Accounts filed on 30-06-2022


ACCOUNTS
FOR THE YEAR ENDED 30/06/2022





DIRECTORS
Anthony Groom
Sarah Groom



SECRETARY
Sarah Groom


REGISTERED OFFICE
Blythe Farm
Mill Street
Gamlingay
Bedfordshire
SG19 3JW


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 02808961



ACCOUNTANTS
Anstee Gorst
Unit 4 Eaton Court
Colmworth Business Park
Eaton Socon
Cambridgeshire
PE19 8ER


ACCOUNTS
FOR THEYEARENDED30/06/2022



CONTENTS



		Page

Directors' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 30/06/2022

			2022		2021
	Notes		£		£

FIXED ASSETS
Tangible assets	3		1,468		1,958

CURRENT ASSETS
Stock		150		250
Debtors	5	16,847		6,950
Cash at bank and in hand		19,676		40,363
		36,673		47,563
CREDITORS: Amounts falling due within one year	6	15,450		24,232
NET CURRENT ASSETS			21,223		23,331
TOTAL ASSETS LESS CURRENT LIABILITIES			22,691		25,289


CREDITORS: Amounts falling due after more than one year	7		8,750		11,750


PROVISIONS FOR LIABILITIES AND CHARGES	9		268		361

NET ASSETS			13,673		13,178

CAPITAL AND RESERVES

Called up share capital	10		2		2
Profit and loss account			13,671		13,176
SHAREHOLDERS' FUNDS			13,673		13,178

For the year ending 30/06/2022 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 23/03/2023 and signed on their behalf by



.............................
Anthony Groom
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		reducing balance 25%
Fixtures and Fittings		reducing balance 25%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1d. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.




1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




5. DEBTORS	2022	2021
	£	£
Amounts falling due within one year
Trade debtors	1,900	6,800
Other debtors	14,797	-
Prepayments	150	150
	16,847	6,950




6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2022	2021
	£	£
UK corporation tax	10,054	12,985
PAYE control	-	13
Sarah Groom loan	1,160	-
Bank loans and overdrafts	-	1,091
Loans	3,000	3,000
Loans	89	1,041
Other creditors	-	5,027
Accruals	1,147	1,075
	15,450	24,232




7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2022	2021
	£	£
Loans >1yr	8,750	11,750
	8,750	11,750




10. SHARE CAPITAL	2022	2021
	£	£
Allotted, issued and fully paid:
1 Ordinary shares of £1 each	1	1
1 A Ordinary shares of £1 each	1	1
	2	2

New shares issued during period:
1 Ordinary shares of £1 each	1
1 A Ordinary shares of £1 each	1




11. CONTROLLING PARTY
The controlling parties are Sarah Groom and Sophia Groom, the shareholders of the company

12. RELATED PARTY TRANSACTIONS

At the end of the period the amount of £14,797 was owed by K2 Partners Ltd, a related party, for consultancy services.(2021 - £5,027 owed to K2 Partners Ltd)