Contents of the Financial Statements

for the Period Ended 31 December 2022

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

Directors' report period ended 31 December 2022

The directors present their report with the financial statements of the company for the period ended 31 December 2022

Directors

The directors shown below have held office during the whole of the period from
1 January 2022 to 31 December 2022

Tim Heasley
John McCartney

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
3 May 2024

And signed on behalf of the board by:
Name: Tim Heasley
Status: Director

Profit And Loss Account

for the Period Ended 31 December 2022

	2022	2021
	£	£
Turnover:	(6,888)	4,099
Cost of sales:	0	0
Gross profit(or loss):	(6,888)	4,099
Distribution costs:	0	0
Administrative expenses:	0	( 1,396 )
Other operating income:	0	0
Operating profit(or loss):	(6,888)	2,703
Interest receivable and similar income:	0	0
Interest payable and similar charges:	0	0
Profit(or loss) before tax:	(6,888)	2,703
Tax:	( 23,168 )	( 5,318 )
Profit(or loss) for the financial year:	(30,056)	(2,615)

Balance sheet

As at 31 December 2022

	Notes	2022	2021
		£	£
Fixed assets
Intangible assets:	3	35,399	34,090
Investments:	4	275,000	275,000
Total fixed assets:		310,399	309,090
Net current assets (liabilities):
Total assets less current liabilities:		310,399	309,090
Provision for liabilities:		( 168,626 )	( 137,261 )
Total net assets (liabilities):		141,773	171,829
Capital and reserves
Called up share capital:		125,000	125,000
Profit and loss account:		16,773	46,829
Total Shareholders' funds:		141,773	171,829

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 December 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 notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2022

• 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 and represents amounts receivable for services provided in the normal course of business, net of discounts, VAT and other sales related taxes. Turnover is recognised when- the amount can be reliably measured,- it is probable that the economic benefits associated with transactions will flow to the entity, and- the stage of completion and reporting date can be measured reliably.

  Valuation information and policy

  Available-for-sale investments are those non-derivative financial assets, principally equity securities, that are designed as available-for-sale or are not classified as ‘Financial assets at fair value through profit or loss’, ‘Held-to-maturity’ and ‘Loans and receivables’. After initial recognition available-for-sale securities are measured at fair value with gains or losses being recognised in other comprehensive income until the investment is derecognised or until the investment is determined to be impaired, at which time the cumulative gain or loss previously reported in other comprehensive income is recognised in the profit or loss.

  Other accounting policies

  TaxationLoans and other receivablesTrade and other payablesInvestment in SubsidiaryFinancial instruments

Notes to the Financial Statements

for the Period Ended 31 December 2022

• 2. Employees

  	2022	2021
  Average number of employees during the period	0	0