Company registration number 8080522 (England and Wales)
BELIEVE THE IMPOSSIBLE LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023
PAGES FOR FILING WITH REGISTRAR
BELIEVE THE IMPOSSIBLE LTD
BALANCE SHEET
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2023
2022
£
£
£
£
Current assets
15,591
15,527
Prepayments and accrued income
53
Creditors: amounts falling due within one year
(23,051)
(47,445)
Net current liabilities
(7,460)
(31,865)
Creditors: amounts falling due after more than one year
185
31,206
Net liabilities
(7,275)
(659)
Capital and reserves
(7,275)
(659)
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
As of the company yearend 31 May 2023 the director Mr Richard Stephens owed the company £10,230.15 in overpaid salary and £312.61 in overpaid expenses. The company owed the director Mr Richard Stephens £10,358.01 in a form of directors loan.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
1
1
Believe The Impossible LTD is a private company limited by shares incorporated in England and Wales. The registered office is The Forge, Church Villas, Shadforth, Co. Durham, England, DH6 1LQ.
For the year ended 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
BELIEVE THE IMPOSSIBLE LTD
BALANCE SHEET (CONTINUED)
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The financial statements were approved and signed by the director and authorised for issue on 19 February 2024
Mr Richard STEPHENS
Director
Company registration number 8080522 (England and Wales)