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REGISTERED NUMBER: 02790565 (England and Wales)














Unaudited Financial Statements

for the Year Ended 28 February 2023

for

Liam David Limited

Liam David Limited (Registered number: 02790565)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Balance Sheet 1

Notes to the Financial Statements 2


Liam David Limited (Registered number: 02790565)

Balance Sheet
28 February 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,082 878

CURRENT ASSETS
Debtors 5 25,759 22,785
Cash at bank and in hand 543,193 609,164
568,952 631,949
CREDITORS
Amounts falling due within one year 6 60,645 49,553
NET CURRENT ASSETS 508,307 582,396
TOTAL ASSETS LESS CURRENT LIABILITIES 509,389 583,274

PROVISIONS FOR LIABILITIES 73 5
NET ASSETS 509,316 583,269

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 509,216 583,169
SHAREHOLDERS' FUNDS 509,316 583,269

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 October 2023 and were signed by:





Mr L D Griffiths - Director


Liam David Limited (Registered number: 02790565)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Liam David Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 02790565

Registered office: Spring Court
Spring Road
Hale
Altrincham
Cheshire
WA14 2UQ

The presentation currency of the financial statements is the Pound Sterling (£).


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.

After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, being the 12 month period from the date of these accounts being approved.

Turnover
Turnover represents net invoiced sale of goods, excluding value added tax, on the completion of customer orders. Any order not delivered to the customer at the year end, is held in closing stock until the delivery of the goods.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

3. EMPLOYEES AND DIRECTORS

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

Liam David Limited (Registered number: 02790565)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2022 - 958 958
Additions 439 - 439
At 28 February 2023 439 958 1,397
DEPRECIATION
At 1 March 2022 - 80 80
Charge for year 59 176 235
At 28 February 2023 59 256 315
NET BOOK VALUE
At 28 February 2023 380 702 1,082
At 28 February 2022 - 878 878

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 8,199 8,199
Other debtors 17,560 14,586
25,759 22,785

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 6,193 6,032
Taxation and social security - 757
Other creditors 54,452 42,764
60,645 49,553

7. RELATED PARTY DISCLOSURES

As at 28th February 2023, the company owes £nil (2022 : £145) to The Beautiful Game Limited.

8. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr L and Mrs N Griffiths, by virtue of their 100% holding of the issued ordinary share capital.