Company No:
Contents
DIRECTORS | Mr. Mark David Goodhead |
Mr. David Cooper Prime |
REGISTERED OFFICE | 199 Chiltern Court |
188 Baker Street | |
London | |
NW1 5SD | |
England | |
United Kingdom |
COMPANY NUMBER | 12477367 (England and Wales) |
ACCOUNTANT | OnTheGo Accountants Limited |
330 Holborn Gate | |
High Holborn | |
London | |
WC1V 7QH |
Note | 31.01.2023 | 31.01.2022 | ||
£ | £ | |||
Fixed assets | ||||
Intangible assets | 4 |
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127,200 | 212,000 | |||
Current assets | ||||
Debtors |
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Cash at bank and in hand |
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12,657 | 630,505 | |||
Creditors: amounts falling due within one year | (
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Net current liabilities | (3,663,029) | (1,975,961) | ||
Total assets less current liabilities | (3,535,829) | (1,763,961) | ||
Net liabilities | (
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Capital and reserves | ||||
Called-up share capital | 5 |
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Profit and loss account | (
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Total shareholder's deficit | (
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Directors' responsibilities:
The financial statements of Thornbury Sports Trading Services Ltd (registered number:
Mr. Mark David Goodhead
Director |
Called-up share capital | Profit and loss account | Total | |||
£ | £ | £ | |||
At 01 February 2021 |
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Loss for the financial year |
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Total comprehensive loss |
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At 31 January 2022 |
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At 01 February 2022 |
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Loss for the financial year |
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Total comprehensive loss |
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At 31 January 2023 |
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The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Thornbury Sports Trading Services Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 199 Chiltern Court, 188 Baker Street, London, NW1 5SD, England, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Other intangible assets |
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31.01.2023 | 31.01.2022 | ||
Number | Number | ||
Monthly average number of persons employed by the Company during the year, including directors |
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31.01.2023 | 31.01.2022 | ||
£ | £ | ||
Current tax on loss | |||
UK corporation tax |
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Total current tax |
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Total tax on loss |
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Other intangible assets | Total | ||
£ | £ | ||
Cost | |||
At 01 February 2022 |
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At 31 January 2023 |
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Accumulated amortisation | |||
At 01 February 2022 |
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Charge for the financial year |
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At 31 January 2023 |
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Net book value | |||
At 31 January 2023 |
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At 31 January 2022 |
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31.01.2023 | 31.01.2022 | ||
£ | £ | ||
Allotted, called-up and fully-paid | |||
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Transactions with entities in which the entity itself has a participating interest
31.01.2023 | 31.01.2022 | ||
£ | £ | ||
Amount owed from the company to Longshot Systems Ltd | (715,194) | (255,972) |
During the period there were consultancy services provided to the company by fellow subsidiary Longshot Systems Ltd of £1,575,195 (2022 - £1,497,492).
Transactions with the entity's directors
31.01.2023 | 31.01.2022 | ||
£ | £ | ||
Amount owed from the company to the directors | (2,960,493) | (2,350,494) |
Parent Company:
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199 Chiltern Court, 188 Baker Street, London, England, NW1 5SD |