COMPANY REGISTRATION NUMBER:
16227655
|
FILLETED UNAUDITED FINANCIAL STATEMENTS |
|
PERIOD FROM 4 FEBRUARY 2025 TO 28 FEBRUARY 2026
|
Officers and professional advisers |
1 |
|
|
|
Notes to the financial statements |
3 to 4 |
|
|
28 February 2026
CURRENT ASSETS
|
CREDITORS: amounts falling due within one year |
6 |
(
128,329) |
|
---------- |
|
NET CURRENT ASSETS |
1 |
|
---- |
|
TOTAL ASSETS LESS CURRENT LIABILITIES |
1 |
|
---- |
|
NET ASSETS |
1 |
|
---- |
|
|
|
CAPITAL AND RESERVES
|
Called up share capital |
1 |
|
---- |
|
SHAREHOLDER FUNDS |
1 |
|
---- |
|
|
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 profit and loss account has not been delivered.
For the period ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The member has 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
3 November 2026
, and are signed on behalf of the board by:
Company registration number:
16227655
|
NOTES TO THE FINANCIAL STATEMENTS |
|
PERIOD FROM 4 FEBRUARY 2025 TO 28 FEBRUARY 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 New Burlington House, 1075 Finchley Road, London, NW11 0PU.
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 (rounded to the nearest pound), which is the functional currency of the entity.
Going concern
The financial statements have been prepared in accordance with the accounting principles applicable to a going concern.
Judgements and key sources of estimation uncertainty
Judgements made by the directors in the application of these accounting policies that have significant effect on the financial statements and estimates with a significant risk of material adjustment in the next year are as follows: (i) Trade and other debtors Management uses details of the age of trade and other debtors and the status of any disputes together with external evidence of the credit status of the counterparty in making judgements concerning any need to impair the carrying value.
Turnover
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.
Taxation
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.
Acquisitions and disposals
Acquisitions and disposals are considered to have taken place at the date of unconditional exchange and are included in the financial statements accordingly.
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.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4.
EMPLOYEE NUMBERS
The average number of persons employed by the company during the period amounted to nil.
5.
DEBTORS
|
28 Feb 26 |
|
£ |
|
Amounts owed by group undertakings |
8,330 |
|
Other debtors |
120,000 |
|
---------- |
|
128,330 |
|
---------- |
|
|
Other debtors are due from a company with directors in common with this company.
6.
CREDITORS:
amounts falling due within one year
|
28 Feb 26 |
|
£ |
|
Corporation tax |
6,529 |
|
Other creditors |
121,800 |
|
---------- |
|
128,329 |
|
---------- |
|
|
7.
PARENT COMPANY AND CONTROLLING PARTY
The company is controlled by its parent undertaking,
Metro Associates Limited
, a company registered in England and Wales. The address of the registered office of Metro Associates Limited is New Burlington House, 1075 Finchley Road, London, NW11 0PU
.