Contents of the Financial Statements

for the Period Ended 31 December 2021

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 31 December 2021

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

Directors

The directors shown below have held office during the whole of the period from
1 January 2021 to 31 December 2021

R S COOPER
P MOSS

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
30 December 2022

And signed on behalf of the board by:
Name: R S COOPER
Status: Director

Profit And Loss Account

for the Period Ended 31 December 2021

	2021	2020
	£	£
Turnover:	0	0
Cost of sales:	0	0
Gross profit(or loss):	0	0
Distribution costs:	0	0
Administrative expenses:	( 289,063 )	( 463,129 )
Other operating income:	0	0
Operating profit(or loss):	(289,063)	(463,129)
Interest receivable and similar income:	0	0
Interest payable and similar charges:	0	0
Profit(or loss) before tax:	(289,063)	(463,129)
Tax:	0	0
Profit(or loss) for the financial year:	(289,063)	(463,129)

Balance sheet

As at 31 December 2021

	Notes	2021	2020
		£	£
Called up share capital not paid:		0	0
Fixed assets
Intangible assets:	3	110,448	110,448
Tangible assets:		0	0
Investments:		0	0
Total fixed assets:		110,448	110,448
Current assets
Stocks:		0	0
Debtors:	4	6,582	6,582
Cash at bank and in hand:		0	0
Investments:		0	0
Total current assets:		6,582	6,582
Prepayments and accrued income:		0	0
Creditors: amounts falling due within one year:	5	( 877,143 )	( 588,080 )
Net current assets (liabilities):		(870,561)	(581,498)
Total assets less current liabilities:		(760,113)	( 471,050)
Creditors: amounts falling due after more than one year:		0	0
Provision for liabilities:		0	0
Accruals and deferred income:		0	0
Total net assets (liabilities):		(760,113)	(471,050)
Capital and reserves
Called up share capital:		100	100
Share premium account:		0	0
Other reserves:		0	0
Profit and loss account:		(760,213 )	(471,150 )
Total Shareholders' funds:		( 760,113 )	(471,050)

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 December 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 December 2021

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

  Tangible fixed assets depreciation policy

  At each reporting end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

  Intangible fixed assets amortisation policy

  Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives.

Notes to the Financial Statements

for the Period Ended 31 December 2021

• 2. Employees

  	2021	2020
  Average number of employees during the period	3	3