| Balance Sheet | 3 |
| Statement of Compliance | 4 |
| Notes to the Financial Statements | 5–11 |
| 2025 £ |
2024 £ |
|
|---|---|---|
| Fixed assets | ||
| Tangible assets | ||
| Current assets | ||
| Creditors: amounts falling due within one year | ( |
|
| Net current assets (liabilities) | ( |
|
| Total assets less current liabilities | ||
| Creditors: amounts falling due after more than one year | ( |
0 |
| Total net assets (liabilities) | ( |
|
| Capital and reserves | ||
| Called up share capital | ||
| Profit and loss account | ( |
|
| ( |
Directors' responsibilities:
The accounts were approved by the Board of Directors and authorised for issue on 22 September 2026.
Turnover
Turnover is recognised when goods are delivered or services are provided.
Taxation
Corporation tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Debtors
Debtors are recognised at the settlement amount due.
Cash at bank and in hand
Cash at bank and in hand includes cash and short term highly liquid investments.
Creditors
Creditors are recognised when there is an obligation at the balance sheet date as a result of a past event.
Tangible fixed assets
The property is an investment property held to earn rental income. It is carried at cost and is not depreciated. The carrying amount at 31 December 2025 is £255,361, being cost plus acquisition costs, with no revaluation in the year. This is consistent with the basis used in the 2024 financial statements.
These financial statements have been prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
The average number of employees during the period was: 0
| Category | Cost b/f £ |
Additions £ |
Disposals £ |
Cost c/f £ |
Dep b/f £ |
Charge £ |
On disp. £ |
Dep c/f £ |
NBV £ |
|---|---|---|---|---|---|---|---|---|---|
| Other | 255,361 | 0 | 0 | 255,361 | 0 | 0 | 0 | 0 | 255,361 |
| Total | 255,361 | 0 | 0 | 255,361 | 0 | 0 | 0 | 0 | 255,361 |
Creditors: amounts falling due within one year
| Description | Current Year £ |
Previous Year £ |
|---|---|---|
| Trade creditors | 0 | 0 |
| Amounts owed to group undertakings | 0 | 0 |
| Corporation tax | 0 | 0 |
| Other taxes and social security | 0 | 0 |
| Accruals and deferred income | 0 | 0 |
| Other creditors | 141,848 | 0 |
| Total | 141,848 | 0 |
Creditors: amounts falling due after more than one year
| Description | Current Year £ |
Previous Year £ |
|---|---|---|
| Bank loans | 119,749 | 0 |
| Other creditors | 0 | 0 |
| Total | 119,749 | 0 |
The company had net liabilities of £2,752 at the year end. The director has confirmed that she will not seek repayment of her loan account for at least twelve months from the date of approval of these financial statements. On that basis the financial statements have been prepared on the going concern basis.
The company is financed in part by an interest-free unsecured loan from the director. The balance owed to the director at 31 December 2025 was £141,848 (2024: £141,848). No amounts were given to the director or repaid to the director during the year.