COMPANY REGISTRATION NUMBER:
06297970
Filleted Unaudited Financial Statements |
|
Statement of Financial Position |
|
31 March 2023
Current assets
Debtors |
5 |
100 |
|
---- |
Net current assets |
100 |
|
---- |
Total assets less current liabilities |
100 |
|
---- |
|
|
|
Capital and reserves
Called up share capital |
100 |
|
---- |
Shareholders funds |
100 |
|
---- |
|
|
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.
The company did not trade during the current year or prior year and has not made either a profit or loss.
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's 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 director acknowledges his 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
19 December 2023
, and are signed on behalf of the board by:
Company registration number:
06297970
Notes to the Financial Statements |
|
Year ended 31 March 2023
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Masters House & College Tower, College Road, Maidstone, Kent, ME15 6YQ, United Kingdom.
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. The financial statements are prepared in sterling, which is the functional currency of the entity.
Income statement
The company is dormant as defined by section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current year or prior year and therefore no income statement is presented within these financial statements. There have been no movements in shareholders funds during the current year or prior year.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2022: 1).
5.
Debtors
|
2023 |
|
£ |
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
100 |
|
---- |
|
|
6.
Related party transactions
Lloyds Banking Group have security by way of a fixed and floating charge over the property of the company. Lloyds Banking Group also have a charge by way of a Omnibus Guarantee and Set-off Agreement in relation to sums due or to become due from other group companies.
7.
Controlling party
The ultimate parent company is Futures for Children Limited, a company registered in England and Wales. The registered address of the ultimate controlling party is:
The Masters House & College, Tower, College Road, Maidstone, Kent, ME15 6YQ.