COMPANY REGISTRATION NUMBER:
13810967
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Company Limited by Guarantee |
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Filleted Unaudited Financial Statements |
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Company Limited by Guarantee |
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Year ended 31 December 2025
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Notes to the financial statements |
2 to 3 |
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Company Limited by Guarantee |
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31 December 2025
Fixed assets
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Investments |
5 |
2,600 |
2,600 |
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Creditors: amounts falling due within one year |
6 |
2,600 |
2,600 |
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------- |
------- |
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Net current liabilities |
2,600 |
2,600 |
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------- |
------- |
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– |
– |
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------- |
------- |
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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 profit and loss account has not been delivered.
The company did not trade during the current year or prior year and has not made either a profit or loss.
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
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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
;
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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These financial statements were approved by the
board of directors
and authorised for issue on
3 September 2026
, and are signed on behalf of the board by:
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Mr LA Cartwright |
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Director |
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Company registration number:
13810967
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Company Limited by Guarantee |
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Notes to the Financial Statements |
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Year ended 31 December 2025
1.
General information
The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is Lymedale Business Centre, Hooters Hall Road, Lymedale Business Park, Newcastle-under-Lyme, ST5 9QF.
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. Monetary amounts in these financial statements are rounded to the nearest £.
Going concern
The director believes there are adequate resources, which will enable the company to meet its liabilities for at least one year from the date the financial statements are signed. In addition, the company's subsidiary has confirmed that it will not request payment of its group debt for at least one year from the date the financial statements are signed. For this reason, the director has adopted the going concern basis in preparing the financial statements.
Profit and loss account
The company is dormant as defined by section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current year or prior year and therefore no income statement is presented within these financial statements. There have been no movements in members funds during the current year or prior year.
Investments
Interests in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in surplus or deficit.
Financial instruments
A financial asset or a financial liability is recognised only when the company 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. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
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. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. 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.
Company limited by guarantee
The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets of liabilities of the company on winding up such amounts as may be required not exceeding £1.
5.
Investments
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Shares in group undertakings |
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£ |
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Cost |
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At 1 January 2025 and 31 December 2025 |
2,600 |
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------- |
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Impairment |
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At 1 January 2025 and 31 December 2025 |
– |
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------- |
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Carrying amount |
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At 31 December 2025 |
2,600 |
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------- |
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At 31 December 2024 |
2,600 |
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------- |
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6.
Creditors:
amounts falling due within one year
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2025 |
2024 |
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£ |
£ |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
2,600 |
2,600 |
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------- |
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