COMPANY REGISTRATION NUMBER:
13103254
|
Filleted Unaudited Financial Statements |
|
|
Statement of Financial Position |
|
31 December 2025
Fixed assets
|
Tangible assets |
5 |
1,124 |
– |
|
|
|
|
Current assets
|
Debtors |
6 |
98,573 |
95,219 |
|
Cash at bank and in hand |
8,860 |
3,977 |
|
--------- |
-------- |
|
107,433 |
99,196 |
|
|
|
|
|
Creditors: amounts falling due within one year |
7 |
73,659 |
67,477 |
|
--------- |
-------- |
|
Net current assets |
33,774 |
31,719 |
|
-------- |
-------- |
|
Total assets less current liabilities |
34,898 |
31,719 |
|
|
|
|
|
Provisions |
281 |
– |
|
-------- |
-------- |
|
Net assets |
34,617 |
31,719 |
|
-------- |
-------- |
|
|
|
Capital and reserves
|
Called up share capital |
100 |
100 |
|
Profit and loss account |
34,517 |
31,619 |
|
-------- |
-------- |
|
Shareholders funds |
34,617 |
31,719 |
|
-------- |
-------- |
|
|
|
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.
Directors' 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 directors acknowledge their 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
18 September 2026
, and are signed on behalf of the board by:
|
Mr J Mistry |
Miss N D Patel |
|
Director |
Director |
|
|
Company registration number:
13103254
|
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 Devonshire House, 582 Honeypot Lane, Stanmore, HA7 1JS, England.
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.
Revenue recognition
The turnover shown in the profit and loss account represents fee income receivable for the period. Fee income is recognised on completion of the services provided to the client.
Taxation
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.
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.
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:
|
Fixtures and fittings |
- |
25% straight line |
|
|
|
|
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.
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.
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
4
(2024:
4
).
5.
Tangible assets
|
Fixtures and fittings |
|
£ |
|
Cost |
|
|
At 1 January 2025 |
10,440 |
|
Additions |
1,499 |
|
-------- |
|
At 31 December 2025 |
11,939 |
|
-------- |
|
Depreciation |
|
|
At 1 January 2025 |
10,440 |
|
Charge for the year |
375 |
|
-------- |
|
At 31 December 2025 |
10,815 |
|
-------- |
|
Carrying amount |
|
|
At 31 December 2025 |
1,124 |
|
-------- |
|
At 31 December 2024 |
– |
|
-------- |
|
|
6.
Debtors
|
2025 |
2024 |
|
£ |
£ |
|
Trade debtors |
90,259 |
88,705 |
|
Other debtors |
8,314 |
6,514 |
|
-------- |
-------- |
|
98,573 |
95,219 |
|
-------- |
-------- |
|
|
|
7.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
|
Trade creditors |
2,565 |
2,576 |
|
Corporation tax |
635 |
3,168 |
|
Social security and other taxes |
20,996 |
29,202 |
|
Other creditors |
49,463 |
32,531 |
|
-------- |
-------- |
|
73,659 |
67,477 |
|
-------- |
-------- |
|
|
|