REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 7 June 2022 to 30 June 2023 |
for |
Black Swan Tennis Ltd |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 7 June 2022 to 30 June 2023 |
for |
Black Swan Tennis Ltd |
Black Swan Tennis Ltd (Registered number: 14157399) |
Contents of the Financial Statements |
for the Period 7 June 2022 to 30 June 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Black Swan Tennis Ltd |
Company Information |
for the Period 7 June 2022 to 30 June 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Bennett House |
The Dean |
Alresford |
Hampshire |
SO24 9BH |
Black Swan Tennis Ltd (Registered number: 14157399) |
Balance Sheet |
30 June 2023 |
Notes | £ |
CURRENT ASSETS |
Stocks |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
The directors acknowledge their 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Black Swan Tennis Ltd (Registered number: 14157399) |
Notes to the Financial Statements |
for the Period 7 June 2022 to 30 June 2023 |
1. | STATUTORY INFORMATION |
Black Swan Tennis Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The directors consider the use of the going concern basis of accounting appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern. The financial statements have therefore been prepared on a going concern basis. The directors have confirmed that they will continue to support the company and will not recall their loans if it would render the company unable to pay its liabilities as they fall due. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
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 period 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 period 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 period was |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
VAT |
Black Swan Tennis Ltd (Registered number: 14157399) |
Notes to the Financial Statements - continued |
for the Period 7 June 2022 to 30 June 2023 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Directors' current accounts | 29,999 |
Accrued expenses |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | 33.33 | p | 1 |
3 Ordinary shares of 33.33p were issued during the period |
7. | RELATED PARTY DISCLOSURES |
Amounts due to related parties at the balance sheet date: | £ |
Mr A Burgis - director | 9,999 |
Mr R Ketzscher - director | 10,000 |
Mr V Singh - director | 10,000 |
29,999 |