Contents of the Financial Statements

for the Period Ended 31 March 2023

Directors report
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Directors

The directors shown below have held office during the whole of the period from
1 April 2022 to 31 March 2023

B Goodger
J E Deason

The director shown below has held office during the period of
1 April 2022 to 1 March 2023

GP Adams

The directors shown below have held office during the period of
1 April 2022 to 6 June 2022

T Riall
NK Pandya

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
18 April 2024

And signed on behalf of the board by:
Name: J E Deason
Status: Secretary

Balance sheet

As at 31 March 2023

	Notes	2023	2022
		£	£
Current assets
Debtors:	3	1	1
Total current assets:		1	1
Net current assets (liabilities):		1	1
Total assets less current liabilities:		1	1
Total net assets (liabilities):		1	1
Capital and reserves
Called up share capital:		1	1
Total Shareholders' funds:		1	1

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 March 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 directors have chosen not to file a copy of the company's profit and loss account.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 March 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

  Intangible fixed assets amortisation policy

  Financial instrumentsBasic financial assets and liabilities, including amounts owed by group undertakings and amounts owed to EBT beneficiaries, in accordance with section 11 and 12 of FRS 102 are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method. At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in the income statement. If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in the income statement.

  Valuation information and policy

  Carrying value of financial assets and liabilities At the end of each reporting period, the directors assess the carrying value of financial assets for objective evidence of impairment. In addition, where financial assets or liabilities constitute a financing arrangement, the value of the asset or liability is measured by reference to the present value of the estimated future cash flows. Both of these estimates require the future cash flows arising from the financial assets or liabilities to be estimated and an appropriate discount rate to be selected.

Notes to the Financial Statements

for the Period Ended 31 March 2023

• 2. Employees

  	2023	2022
  Average number of employees during the period	0	0