1 September 2022 false No description of principal activity Taxfiler 2023.14 10923628business:PrivateLimitedCompanyLtd2022-09-012023-08-31 109236282022-08-31 109236282022-09-012023-08-31 10923628business:AuditExemptWithAccountantsReport2022-09-012023-08-31 10923628business:FilletedAccounts2022-09-012023-08-31 109236282023-08-31 10923628business:Director12022-09-012023-08-31 10923628business:RegisteredOffice2022-09-012023-08-31 10923628core:WithinOneYear2023-08-31 10923628core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 10923628core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 10923628core:PreviouslyStatedAmount2023-08-31 10923628business:SmallEntities2022-09-012023-08-31 10923628countries:EnglandWales2022-09-012023-08-31 10923628core:PlantMachinery2022-09-012023-08-31 10923628core:PlantMachinery2022-08-31 10923628core:PlantMachinery2023-08-31 10923628business:Director112022-09-012023-08-31 10923628business:Director112022-08-31 10923628business:Director112023-08-31 iso4217:GBP xbrli:pure
Company Registration No. 10923628 (England and Wales)
EXTREME LTD Unaudited accounts for the year ended 31 August 2023
EXTREME LTD Unaudited accounts Contents
Page
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EXTREME LTD Company Information for the year ended 31 August 2023
Director
E A Brickerasio
Company Number
10923628 (England and Wales)
Registered Office
Flat 3 124 High Street Godalming Surrey GU7 1DJ England
Accountants
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN
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EXTREME LTD Accountants' report
Accountants' report to the director of EXTREME LTD on the preparation of the unaudited statutory accounts for the year ended 31 August 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of EXTREME LTD for the year ended 31 August 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of EXTREME LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of EXTREME LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than EXTREME LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that EXTREME LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of EXTREME LTD. You consider that EXTREME LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of EXTREME LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN 2 January 2024
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EXTREME LTD Statement of financial position as at 31 August 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
18,015 
Current assets
Cash at bank and in hand
78,556 
Creditors: amounts falling due within one year
(27,097)
Net current assets
51,459 
Net assets
69,474 
Capital and reserves
Called up share capital
1 
Profit and loss account
69,473 
Shareholders' funds
69,474 
For the year ending 31 August 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 2 January 2024 and were signed on its behalf by
E A Brickerasio Director Company Registration No. 10923628
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EXTREME LTD Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
EXTREME LTD is a private company, limited by shares, registered in England and Wales, registration number 10923628. The registered office is Flat 3 124 High Street, Godalming, Surrey, GU7 1DJ, 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.
3
Accounting policies
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:
Plant & machinery
20% reducing balance
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 September 2022
- 
Additions
21,461 
At 31 August 2023
21,461 
Depreciation
Charge for the year
3,446 
At 31 August 2023
3,446 
Net book value
At 31 August 2023
18,015 
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EXTREME LTD Notes to the Accounts for the year ended 31 August 2023
5
Creditors: amounts falling due within one year
2023 
£ 
Taxes and social security
11,558 
Loans from directors
13,342 
Accruals
2,197 
27,097 
6
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
E A Brickerasio
Directors Loan Accounts
1 
(13,343)
- 
(13,342)
1 
(13,343)
- 
(13,342)
7
Average number of employees
During the year the average number of employees was 0.
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