READY SET STAGE LIMITED

Company Registration Number:
10789523 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 1 April 2022

End date: 31 March 2023

READY SET STAGE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Additional notes
Balance sheet notes

READY SET STAGE LIMITED

Balance sheet

As at 31 March 2023

Notes 2023 2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 2,368 1,333
Investments:   0 0
Total fixed assets: 2,368 1,333
Current assets
Stocks:   0 0
Debtors: 4 0 120
Cash at bank and in hand: 7,999 699
Investments:   0 0
Total current assets: 7,999 819
Creditors: amounts falling due within one year: 5 ( 10,499 ) ( 3,900 )
Net current assets (liabilities): (2,500) (3,081)
Total assets less current liabilities: (132) ( 1,748)
Creditors: amounts falling due after more than one year: 6 ( 14,596 ) ( 18,403 )
Total net assets (liabilities): (14,728) (20,151)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (14,828 ) (20,251 )
Total Shareholders' funds: ( 14,728 ) (20,151)

The notes form part of these financial statements

READY SET STAGE LIMITED

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 19 April 2024
and signed on behalf of the board by:

Name: Mr J R N Bellamy
Status: Director

The notes form part of these financial statements

READY SET STAGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    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 policy

    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. Computer equipment- 25% reducing balance

    Other accounting policies

    TaxationTaxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.Deferred taxDeferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

READY SET STAGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 2 2

READY SET STAGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2022 2,371 2,371
Additions 1,713 1,713
Disposals
Revaluations
Transfers
At 31 March 2023 4,084 4,084
Depreciation
At 1 April 2022 1,038 1,038
Charge for year 678 678
On disposals
Other adjustments
At 31 March 2023 1,716 1,716
Net book value
At 31 March 2023 2,368 2,368
At 31 March 2022 1,333 1,333

READY SET STAGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Debtors

2023 2022
£ £
Trade debtors 0 0
Prepayments and accrued income 0 120
Other debtors 0 0
Total 0 120
Debtors due after more than one year: 0 0

READY SET STAGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 2,687 2,687
Taxation and social security 0 0
Other creditors 7,812 1,213
Total 10,499 3,900

READY SET STAGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 14,596 18,403
Total 14,596 18,403