Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet

As at 31 March 2025

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 March 2025

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Other accounting policies

  1. Financial Instruments The Company's financial assets comprise basic financial assets: investments in unquoted shares, trade and other receivables, and cash and bank balances. Investments in unlisted shares are recognised at cost and are reviewed annually for impairment, or more frequently where indicators of impairment occur. Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Trade and other receivables are measured at transaction price less any impairment, with any impairment loss recognised in the statement of comprehensive income; the impairment loss is measured as the difference between an asset's carrying amount and the best estimate of the amount the Company would receive for the asset if sold at the reporting date. Financial assets are derecognised when the contractual rights to the cash flows expire or are settled, or when substantially all the risks and rewards of ownership have been transferred. The Company's financial liabilities comprise basic financial liabilities, being trade and other payables, initially recognised at transaction price. Trade payables are obligations to pay for goods or services acquired in the ordinary course of business from suppliers and are classified as current liabilities where payment is due within one year, or as non-current liabilities otherwise. Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled, or expires. Financial assets and liabilities are offset, and the net amount reported in the statement of financial position, where there is an enforceable right to set off the recognised amounts and an intention either to settle on a net basis or to realise the asset and settle the liability simultaneously. 2. Judgments in applying accounting policies and key sources of uncertainty In applying the Company's accounting policies, the director may be required to make judgments and estimates that could impact the amounts reported for assets and liabilities as at the statement of financial position date and the amounts reported for revenues and expenses during the year. The director has not been required to use a significant degree of judgment in determining the timing and the value of amounts recognised in these financial statements. The director is not aware of any significant sources of estimation uncertainty in the preparation of these financial statements.

Notes to the Financial Statements

for the Period Ended 31 March 2025

• 2. Employees

  	2025	2024
  Average number of employees during the period	0	0