Contents of the Financial Statements

for the Period Ended 28 February 2023

Company Information

for the Period Ended 28 February 2023

Directors' Report Period Ended 28 February 2023

The directors present their report with the financial statements of the company for the period ended 28 February 2023

Directors

The directors shown below have held office during the whole of the period from 01 March 2022 to 28 February 2023
Mr John Audoire

Balance sheet

As at 28 February 2023

The notes form part of these financial statements

Balance sheet continued

As at 28 February 2023

For the year ending 28 February 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 28 February 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

  The turnover represents amounts receivable for goods and services net of VAT and trade discounts.

  Tangible fixed assets depreciation policy

  Depreciation is calculated to write of the cost of tangible fixed assets by annual instalments over their estimated useful lives based on the net
  book value of assets owned at the beginning of the year and the cost of assets acquired during the year as follows:-
  Motor vehicles: 20% Reducing balance
  Office Equipment: 33% Reducing balance
  Fixtures & Fittings: 15% Reducing balance
  Plat & Machinery: 25% Reducing balance

  Valuation information and policy

  Stocks and work -in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving
  items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Notes to the Financial Statements

for the Period Ended 28 February 2023

• 2. Employees

  	2023	2022
  Average number of employees during the period	3	3

Notes to the Financial Statements

for the Period Ended 28 February 2023

• 3. Off balance sheet disclosure

  No

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Dividends

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Tangible assets

Notes to the Financial Statements

for the Period Ended 28 February 2023

6. Debtors

Notes to the Financial Statements

for the Period Ended 28 February 2023

7.Creditors: amounts falling due within one year note