Padel Punk Limited SC732263 true 2023-06-01 2024-01-31 2024-01-31 The principal activity of the company is has been operating a padel tennis club,and providing coaching Digita Accounts Production Advanced 6.30.9574.0 true Gordon Alan Watson true SC732263 2023-06-01 2024-01-31 SC732263 2024-01-31 SC732263 bus:OrdinaryShareClass1 2024-01-31 SC732263 core:ShareCapital 2024-01-31 SC732263 core:CurrentFinancialInstruments 2024-01-31 SC732263 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 SC732263 bus:FRS102 2023-06-01 2024-01-31 SC732263 bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-01-31 SC732263 bus:FullAccounts 2023-06-01 2024-01-31 SC732263 bus:RegisteredOffice 2023-06-01 2024-01-31 SC732263 bus:Director1 2023-06-01 2024-01-31 SC732263 bus:OrdinaryShareClass1 2023-06-01 2024-01-31 SC732263 bus:EntityHasNeverTraded 2023-06-01 2024-01-31 SC732263 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-01-31 SC732263 countries:Scotland 2023-06-01 2024-01-31 SC732263 2023-05-31 SC732263 bus:OrdinaryShareClass1 2023-05-31 SC732263 core:ShareCapital 2023-05-31 SC732263 core:CurrentFinancialInstruments 2023-05-31 SC732263 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: SC732263

Padel Punk Limited

Annual Report and Unaudited Financial Statements

for the Period from 1 June 2023 to 31 January 2024

 

Padel Punk Limited

Profit and Loss Account for the Period from 1 June 2023 to 31 January 2024

The company has not traded during the period. During this period, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Padel Punk Limited

(Registration number: SC732263)
Balance Sheet as at 31 January 2024

Note

2024
£

2023
£

Current assets

 

Debtors

3

100

100

Capital and reserves

 

Called up share capital

4

100

100

Shareholders' funds

 

100

100

For the financial period ending 31 January 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 6 March 2024
 

.........................................
Gordon Alan Watson
Director

 

Padel Punk Limited

Notes to the Financial Statements for the Period from 1 June 2023 to 31 January 2024

1

General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
2 Campbell Place
Falkirk
FK2 7GQ

These financial statements were authorised for issue by the director on 6 March 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Debtors

Current

2024
£

2023
£

Other debtors

100

100

 

100

100

 

Padel Punk Limited

Notes to the Financial Statements for the Period from 1 June 2023 to 31 January 2024

4

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100