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Registration number: 08238525

Running Shoes Ltd

Annual Report and Unaudited Abridged Financial Statements

for the Year Ended 31 December 2022

 

Running Shoes Ltd

Contents

Company Information

1

Abridged Balance Sheet

2 to 3

Notes to the Unaudited Abridged Financial Statements

4 to 5

 

Running Shoes Ltd

Company Information

Director

Mr D MacFarlane

Registered office

261 Otley Road
Headingley
Leeds
West Yorkshire
LS16 5LQ

Accountants

Hudson Lees Limited
5 Hornbeam Square South
Hornbeam Business Park
Harrogate
North Yorkshire
HG2 8NB

 

Running Shoes Ltd

(Registration number: 08238525)
Abridged Balance Sheet as at 31 December 2022

Note

2022
£

2021
£

Fixed assets

 

Tangible assets

4

33,945

53,201

Current assets

 

Debtors

8,160

5,739

Cash at bank and in hand

 

53,958

63,686

 

62,118

69,425

Prepayments and accrued income

 

2,378

-

Creditors: Amounts falling due within one year

(371,079)

(190,459)

Net current liabilities

 

(306,583)

(121,034)

Total assets less current liabilities

 

(272,638)

(67,833)

Accruals and deferred income

 

(1,566)

(1,566)

Net liabilities

 

(274,204)

(69,399)

Capital and reserves

 

Called up share capital

5

2

2

Retained earnings

(274,206)

(69,401)

Shareholders' deficit

 

(274,204)

(69,399)

For the financial year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

 

Running Shoes Ltd

(Registration number: 08238525)
Abridged Balance Sheet as at 31 December 2022

Approved and authorised by the director on 25 July 2023
 

.........................................
Mr D MacFarlane
Director

 

Running Shoes Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2022

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
261 Otley Road
Headingley
Leeds
West Yorkshire
LS16 5LQ

These financial statements were authorised for issue by the director on 25 July 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Website development costs

25% of cost

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 3 (2021 - 3).

 

Running Shoes Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2022

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 January 2022

77,025

77,025

At 31 December 2022

77,025

77,025

Depreciation

At 1 January 2022

23,824

23,824

Charge for the year

19,256

19,256

At 31 December 2022

43,080

43,080

Carrying amount

At 31 December 2022

33,945

33,945

At 31 December 2021

53,201

53,201

5

Share capital

Allotted, called up and fully paid shares

 

2022

2021

 

No.

£

No.

£

Ordinary shares of £1 each

2

2

2

2