COMPANY REGISTRATION NUMBER:
16197395
|
FILLETED UNAUDITED FINANCIAL STATEMENTS |
|
|
STATEMENT OF FINANCIAL POSITION |
|
31 March 2026
FIXED ASSETS
CURRENT ASSETS
|
CREDITORS: amounts falling due within one year |
6 |
120,000 |
|
---------- |
|
NET CURRENT LIABILITIES |
109,710 |
|
------------- |
|
TOTAL ASSETS LESS CURRENT LIABILITIES |
1,022,890 |
|
|
|
|
CREDITORS: amounts falling due after more than one year |
7 |
386,140 |
|
------------- |
|
NET ASSETS |
636,750 |
|
------------- |
|
|
|
CAPITAL AND RESERVES
|
Called up share capital |
100 |
|
Profit and loss account |
636,650 |
|
---------- |
|
SHAREHOLDERS FUNDS |
636,750 |
|
---------- |
|
|
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 comprehensive income has not been delivered.
For the period ending 31 March 2026 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 period 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
.
These financial statements were approved by the
board of directors
and authorised for issue on
4 August 2026
, and are signed on behalf of the board by:
|
L Britton Meadows |
R Meadows |
|
Director |
Director |
|
|
Company registration number:
16197395
|
NOTES TO THE FINANCIAL STATEMENTS |
|
PERIOD FROM 21 JANUARY 2025 TO 31 MARCH 2026
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Streets Accountants, Windsor House, A1 Business Park, Long Bennington, Nottinghamshire, NG23 5JR.
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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the entity 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.
4.
Investments
|
Shares in group undertakings |
|
£ |
|
Cost |
|
|
At 21 January 2025 |
– |
|
Additions |
1,132,600 |
|
------------- |
|
At 31 March 2026 |
1,132,600 |
|
------------- |
|
Impairment |
|
|
At 21 January 2025 and 31 March 2026 |
– |
|
------------- |
|
|
|
Carrying amount |
|
|
At 31 March 2026 |
1,132,600 |
|
------------- |
|
|
5.
Debtors
|
31 Mar 26 |
|
£ |
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
10,290 |
|
--------- |
|
|
6.
Creditors:
amounts falling due within one year
|
31 Mar 26 |
|
£ |
|
Other creditors |
120,000 |
|
---------- |
|
|
7.
Creditors:
amounts falling due after more than one year
|
31 Mar 26 |
|
£ |
|
Other creditors |
386,140 |
|
---------- |
|
|
8.
Related party transactions
During the period the company acquired 100% of the issued share capital of Silvion Ltd, a company incorporated in England & Wales. The balance of consideration payable in relation to this transaction is included within other creditors. No other related party transactions subsisted during the period, such as are required to be disclosed under FRS102 (Section 1A).
9.
Controlling party
The ultimate controlling party is Mrs
L Britton Meadows
.