Contents of the Financial Statements

for the Period Ended 31 July 2021

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

Directors' report period ended 31 July 2021

The directors present their report with the financial statements of the company for the period ended 31 July 2021

Directors

The director shown below has held office during the period of
10 July 2021 to 31 July 2021

Gareth Scott Fendick

The director shown below has held office during the whole of the period from
17 July 2020 to 31 July 2021

Samuel Oluwapelumi Akinluyi

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
14 April 2022

And signed on behalf of the board by:
Name: Gareth Scott Fendick
Status: Director

Profit And Loss Account

for the Period Ended 31 July 2021

	2021
	£
Turnover:	161,500
Gross profit(or loss):	161,500
Administrative expenses:	( 63,358 )
Operating profit(or loss):	98,142
Profit(or loss) before tax:	98,142
Profit(or loss) for the financial year:	98,142

Balance sheet

As at 31 July 2021

	Notes	2021
		£
Fixed assets
Tangible assets:	3	1,250
Investments:	4	28,800
Total fixed assets:		30,050
Current assets
Debtors:	5	44,460
Cash at bank and in hand:		36,353
Total current assets:		80,813
Net current assets (liabilities):		80,813
Total assets less current liabilities:		110,863
Creditors: amounts falling due after more than one year:	6	( 12,721 )
Total net assets (liabilities):		98,142
Members' funds
Profit and loss account:		98,142
Total members' funds:		98,142

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 July 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 July 2021

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.Rendering of servicesTurnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

  Tangible fixed assets depreciation policy

  Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:Fixtures & Fittings - 4 years straight lineComputer Equipment - 4 years straight line

Notes to the Financial Statements

for the Period Ended 31 July 2021

• 2. Employees

  	2021
  Average number of employees during the period	2