COMPANY REGISTRATION NUMBER:
16003480
|
FILLETED UNAUDITED FINANCIAL STATEMENTS |
|
|
STATEMENT OF FINANCIAL POSITION |
|
30 September 2026
|
30 Sep 26 |
31 Mar 26 |
|
Note |
£ |
£ |
|
|
|
FIXED ASSETS
|
Tangible assets |
4 |
1,997 |
2,492 |
|
|
|
|
CURRENT ASSETS
|
Cash at bank and in hand |
9,274 |
9,771 |
|
|
|
|
CREDITORS: amounts falling due within one year |
5 |
11,120 |
2,838 |
|
--------- |
-------- |
|
NET CURRENT (LIABILITIES)/ASSETS |
(
1,846) |
6,933 |
|
-------- |
-------- |
|
TOTAL ASSETS LESS CURRENT LIABILITIES |
151 |
9,425 |
|
----- |
-------- |
|
NET ASSETS |
151 |
9,425 |
|
----- |
-------- |
|
|
|
|
CAPITAL AND RESERVES
|
Called up share capital |
1 |
1 |
|
Profit and loss account |
150 |
9,424 |
|
----- |
-------- |
|
SHAREHOLDERS FUNDS |
151 |
9,425 |
|
----- |
-------- |
|
|
|
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 period ending 30th September 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's 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 director acknowledges his 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) |
|
30 September 2026
These financial statements were approved by the
board of directors
and authorised for issue on
19 October 2026
, and are signed on behalf of the board by:
Company registration number:
16003480
|
NOTES TO THE FINANCIAL STATEMENTS |
|
PERIOD FROM 1st APRIL 2026 TO 30th SEPTEMBER 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 57 Canterbury Avenue, Lancaster, LA1 4AU.
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.
Income tax
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. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
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:
|
Plant and machinery |
- |
20% reducing balance |
|
|
|
|
4.
TANGIBLE ASSETS
|
Cost |
|
|
At 1st April 2026 and 30th September 2026 |
3,591 |
|
-------- |
|
Depreciation |
|
|
At 1st April 2026 |
1,099 |
|
Charge for the period |
495 |
|
-------- |
|
At 30th September 2026 |
1,594 |
|
-------- |
|
Carrying amount |
|
|
At 30th September 2026 |
1,997 |
|
-------- |
|
At 31st March 2026 |
2,492 |
|
-------- |
|
|
5.
CREDITORS:
amounts falling due within one year
|
Accruals and deferred income |
360 |
300 |
|
Corporation tax |
374 |
1,346 |
|
Director loan accounts |
10,386 |
1,192 |
|
--------- |
-------- |
|
11,120 |
2,838 |
|
--------- |
-------- |
|
|
|
6.
DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES
The director has a loan account with the company which remained in credit throughout the year. At the year end the balance was £10,386 (2025 - £1,192) which is included in creditors.