Contents of the Financial Statements

for the Period Ended 31 July 2023

Company Information

for the Period Ended 31 July 2023

Balance sheet

As at 31 July 2023

The notes form part of these financial statements

Balance sheet continued

As at 31 July 2023

For the year ending 31 July 2023 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 2023

• 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 represents invoiced sales net of Valued Added Tax.

  Tangible fixed assets depreciation policy

  Depreciation is calculated so as to write off the cost of tangible fixed assets over the expected useful lives of the assets concerned, which are principally as follows:-
  Freehold property 2% straight line
  Computer equipment 25% on reducing basis
  Office and other equipment 15% on reducing basis
  Motor vehicles 25% on reducing basis
  

  Other accounting policies

  Cash flow - The financial statements do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirement to prepare such a statement under the financial reporting standard for smaller entities (effective April 2008). Deferred taxation - Provision is made at current rates for taxation deferred as a respect of all material timing differences except to the extent that, in the opinion of the directors, there is a reasonable probability that a liability will not arise in the foreseeable future. Pension costs - The company operates a pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. Contributions payable for the year are charged in the profit and loss account.

Notes to the Financial Statements

for the Period Ended 31 July 2023

• 2. Employees

  	2023	2022
  Average number of employees during the period	2	2

Notes to the Financial Statements

for the Period Ended 31 July 2023

• 3. Off balance sheet disclosure

  No

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Dividends

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Tangible assets

Notes to the Financial Statements

for the Period Ended 31 July 2023

6. Debtors

Notes to the Financial Statements

for the Period Ended 31 July 2023

7.Creditors: amounts falling due within one year note