- The company is a private company limited by shares and registered in England and Wales. It was entitled to exemption from audit 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Average number of employees
The average number of persons employed by the company in the period was 5 (previous period: 3).
Directors advances, credits and guarantees
The company has made advances to the directors during the period. At 30 June 2026, the following amounts were owed to the company by directors in respect of overdrawn directors' loan accounts:
Director 1: £101,536 (2024: £nil)
Director 2: £72,033 (2024: £nil)
The advances are repayable on demand and interest is accruing on the outstanding balances at a rate of 3.75%.
Additional Disclosures
Related Party Transactions
The company has made advances to Mrs H Jones during the period, who is a related party of Mr S Jones. The total amount outstanding at 30 June 2026 was £55,555 (2024: £nil). The advances are repayable on demand and interest is accruing on the outstanding balance at a rate of 3.75%.
Going Concern
At the balance sheet date, the company is insolvent and reliant upon the support of the directors. The directors have indicated that this support will continue and the turnover has significantly increased in the final 6 months of this accounting period, thus generating an appropriate income. This trend has continued post financial period and there is no reason to doubt that this will continue for the foreseeable future. As such the accounts have been prepared on a going concern basis.