COMPANY REGISTRATION NUMBER:
06940612
Filleted Unaudited Financial Statements
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|
Statement of Financial Position
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|
30 June 2021
Current assets
Debtors
|
5
|
36,699
|
36,699
|
Cash at bank and in hand
|
463
|
463
|
|
--------
|
--------
|
|
37,162
|
37,162
|
|
|
|
|
Creditors: amounts falling due within one year
|
6
|
37,223
|
37,223
|
|
--------
|
--------
|
Net current liabilities
|
61
|
61
|
|
----
|
----
|
Total assets less current liabilities
|
(
61)
|
(
61)
|
|
----
|
----
|
|
|
|
|
Capital and reserves
Called up share capital
|
100
|
100
|
Profit and loss account
|
(
161)
|
(
161)
|
|
----
|
----
|
Shareholders deficit
|
(
61)
|
(
61)
|
|
----
|
----
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|
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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 30 June 2021 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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
.
These financial statements were approved by the
board of directors
and authorised for issue on
15 March 2022
, and are signed on behalf of the board by:
Company registration number:
06940612
Notes to the Financial Statements
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|
Year ended 30 June 2021
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Camburgh House, 27 New Dover Road, Canterbury, Kent, CT1 3DN, 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, 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.
Going concern
The financial statements have been prepared on the going concern basis which assumes that the company will continue in existence for the foreseeable future. The Directors have prepared financial forecasts for the business and have a reasonable expectation that the company will be able to meet its liabilities as they fall due.
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 deficit during the current year or prior year.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
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.
4.
Employee numbers
The average number of people employed by the company amounted to 2 (2020: 2).
5.
Debtors
|
2021
|
2020
|
|
£
|
£
|
Amounts owed by group undertakings
|
36,699
|
36,699
|
|
--------
|
--------
|
|
|
|
6.
Creditors:
amounts falling due within one year
|
2021
|
2020
|
|
£
|
£
|
Amounts owed to group undertakings
|
37,223
|
37,223
|
|
--------
|
--------
|
|
|
|
7.
Related party transactions
At the year end the company was owed £36,699 (2020: £36,699) by companies associated by common control. At the year end the company owed £37,223 (2020: £37,223) to companies associated by common control.
8.
Controlling party
The company is controlled by P.R.A.C. Ltd. The address of the registered office is Camburgh House, 27 New Dover Road, Canterbury, Kent, CT1 3DN.