COMPANY REGISTRATION NUMBER:
07681677
|
Filleted Unaudited Financial Statements |
|
|
Statement of Financial Position |
|
26 August 2026
|
26 Aug 26 |
30 Sep 25 |
|
Note |
£ |
£ |
£ |
|
|
|
|
Fixed assets
Current assets
|
Debtors |
6 |
36,315 |
|
9,886 |
|
Cash at bank and in hand |
7,033,450 |
|
7,188,792 |
|
----------- |
|
----------- |
|
7,069,765 |
|
7,198,678 |
|
|
|
|
|
|
Creditors: amounts falling due within one year |
7 |
727 |
|
173,504 |
|
----------- |
|
----------- |
|
Net current assets |
|
7,069,038 |
7,025,174 |
|
|
----------- |
----------- |
|
Total assets less current liabilities |
|
7,069,040 |
7,025,176 |
|
|
----------- |
----------- |
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|
|
|
|
Capital and reserves
|
Called up share capital |
8 |
|
20 |
20 |
|
Profit and loss account |
|
7,069,020 |
7,025,156 |
|
|
----------- |
----------- |
|
Shareholders funds |
|
7,069,040 |
7,025,176 |
|
|
----------- |
----------- |
|
|
|
|
|
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 period ending 26 August 2026 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 period 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
27 August 2026
, and are signed on behalf of the board by:
Company registration number:
07681677
|
Notes to the Financial Statements |
|
Period from 1 October 2025 to 26 August 2026
1.
General information
The company is a private company limited by shares, registered and trading in England and Wales, with company number
07681677
. The address of the registered office is Grosvenor House, 11 St. Pauls Square, Birmingham, B3 1RB.
2.
Statement of compliance
The financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 Section 1A smaller entities 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' ('FRS 102') and Companies Act 2006.
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 company and rounded to the nearest £.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Judgements in applying accounting policies and key sources of estimation in uncertainty
In preparing these financial statements the directors have had to make judgements, estimates and assumptions that affect the application of policies and reported amounts of assets, liabilities, income and expenses. Estimates and associated assumptions are based on historic experience and various other factors including expectations of future events that are believed to be reasonable under the circumstances, however actual results may differ from these estimates. For this reporting date there are no significant judgements, estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities.
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.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Financial instruments
The company only has basic financial instruments. - Financial assets Financial assets comprise items such as cash at bank and in hand and trade and other debtors. These are initially recorded at cost on the date they originate, the company considers evidence of impairment for all individual elements comprising financial assets and any subsequent impairment is recognised in profit and loss. - Financial liabilities Financial liabilities comprise items such as corporation and other taxes, bank and other loans, accruals and trade and other creditors. These are initially recorded at cost on the date they originate, net of transaction costs where applicable, the company considers evidence of impairment for all individual elements comprising financial liabilities and any subsequent impairment is recognised in profit and loss.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4.
Employee numbers
The average number of persons employed by the company during the period amounted to
2
(2025: Nil).
5.
Investments
|
Shares in group undertakings |
|
£ |
|
Cost |
|
|
At 1 October 2025 and 26 August 2026 |
2 |
|
---- |
|
Impairment |
|
|
At 1 October 2025 and 26 August 2026 |
– |
|
---- |
|
|
|
Carrying amount |
|
|
At 26 August 2026 |
2 |
|
---- |
|
At 30 September 2025 |
2 |
|
---- |
|
|
6.
Debtors
|
26 Aug 26 |
30 Sep 25 |
|
£ |
£ |
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
36,315 |
9,886 |
|
------- |
------ |
|
|
|
7.
Creditors:
amounts falling due within one year
|
26 Aug 26 |
30 Sep 25 |
|
£ |
£ |
|
Social security and other taxes |
727 |
116,794 |
|
Other creditors |
– |
56,710 |
|
---- |
-------- |
|
727 |
173,504 |
|
---- |
-------- |
|
|
|
8.
Called up share capital
Issued, called up and fully paid
|
26 Aug 26 |
30 Sep 25 |
|
No. |
£ |
No. |
£ |
|
Ordinary shares of £ 1 each |
20 |
20 |
20 |
20 |
|
---- |
---- |
---- |
---- |
|
|
|
|
|
9.
Directors' advances, credits and guarantees
At the reporting date the directors loan account was £Nil (2025: £54,880). There is no fixed term for repayment and no interest is charged.