-------- |
|
44,440 |
32,755 |
|
|
|
|
|
Creditors: amounts falling due within one year |
5 |
44,108 |
31,728 |
|
-------- |
-------- |
|
Net current assets |
332 |
1,027 |
|
---- |
------- |
|
Total assets less current liabilities |
332 |
1,027 |
|
---- |
------- |
|
Net assets |
332 |
1,027 |
|
---- |
------- |
|
|
|
|
Capital and reserves
|
Called up share capital |
300 |
300 |
|
Profit and loss account |
32 |
727 |
|
---- |
------- |
|
Shareholders funds |
332 |
1,027 |
|
---- |
------- |
|
|
|
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 (including profit and loss account) has not been delivered.
For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' 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 directors acknowledge their 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
10 August 2026
, and are signed on behalf of the board by:
Company registration number:
15278403
|
Notes to the Financial Statements |
|
Year ended 30 November 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 72 Newstead Avenue, Orpington, BR6 9RN.
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.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. There are no material judgements, estimates or assumptions,
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
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.
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. 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. 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.
Debtors
|
2025 |
2024 |
|
£ |
£ |
|
Other debtors |
30,191 |
– |
|
-------- |
---- |
|
|
|
5.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
1,818 |
– |
|
Corporation tax |
35,835 |
27,583 |
|
Social security and other taxes |
5,655 |
– |
|
Other creditors |
800 |
4,145 |
|
-------- |
-------- |
|
44,108 |
31,728 |
|
-------- |
-------- |
|
|
|
6.
Directors' advances, credits and guarantees
During the period the loan from the directors was repaid and the company advanced a loan to the directors and as at 30 November 2025, £30,191 was owed by (2024 £2,645 owed to), and will be repaid before 31 August 2026.
7.
Related party transactions
As at 30 November 2025, £1,818 was owed to True North Consulting Group Ltd, and company under common control, and will be repaid before 30 November 2026