COMPANY REGISTRATION NUMBER:
15196933
|
Filleted Unaudited Financial Statements |
|
Year ended 31 October 2025
|
Statement of financial position |
1 |
|
|
|
Notes to the financial statements |
3 |
|
|
|
Statement of Financial Position |
|
31 October 2025
Current assets
|
Debtors |
5 |
109,579 |
|
47 |
|
|
Cash at bank and in hand |
95,589 |
|
1,511 |
|
|
---------- |
|
------- |
|
|
205,168 |
|
1,558 |
|
|
|
|
|
|
|
|
Creditors: amounts falling due within one year |
6 |
112,261 |
|
7,534 |
|
|
---------- |
|
------- |
|
|
Net current assets/(liabilities) |
|
92,907 |
|
(
5,976) |
|
|
-------- |
|
------- |
|
Total assets less current liabilities |
|
92,907 |
|
(
5,976) |
|
|
-------- |
|
------- |
|
Net assets/(liabilities) |
|
92,907 |
|
(
5,976) |
|
|
-------- |
|
------- |
|
|
|
|
|
|
Capital and reserves
|
Called up share capital |
|
1 |
|
1 |
|
Profit and loss account |
|
92,906 |
|
(
5,977) |
|
|
-------- |
|
------- |
|
Shareholders funds/(deficit) |
|
92,907 |
|
(
5,976) |
|
|
-------- |
|
------- |
|
|
|
|
|
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 year ending 31 October 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 October 2025
These financial statements were approved by the
board of directors
and authorised for issue on
10 October 2026
, and are signed on behalf of the board by:
|
Mr D J Booth |
Mr P S Anthony |
|
Director |
Director |
|
|
Company registration number:
15196933
|
Notes to the Financial Statements |
|
Year ended 31 October 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 10 Market Place, Crowle, Scunthorpe, DN17 4LA, 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
(a)
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.
(b)
Going concern
The UK economy continues to face a degree of economic uncertainty, including the ongoing effects of inflation, interest rates and energy costs. These factors have affected the company's trading results to varying degrees. In preparing these financial statements, the directors have considered the potential impact of these matters based on the information available at the date of approval and do not believe they will affect the company's ability to continue trading for the foreseeable future. Accordingly, at the date of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for at least 12 months from the date of approval of these financial statements. The directors have therefore prepared the financial statements on a going concern basis.
(c)
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Revenue from the sale of goods is recognised when the sales invoice is raised.
(d)
Current & deferred 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 be paid or recovered 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.
(e)
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
(f)
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangement entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
(g)
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.
(h)
Employee numbers
The average number of persons employed by the company during the year amounted to 1.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2024: Nil).
5.
Debtors
|
2025 |
2024 |
|
£ |
£ |
|
Trade debtors |
109,579 |
1 |
|
Other debtors |
– |
46 |
|
---------- |
---- |
|
109,579 |
47 |
|
---------- |
---- |
|
|
|
6.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
|
Trade creditors |
33,652 |
534 |
|
Corporation tax |
30,764 |
– |
|
Social security and other taxes |
1,800 |
– |
|
Other creditors |
46,045 |
7,000 |
|
---------- |
------- |
|
112,261 |
7,534 |
|
---------- |
------- |
|
|
|