Company Registration No. 07626511 (England and Wales)
BADMINTON RACKET REVIEW LTD
Unaudited accounts
for the year ended 31 May 2023
BADMINTON RACKET REVIEW LTD
Unaudited accounts
Contents
BADMINTON RACKET REVIEW LTD
Company Information
for the year ended 31 May 2023
Director
Jagtar Singh Pellay
Company Number
07626511 (England and Wales)
Registered Office
167-169 GREAT PORTLAND STREET
FIFTH FLOOR
LONDON
W1W 5PF
ENGLAND
BADMINTON RACKET REVIEW LTD
Statement of financial position
as at 31 May 2023
Creditors: amounts falling due within one year
(143,573)
(140,326)
Net current liabilities
(118,571)
(116,463)
Total assets less current liabilities
(118,293)
(116,185)
Creditors: amounts falling due after more than one year
2,661
(500)
Net liabilities
(115,632)
(116,685)
Called up share capital
1
1
Profit and loss account
(115,633)
(116,686)
Shareholders' funds
(115,632)
(116,685)
For the year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 February 2024 and were signed on its behalf by
Jagtar Singh Pellay
Director
Company Registration No. 07626511
BADMINTON RACKET REVIEW LTD
Notes to the Accounts
for the year ended 31 May 2023
BADMINTON RACKET REVIEW LTD is a private company, limited by shares, registered in England and Wales, registration number 07626511. The registered office is 167-169 GREAT PORTLAND STREET, FIFTH FLOOR, LONDON, W1W 5PF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 June 2022
278
1,922
2,200
At 31 May 2023
278
1,922
2,200
At 1 June 2022
-
1,922
1,922
At 31 May 2023
-
1,922
1,922
Amounts falling due within one year
Other debtors
23,897
23,863
BADMINTON RACKET REVIEW LTD
Notes to the Accounts
for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
(621)
1,220
Taxes and social security
(4,199)
-
Other creditors
152,160
139,106
Loans from directors
(3,767)
-
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).