Company Registration No. 08553301 (England and Wales)
12 Rounds Boxing Ltd
Unaudited accounts
for the year ended 30 June 2023
12 Rounds Boxing Ltd
Unaudited accounts
Contents
12 Rounds Boxing Ltd
Company Information
for the year ended 30 June 2023
Directors
Ms Hamilton
Ms McGuckian
Ms L Ballantine
Company Number
08553301 (England and Wales)
Registered Office
2A BOWOOD ROAD
LONDON
SW11 6PE
ENGLAND
Accountants
TILLEYS ACCOUNTANCY LIMITED
Bizspace
Unit 31 Courtwick Lane
Littlehampton
West Sussex
BN17 7TL
12 Rounds Boxing Ltd
Statement of financial position
as at 30 June 2023
Tangible assets
5,846
6,511
Cash at bank and in hand
14,349
36,392
Creditors: amounts falling due within one year
(32,323)
(59,800)
Net current assets
34,720
39,310
Total assets less current liabilities
40,566
45,821
Creditors: amounts falling due after more than one year
(37,431)
(43,236)
Called up share capital
100
100
Profit and loss account
3,035
2,485
Shareholders' funds
3,135
2,585
For the year ending 30 June 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2023 and were signed on its behalf by
Ms Hamilton
Director
Company Registration No. 08553301
12 Rounds Boxing Ltd
Notes to the Accounts
for the year ended 30 June 2023
12 Rounds Boxing Ltd is a private company, limited by shares, registered in England and Wales, registration number 08553301. The registered office is 2A BOWOOD ROAD, LONDON, SW11 6PE, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
Depreciation 25% Reducing Balance
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2022
-
49,459
395
49,854
Additions
5,500
104
96
5,700
At 30 June 2023
5,500
49,563
491
55,554
At 1 July 2022
-
43,244
99
43,343
Charge for the year
575
5,608
182
6,365
At 30 June 2023
575
48,852
281
49,708
At 30 June 2023
4,925
711
210
5,846
At 30 June 2022
-
6,215
296
6,511
Amounts falling due within one year
Other debtors
52,694
58,438
Amounts falling due after more than one year
12 Rounds Boxing Ltd
Notes to the Accounts
for the year ended 30 June 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
6,389
6,389
Trade creditors
1,801
1,311
Taxes and social security
2,223
9,571
Loans from directors
9,902
30,646
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 4 (2022: 4).