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REGISTERED NUMBER: 02764651 (England and Wales)











Financial Statements

for the Year Ended 28 February 2023

for

EXTREME FACILITIES LIMITED

EXTREME FACILITIES LIMITED (REGISTERED NUMBER: 02764651)






Contents of the Financial Statements
FOR THE YEAR ENDED 28 FEBRUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EXTREME FACILITIES LIMITED

Company Information
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTOR: A G Schaale





SECRETARY: K L Schaale





REGISTERED OFFICE: Meadow Platt
Ranmore Common
Dorking
Surrey
RH5 6SX





REGISTERED NUMBER: 02764651 (England and Wales)





ACCOUNTANTS: Marchant Lewis Limited
105a Caversham Avenue
London
N13 4LL

EXTREME FACILITIES LIMITED (REGISTERED NUMBER: 02764651)

Balance Sheet
28 FEBRUARY 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 32,277 42,116
Investment property 5 381,876 381,876
414,153 423,992

CURRENT ASSETS
Stocks 6,995 8,395
Debtors 6 133,975 108,600
Investments 7 66,584 66,584
Cash at bank 5,573 3,348
213,127 186,927
CREDITORS
Amounts falling due within one year 8 63,240 47,366
NET CURRENT ASSETS 149,887 139,561
TOTAL ASSETS LESS CURRENT
LIABILITIES

564,040

563,553

CREDITORS
Amounts falling due after more than one year 9 52,929 67,886
NET ASSETS 511,111 495,667

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 511,109 495,665
SHAREHOLDERS' FUNDS 511,111 495,667

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.

EXTREME FACILITIES LIMITED (REGISTERED NUMBER: 02764651)

Balance Sheet - continued
28 FEBRUARY 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 director and authorised for issue on 20 November 2023 and were signed by:





A G Schaale - Director


EXTREME FACILITIES LIMITED (REGISTERED NUMBER: 02764651)

Notes to the Financial Statements
FOR THE YEAR ENDED 28 FEBRUARY 2023

1. STATUTORY INFORMATION

EXTREME FACILITIES 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 and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 25% on reducing balance
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

EXTREME FACILITIES LIMITED (REGISTERED NUMBER: 02764651)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 28 FEBRUARY 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 3 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 March 2022 25,021 116,409 160,296
Additions - - 920
At 28 February 2023 25,021 116,409 161,216
DEPRECIATION
At 1 March 2022 23,526 104,074 151,269
Charge for year 374 3,084 2,487
At 28 February 2023 23,900 107,158 153,756
NET BOOK VALUE
At 28 February 2023 1,121 9,251 7,460
At 28 February 2022 1,495 12,335 9,027

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 March 2022 106,236 3,916 411,878
Additions - - 920
At 28 February 2023 106,236 3,916 412,798
DEPRECIATION
At 1 March 2022 89,914 979 369,762
Charge for year 4,080 734 10,759
At 28 February 2023 93,994 1,713 380,521
NET BOOK VALUE
At 28 February 2023 12,242 2,203 32,277
At 28 February 2022 16,322 2,937 42,116

EXTREME FACILITIES LIMITED (REGISTERED NUMBER: 02764651)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2022
and 28 February 2023 381,876
NET BOOK VALUE
At 28 February 2023 381,876
At 28 February 2022 381,876

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 52,986 22,143
Other debtors 80,989 86,457
133,975 108,600

7. CURRENT ASSET INVESTMENTS
28.2.23 28.2.22
£    £   
Other 66,584 66,584

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 40,363 25,138
Trade creditors 14,041 13,939
Taxation and social security 3,721 2,600
Other creditors 5,115 5,689
63,240 47,366

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Bank loans 52,929 67,886

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 52,929 67,886