PLAYERS ONLY CLOTHING LIMITED

Company Registration Number:
13821717 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2022

(Dormant)

Period of accounts

Start date: 30 December 2021

End date: 31 December 2022

PLAYERS ONLY CLOTHING LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

PLAYERS ONLY CLOTHING LIMITED

Company Information

for the Period Ended 31 December 2022




Registered office: 2a
Connaught Avenue
Chingford
London
GBR
E4 7AA
Company Registration Number: 13821717 (England and Wales)

PLAYERS ONLY CLOTHING LIMITED

Balance sheet

As at 31 December 2022


Notes

2022
£
Fixed assets
Intangible assets: 4 0
Tangible assets: 5 5,000
Total fixed assets: 5,000
Current assets
Stocks: 0
Debtors: 6 0
Cash at bank and in hand: 200
Total current assets: 200
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 7 ( 7,000 )
Net current assets (liabilities): ( 6,800 )
Total assets less current liabilities: ( 1,800 )
Creditors: amounts falling due after more than one year: 8 ( 14,950 )
Provision for liabilities: ( 1,000 )
Accruals and deferred income: ( 0 )
Total net assets (liabilities): ( 17,750 )

The notes form part of these financial statements

PLAYERS ONLY CLOTHING LIMITED

Balance sheet continued

As at 31 December 2022


Notes

2022
£
Capital and reserves
Called up share capital: 250
Revaluation reserve: 0
Profit and loss account: ( 18,000 )
Shareholders funds: ( 17,750 )

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.

For the year ending 31 December 2022 the company was entitled to exemption under section 480 of the Companies Act 2006 relating to dormant companies.

This report was approved by the board of directors on 7 November 2023
And Signed On Behalf Of The Board By:

Name: Duke Ted Armah
Status: Director

The notes form part of these financial statements

PLAYERS ONLY CLOTHING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 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

PLAYERS ONLY CLOTHING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 2. Employees


    2022
    Average number of employees during the period 1

PLAYERS ONLY CLOTHING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 3. Off balance sheet disclosure

    No

PLAYERS ONLY CLOTHING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Intangible assets

Goodwill Total
Cost £ £
Additions 0 0
Disposals ( 0 ) ( 0 )
Revaluations 0 0
Transfers 0 0
At 31 December 2022 0 0
Amortisation
Charge for year 0 0
On disposals ( 0 ) ( 0 )
Other adjustments 0 0
Amortisation at 31 December 2022 0 0
Net book value
Net book value at 31 December 2022 0 0

the few intangible assets for the company includes the name of the company as a trade mark and few designs registered privately

PLAYERS ONLY CLOTHING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Tangible assets

Office equipment Total
Cost £ £
Additions 7,000 7,000
Disposals ( 1,000 ) ( 1,000 )
Revaluations 500 500
Transfers ( 1,500 ) ( 1,500 )
At 31 December 2022 5,000 5,000
Depreciation
Charge for year - -
On disposals - -
Other adjustments 0 0
At 31 December 2022 0 0
Net book value
At 31 December 2022 5,000 5,000

at the start of the company I purchased three laptops, a used car and a few materials for sampling the product

PLAYERS ONLY CLOTHING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Debtors


2022
£
Trade debtors 0
Prepayments and accrued income 0
Total 0

for the tax year I managed to pay everything by my personal credit cards, as such I do not have any debtors

PLAYERS ONLY CLOTHING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

7.Creditors: amounts falling due within one year note


2022
£
Bank loans and overdrafts 7,000
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 0
Taxation and social security 0
Accruals and deferred income 0
Other creditors 0
Total 7,000

as the only employee and director of the I do not expect to be paid wages until the company turns profit and can afford, however I have managed to pay for overdrafts and interest payments on the credit cards interest payments I have used for the company including some capital provided by credit card companies

PLAYERS ONLY CLOTHING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

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


2022
£
Bank loans and overdrafts 4,000
Amounts due under finance leases and hire purchase contracts 10,000
Other creditors 950
Total 14,950

this amount is due to telephone services ,subscriptions maintanance of company website. etc