COMPANY REGISTRATION NUMBER:
12113480
|
Filleted Unaudited Financial Statements |
|
|
Statement of Financial Position |
|
31 December 2025
Fixed assets
Current assets
|
Debtors |
6 |
767 |
|
1,072 |
|
Cash at bank and in hand |
35,859 |
|
32,070 |
|
-------- |
|
-------- |
|
36,626 |
|
33,142 |
|
|
|
|
|
|
Creditors: amounts falling due within one year |
7 |
17,429 |
|
16,950 |
|
-------- |
|
-------- |
|
Net current assets |
|
19,197 |
16,192 |
|
|
-------- |
-------- |
|
Total assets less current liabilities |
|
19,197 |
16,230 |
|
|
-------- |
-------- |
|
Net assets |
|
19,197 |
16,230 |
|
|
-------- |
-------- |
|
|
|
|
|
Capital and reserves
|
Called up share capital |
|
100 |
100 |
|
Profit and loss account |
|
19,097 |
16,130 |
|
|
-------- |
-------- |
|
Shareholders funds |
|
19,197 |
16,230 |
|
|
-------- |
-------- |
|
|
|
|
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 income and retained earnings has not been delivered.
For the year ending 31 December 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
.
|
Statement of Financial Position (continued) |
|
31 December 2025
These financial statements were approved by the
board of directors
and authorised for issue on
7 July 2026
, and are signed on behalf of the board by:
|
Mr Mohamed Barrie |
|
|
Director |
|
|
|
Company registration number:
12113480
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Notes to the Financial Statements |
|
Year ended 31 December 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 6 Bruce Grove, London, N17 6RA.
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. 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 significant judgements (apart from those involving estimates)that management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements. Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There are no key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities.
Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered.
Taxation
The taxation expense represents the aggregate amount of current 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.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors. Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an 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.
Debtors
Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.
Cash and cash equivalents
Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Creditors
Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment
4.
Employee numbers
The average number of persons employed by the company during the year amounted to Nil
(2024:
1
).
5.
Tangible assets
|
Equipment |
|
£ |
|
Cost |
|
|
At 1 January 2025 and 31 December 2025 |
|
|
---- |
|
Depreciation |
|
|
At 1 January 2025 |
|
|
Charge for the year |
|
|
---- |
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At 31 December 2025 |
|
|
---- |
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Carrying amount |
|
|
At 31 December 2025 |
– |
|
---- |
|
At 31 December 2024 |
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|
---- |
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6.
Debtors
|
2025 |
2024 |
|
£ |
£ |
|
Other debtors |
767 |
1,072 |
|
---- |
------- |
|
|
|
7.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
|
Trade creditors |
14,999 |
– |
|
Accruals and deferred income |
1,320 |
15,600 |
|
Corporation tax |
705 |
1,042 |
|
Social security and other taxes |
287 |
287 |
|
Other creditors |
118 |
21 |
|
-------- |
-------- |
|
17,429 |
16,950 |
|
-------- |
-------- |
|
|
|
8.
Related party transactions
Included in creditors due within one year, is a balance of £Nil (2024-£Nil) owed to the director. No interest is charged in respect of this balance.