Company Registration No. 12410925 (England and Wales)
FIREBALL SESSIONS LTD
Unaudited accounts
for the year ended 31 January 2023
FIREBALL SESSIONS LTD
Unaudited accounts
Contents
FIREBALL SESSIONS LTD
Company Information
for the year ended 31 January 2023
Directors
Mpho McKenzie
Joshua McKenzie
Company Number
12410925 (England and Wales)
Registered Office
11 POVEY HOUSE TULSE HILL
LONDON
SW2 2LR
ENGLAND
Accountants
Taxez
5 South Charlotte Street
Edinburgh
EH2 4AN
FIREBALL SESSIONS LTD
Statement of financial position
as at 31 January 2023
Cash at bank and in hand
403
1,425
Creditors: amounts falling due within one year
(19,404)
(13,933)
Net current assets
31,837
389
Called up share capital
11
11
Profit and loss account
32,526
1,341
Shareholders' funds
32,537
1,352
For the year ending 31 January 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 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 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 of Directors and authorised for issue on 31 March 2024 and were signed on its behalf by
Mpho McKenzie
Director
Company Registration No. 12410925
FIREBALL SESSIONS LTD
Notes to the Accounts
for the year ended 31 January 2023
FIREBALL SESSIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 12410925. The registered office is 11 POVEY HOUSE TULSE HILL, LONDON, SW2 2LR, 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.
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.
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% Straight line
4
Tangible fixed assets
Plant & machinery
FIREBALL SESSIONS LTD
Notes to the Accounts
for the year ended 31 January 2023
Amounts falling due within one year
Other debtors
46,105
6,164
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
15,871
7,704
Loans from directors
165
3,400
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director loan
6,164
46,104
6,164
46,105
6,164
46,104
6,164
46,105
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).