Company Registration No. 11943042 (England and Wales)
Padel4All Limited
Unaudited accounts
for the year ended 30 June 2023
Padel4All Limited
Unaudited accounts
Contents
Padel4All Limited
Company Information
for the year ended 30 June 2023
Directors
Kevin McCollum
Dax Mellor
Charles Whelpton
Christopher Wilkinson
Nicholas Yates
Company Number
11943042 (England and Wales)
Registered Office
C/O CLOUDSOURCE SOLUTIONS LTD UNIT 22 ER
KELVIN ROAD
SWINDON
SN3 3JW
ENGLAND
Padel4All Limited
Statement of financial position
as at 30 June 2023
Tangible assets
1,793,970
1,484,803
Cash at bank and in hand
873,438
1,250,097
Creditors: amounts falling due within one year
(404,609)
(71,698)
Net current assets
577,657
1,317,278
Net assets
2,379,777
2,802,081
Called up share capital
56,748
56,748
Profit and loss account
2,323,029
2,745,333
Shareholders' funds
2,379,777
2,802,081
For the year ending 30 June 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 19 January 2024 and were signed on its behalf by
Kevin McCollum
Director
Company Registration No. 11943042
Padel4All Limited
Notes to the Accounts
for the year ended 30 June 2023
Padel4All Limited is a private company, limited by shares, registered in England and Wales, registration number 11943042. The registered office is C/O CLOUDSOURCE SOLUTIONS LTD UNIT 22 ER, KELVIN ROAD, SWINDON, SN3 3JW, ENGLAND.
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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:
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Intangible fixed assets
Other
Padel4All Limited
Notes to the Accounts
for the year ended 30 June 2023
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2022
1,527,886
13,740
1,432
1,543,058
Additions
414,632
7,943
9,647
432,222
At 30 June 2023
1,942,518
21,683
11,079
1,975,280
At 1 July 2022
56,925
1,242
88
58,255
Charge for the year
112,930
6,877
3,248
123,055
At 30 June 2023
169,855
8,119
3,336
181,310
At 30 June 2023
1,772,663
13,564
7,743
1,793,970
At 30 June 2022
1,470,961
12,498
1,344
1,484,803
Amounts falling due within one year
Accrued income and prepayments
31,080
13,118
Other debtors
55,482
56,966
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
26,371
27,229
Taxes and social security
11,078
4,824
Loans from directors
146
270
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Average number of employees
During the year the average number of employees was 15 (2022: 10).