Company Registration No. 09999070 (England and Wales)
8Seconds Ltd
Unaudited accounts
for the year ended 28 February 2022
8Seconds Ltd
Unaudited accounts
Contents
8Seconds Ltd
Company Information
for the year ended 28 February 2022
Directors
Hugo Petit
Finn Pomeroy
Company Number
09999070 (England and Wales)
Registered Office
MARKLYE
DULWICH COMMON
LONDON
SE21 7EU
UNITED KINGDOM
Accountants
Dead Simple Accounting
3 Avon Close
Fords Farm, Calcot
Reading
Berkshire
RG31 7YE
8Seconds Ltd
Statement of financial position
as at
28 February 2022
Tangible assets
20,282
6,609
Cash at bank and in hand
31,923
2,322
Creditors: amounts falling due within one year
(32,872)
(10,877)
Net current assets
48,075
59,829
Total assets less current liabilities
68,357
66,438
Creditors: amounts falling due after more than one year
(17,352)
(20,000)
Called up share capital
1,000
1,000
Profit and loss account
50,005
45,438
Shareholders' funds
51,005
46,438
For the year ending 28 February 2022 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 2 December 2022 and were signed on its behalf by
Hugo Petit
Director
Company Registration No. 09999070
8Seconds Ltd
Notes to the Accounts
for the year ended 28 February 2022
8Seconds Ltd is a private company, limited by shares, registered in England and Wales, registration number 09999070. The registered office is MARKLYE, DULWICH COMMON, LONDON, SE21 7EU, UNITED KINGDOM.
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:
Plant & machinery
25% straight line
Fixtures & fittings
25% straight line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2021
8,680
2,591
-
11,271
Additions
16,468
1,121
4,398
21,987
At 28 February 2022
25,148
3,712
4,398
33,258
At 1 March 2021
4,014
648
-
4,662
Charge for the year
6,287
927
1,100
8,314
At 28 February 2022
10,301
1,575
1,100
12,976
At 28 February 2022
14,847
2,137
3,298
20,282
At 28 February 2021
4,666
1,943
-
6,609
Amounts falling due within one year
Trade debtors
49,024
68,384
8Seconds Ltd
Notes to the Accounts
for the year ended 28 February 2022
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
8,513
10,414
Loans from directors
(34,281)
(11,537)
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the year the average number of employees was 0 (2021: 0).