COMPANY REGISTRATION NUMBER:
04206635
|
Filleted Unaudited Abridged Financial Statements |
|
|
Abridged Statement of Financial Position |
|
31 August 2025
Current assets
|
Cash at bank and in hand |
187,383 |
|
187,383 |
|
|
|
|
|
Creditors: amounts falling due within one year |
901,252 |
|
901,252 |
|
--------- |
|
--------- |
|
Net current liabilities |
|
713,869 |
713,869 |
|
|
--------- |
--------- |
|
Total assets less current liabilities |
|
(
713,869) |
(
713,869) |
|
|
|
|
|
Creditors: amounts falling due after more than one year |
|
18,000 |
18,000 |
|
|
--------- |
--------- |
|
Net liabilities |
|
(
731,869) |
(
731,869) |
|
|
--------- |
--------- |
|
|
|
|
Capital and reserves
|
Called up share capital |
|
100 |
100 |
|
Profit and loss account |
|
(
731,969) |
(
731,969) |
|
|
--------- |
--------- |
|
Shareholder deficit |
|
(
731,869) |
(
731,869) |
|
|
--------- |
--------- |
|
|
|
|
These abridged 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 abridged statement of income and retained earnings has not been delivered.
For the year ending 31 August 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 member has not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
-
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 31 August 2025 in accordance with Section 444(2A) of the Companies Act 2006.
|
Abridged Statement of Financial Position (continued) |
|
31 August 2025
These abridged financial statements were approved by the
board of directors
and authorised for issue on
24 August 2026
, and are signed on behalf of the board by:
Company registration number:
04206635
|
Notes to the Abridged Financial Statements |
|
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 Arkle House, 31 Lonsdale Street, Carlisle, Carlisle, CA1 1BJ.
2.
Statement of compliance
These abridged 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 abridged 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 abridged 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 the use of estimates and assumptions that affect the application of policies and reported amounts of assets and liabilities, income and expenses. Any estimate that has a degree of uncertainty or where judgement has been exercised in a particular area is expressly disclosed within the relevant accounting policy.
Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.
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:
|
Freehold Property |
- |
2% reducing balance |
|
Fixtures and Fittings |
- |
15% reducing balance |
|
Office Equipment |
- |
20% reducing balance |
|
|
|
|
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to Nil
(2024:
1
).