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REGISTERED NUMBER: 10807289 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

LUKE HUMPHRIES DART PROMOTIONS LIMITED

LUKE HUMPHRIES DART PROMOTIONS LIMITED (REGISTERED NUMBER: 10807289)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LUKE HUMPHRIES DART PROMOTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTOR: L Humphries





REGISTERED OFFICE: 4 Office Village
Forder Way
Cygnet Park, Hampton
Peterborough
Cambridgeshire
PE7 8GX





REGISTERED NUMBER: 10807289 (England and Wales)





ACCOUNTANTS: TC Group
4 Office Village
Forder Way
Cygnet Park, Hampton
Peterborough
Cambridgeshire
PE7 8GX

LUKE HUMPHRIES DART PROMOTIONS LIMITED (REGISTERED NUMBER: 10807289)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,179 930
Investments 5 190,969 -
192,148 930

CURRENT ASSETS
Debtors 6 17,214 25,800
Cash at bank 187,948 260,726
205,162 286,526
CREDITORS
Amounts falling due within one year 7 66,244 69,210
NET CURRENT ASSETS 138,918 217,316
TOTAL ASSETS LESS CURRENT LIABILITIES 331,066 218,246

PROVISIONS FOR LIABILITIES 8 241 177
NET ASSETS 330,825 218,069

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 330,725 217,969
SHAREHOLDERS' FUNDS 330,825 218,069

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

LUKE HUMPHRIES DART PROMOTIONS LIMITED (REGISTERED NUMBER: 10807289)

BALANCE SHEET - continued
30 JUNE 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 3 April 2024 and were signed by:





L Humphries - Director


LUKE HUMPHRIES DART PROMOTIONS LIMITED (REGISTERED NUMBER: 10807289)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

Luke Humphries Dart Promotions 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

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
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

At each balance sheet date assets not carried at fair value are assessed to determine whether there is an indication that the asset may be impaired. If there is such an indication the recoverable amount of the asset is compared to the carrying amount of the asset.

Financial instruments
The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost.

Financial liabilities - trade creditors, accruals and other creditors and basic financial instruments and are measured at amortised cost. Taxation and social security and not included in the financial instruments disclosure definition.

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.


LUKE HUMPHRIES DART PROMOTIONS LIMITED (REGISTERED NUMBER: 10807289)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


2. ACCOUNTING POLICIES - continued
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.

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.

Debtors
Short term debtors are initially measured at transaction price less attributable costs and then subsequently measured at amortised costs using EIR. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade creditors are initially measured at transaction price less attributable costs. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Investment assets
Investment assets are held at fair value. Any gain or loss arising from changes in fair value is recognised in profit and loss. Deferred tax is provided for against the fair value movements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2022 4,085 - 4,085
Additions 1,053 707 1,760
At 30 June 2023 5,138 707 5,845
DEPRECIATION
At 1 July 2022 3,155 - 3,155
Charge for year 930 581 1,511
At 30 June 2023 4,085 581 4,666
NET BOOK VALUE
At 30 June 2023 1,053 126 1,179
At 30 June 2022 930 - 930

LUKE HUMPHRIES DART PROMOTIONS LIMITED (REGISTERED NUMBER: 10807289)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
Additions 329,252
Disposals (138,052 )
Revaluations (231 )
At 30 June 2023 190,969
NET BOOK VALUE
At 30 June 2023 190,969

Cost or valuation at 30 June 2023 is represented by:

Other
investments
£   
Valuation in 2023 (231 )
Cost 191,200
190,969

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 15,237 25,800
Other debtors 1,977 -
17,214 25,800

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 2,971 40
Taxation and social security 39,681 42,121
Other creditors 23,592 27,049
66,244 69,210

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 241 177

Deferred
tax
£   
Balance at 1 July 2022 177
Accelerated capital allowances 64
Balance at 30 June 2023 241

LUKE HUMPHRIES DART PROMOTIONS LIMITED (REGISTERED NUMBER: 10807289)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1.00 100 100

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £38,260 (2022 - £35,000) were paid to the director .

At the year end the director was owed £21,792 (2022 - £25,349). This loan is unsecured, interest free and repayable on demand.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is L Humphries.