ACHIEVING SOLUTIONS LIMITED

Company Registration Number:
05406152 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

ACHIEVING SOLUTIONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2021

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

ACHIEVING SOLUTIONS LIMITED

Company Information

for the Period Ended 31 December 2021




Director: adrian smith
Secretary: andrea smith
Registered office: 9
Iris Close
Basingstoke
Hampshire
RG22 5NS
Company Registration Number: 05406152 (England and Wales)

ACHIEVING SOLUTIONS LIMITED

Directors' Report Period Ended 31 December 2021

The directors present their report with the financial statements of the company for the period ended 31 December 2021

Principal Activities

rent and hire of sports equipment

Directors

The directors shown below have held office during the whole of the period from 01 January 2021 to 31 December 2021
adrian smith

Secretary
andrea smith

This report was approved by the board of directors on 13 September 2022
And Signed On Behalf Of The Board By:

Name: adrian smith
Status: Director

ACHIEVING SOLUTIONS LIMITED

Profit and Loss Account

for the Period Ended 31 December 2021


Notes

2021
£

2020
£
Turnover 84,055 28,462
Cost of sales ( 16,716 ) ( 15,631 )
Gross Profit or (Loss) 79,677 28,768
Income from coronavirus (COVID-19) business support grants 12,338 15,937
Administrative Expenses ( 53,867 ) ( 46,113 )
Operating Profit or (Loss) 25,810 ( 17,345 )
Profit or (Loss) Before Tax 25,810 ( 17,345 )
Tax on Profit ( 6,580 ) 1,234
Profit or (Loss) for Period 19,230 ( 16,111 )

The notes form part of these financial statements

ACHIEVING SOLUTIONS LIMITED

Balance sheet

As at 31 December 2021


Notes

2021
£

2020
£
Fixed assets
Tangible assets: 5 11,198 19,482
Total fixed assets: 11,198 19,482
Current assets
Debtors: 6 3,214 1,715
Cash at bank and in hand: 24,001 51,375
Total current assets: 27,215 53,090
Creditors: amounts falling due within one year: 7 ( 16,790 ) ( 12,580 )
Net current assets (liabilities): 10,425 40,510
Total assets less current liabilities: 21,623 59,992
Creditors: amounts falling due after more than one year: 8 ( 42,600 )
Total net assets (liabilities): 21,623 17,392

The notes form part of these financial statements

ACHIEVING SOLUTIONS LIMITED

Balance sheet continued

As at 31 December 2021


Notes

2021
£

2020
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 21,621 17,390
Shareholders funds: 21,623 17,392

For the year ending 31 December 2021 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.

This report was approved by the board of directors on 13 September 2022
And Signed On Behalf Of The Board By:

Name: adrian smith
Status: Director

The notes form part of these financial statements

ACHIEVING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 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

    all of which is generated from sales and rental of sports equipment in the UK, represents the net value of sales to external customers excluding VAT.

    Tangible fixed assets depreciation policy

    depreciation has been calculated on a straight line basis to write off the cost of fixed assets over their expected useful lives. principal annual rates are:
    equipment 33%
    vehicles 25%

    Other accounting policies

    the financial statements have been prepared on a ongoing concern basis under the historical cost convention.

ACHIEVING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 2. Employees


    2021

    2020
    Average number of employees during the period 3 3

ACHIEVING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 3. Off balance sheet disclosure

    No

ACHIEVING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Dividends


2021
£

2020
£
Dividends paid 15,000 5,000

ACHIEVING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

5. Tangible assets

Plant & machinery Motor vehicles Total
Cost £ £ £
At 01 January 2021 115,786 29,049 144,835
Additions 1,154 - 1,154
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 December 2021 116,940 29,049 145,989
Depreciation
At 01 January 2021 108,517 16,836 125,353
Charge for year 5,251 4,187 9,438
On disposals - - -
Other adjustments - - -
At 31 December 2021 113,768 21,023 134,791
Net book value
At 31 December 2021 3,172 8,026 11,198
At 31 December 2020 7,269 12,213 19,482

ACHIEVING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

6. Debtors


2021
£

2020
£
Trade debtors 3,214 395
Other debtors 1,320
Total 3,214 1,715

ACHIEVING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

7.Creditors: amounts falling due within one year note


2021
£

2020
£
Bank loans and overdrafts 3,043
Trade creditors 1,132 4,437
Accruals and deferred income 8,000 3,000
Other creditors 7,658 2,100
Total 16,790 12,580

ACHIEVING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

8.Creditors: amounts falling due after more than one year


2021
£

2020
£
Bank loans and overdrafts 42,600
Total 42,600