for the Period Ended 31 May 2023
Company Information - 3 | |
Report of the Directors - 4 | |
Profit and Loss Account - 5 | |
Balance sheet - 6 | |
Additional notes - 8 | |
Balance sheet notes - 12 |
for the Period Ended 31 May 2023
Director: |
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Registered office: |
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Company Registration Number: |
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The directors present their report with the financial statements of the company for the period ended 31 May 2023
Principal Activities
Political and charitable donations
Company policy on the employment of disabled persons
Directors
The directors shown below have held office during the whole of the period from 01 June 2022 to 31 May 2023
This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
for the Period Ended 31 May 2023
Notes |
2023 £ |
2022 £ |
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Gross turnover (not including turnover from inside OPW engagements) | 16,581 | 0 | |
Gross turnover from inside OPW engagements | 0 | 0 | |
Deductions from gross turnover from inside OPW engagements | ( 0 ) | ( 0 ) | |
Cost of sales |
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Gross Profit or (Loss) |
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Income from coronavirus (COVID-19) business support grants | 0 | 0 | |
Distribution Costs |
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Administrative Expenses |
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Operating Profit or (Loss) |
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Profit or (Loss) Before Tax |
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Profit or (Loss) for Period |
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The notes form part of these financial statements
As at
Notes |
2023 £ |
2022 £ |
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Fixed assets | |||
Intangible assets: | 4 |
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Total fixed assets: |
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Current assets | |||
Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 5 |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: | 6 |
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Accruals and deferred income: |
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Total net assets (liabilities): |
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The notes form part of these financial statements
As at 31 May 2023
Notes |
2023 £ |
2022 £ |
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Capital and reserves | |||
Called up share capital: |
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Profit and loss account: |
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Shareholders funds: |
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This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 May 2023
Basis of measurement and preparation
Turnover policy
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.
Revenue from contracts for the provision of provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recoverable.
Tangible fixed assets depreciation policy
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases.
Fixtures, fittings & Computer equipment 33.3% per annum straight line
Motor vehicles 25% per annum straight line
Plant and machinery 25% per annum straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance lease are depreciated over their estimated useful lives or the lease term, whichever is the shorter. The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability. Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.
Intangible fixed assets amortisation policy
for the Period Ended 31 May 2023
Other accounting policies
for the Period Ended 31 May 2023
2023 |
2022 |
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Average number of employees during the period |
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for the Period Ended 31 May 2023
for the Period Ended 31 May 2023
Goodwill | Total | |
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Cost | £ | £ |
At 01 June 2022 | - | - |
Additions |
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Disposals | - | - |
Revaluations | - | - |
Transfers | - | - |
At 31 May 2023 |
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Amortisation | ||
Amortisation at 01 June 2022 | - | - |
Charge for year |
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On disposals | - | - |
Other adjustments | - | - |
Amortisation at 31 May 2023 |
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Net book value | ||
Net book value at 31 May 2023 |
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Net book value at 31 May 2022 | - | - |
for the Period Ended 31 May 2023
2023 £ |
2022 £ |
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Bank loans and overdrafts |
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Amounts due under finance leases and hire purchase contracts |
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Total |
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for the Period Ended 31 May 2023
2023 £ |
2022 £ |
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Bank loans and overdrafts |
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Amounts due under finance leases and hire purchase contracts |
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Other creditors |
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Total |
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