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REGISTERED NUMBER: 08488522 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023

FOR

TRACK FOCUS DIRECT LIMITED

TRACK FOCUS DIRECT LIMITED (REGISTERED NUMBER: 08488522)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TRACK FOCUS DIRECT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2023







DIRECTORS: J N Sharp
Ms L C Dotzauer





REGISTERED OFFICE: 205a Nantwich Road
Crewe
Cheshire
CW2 6DD





REGISTERED NUMBER: 08488522 (England and Wales)





ACCOUNTANTS: Accountancy Services (Cheshire) Limited
205a Nantwich Road
Crewe
Cheshire
CW2 6DD

TRACK FOCUS DIRECT LIMITED (REGISTERED NUMBER: 08488522)

BALANCE SHEET
30 APRIL 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,442 8,309

CURRENT ASSETS
Stocks 5 2,520 4,482
Debtors 6 32,935 29,120
Cash at bank and in hand 99,786 75,573
135,241 109,175
CREDITORS
Amounts falling due within one year 7 30,222 29,092
NET CURRENT ASSETS 105,019 80,083
TOTAL ASSETS LESS CURRENT
LIABILITIES

114,461

88,392

CAPITAL AND RESERVES
Called up share capital 8 4 4
Retained earnings 9 114,457 88,388
SHAREHOLDERS' FUNDS 114,461 88,392

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

TRACK FOCUS DIRECT LIMITED (REGISTERED NUMBER: 08488522)

BALANCE SHEET - continued
30 APRIL 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 October 2023 and were signed on its behalf by:





J N Sharp - Director


TRACK FOCUS DIRECT LIMITED (REGISTERED NUMBER: 08488522)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023


1. STATUTORY INFORMATION

Track Focus Direct Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

TRACK FOCUS DIRECT LIMITED (REGISTERED NUMBER: 08488522)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 May 2022 13,976
Additions 3,090
At 30 April 2023 17,066
DEPRECIATION
At 1 May 2022 5,667
Charge for year 1,957
At 30 April 2023 7,624
NET BOOK VALUE
At 30 April 2023 9,442
At 30 April 2022 8,309

5. STOCKS
2023 2022
£    £   
Stocks 2,520 4,482

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 32,508 28,728
Prepayments 427 392
32,935 29,120

TRACK FOCUS DIRECT LIMITED (REGISTERED NUMBER: 08488522)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 971 -
Trade creditors - 1
Tax 17,209 17,230
VAT 7,818 6,953
Directors' current accounts 4,029 4,907
Accrued expenses 195 1
30,222 29,092

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
4 Ordinary £1 4 4

9. RESERVES
Retained
earnings
£   

At 1 May 2022 88,388
Profit for the year 74,069
Dividends (48,000 )
At 30 April 2023 114,457