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Company Registration No. 08553301 (England and Wales)
12 Rounds Boxing Ltd Unaudited accounts for the year ended 30 June 2023
12 Rounds Boxing Ltd Unaudited accounts Contents
Page
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12 Rounds Boxing Ltd Company Information for the year ended 30 June 2023
Directors
Ms Hamilton Ms McGuckian Ms L Ballantine
Company Number
08553301 (England and Wales)
Registered Office
2A BOWOOD ROAD LONDON SW11 6PE ENGLAND
Accountants
TILLEYS ACCOUNTANCY LIMITED Bizspace Unit 31 Courtwick Lane Littlehampton West Sussex BN17 7TL
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12 Rounds Boxing Ltd Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,846 
6,511 
Current assets
Debtors
52,694 
62,718 
Cash at bank and in hand
14,349 
36,392 
67,043 
99,110 
Creditors: amounts falling due within one year
(32,323)
(59,800)
Net current assets
34,720 
39,310 
Total assets less current liabilities
40,566 
45,821 
Creditors: amounts falling due after more than one year
(37,431)
(43,236)
Net assets
3,135 
2,585 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
3,035 
2,485 
Shareholders' funds
3,135 
2,585 
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 28 October 2023 and were signed on its behalf by
Ms Hamilton Director Company Registration No. 08553301
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12 Rounds Boxing Ltd Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
12 Rounds Boxing Ltd is a private company, limited by shares, registered in England and Wales, registration number 08553301. The registered office is 2A BOWOOD ROAD, LONDON, SW11 6PE, ENGLAND.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
Depreciation 25% Reducing Balance
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2022
- 
49,459 
395 
49,854 
Additions
5,500 
104 
96 
5,700 
At 30 June 2023
5,500 
49,563 
491 
55,554 
Depreciation
At 1 July 2022
- 
43,244 
99 
43,343 
Charge for the year
575 
5,608 
182 
6,365 
At 30 June 2023
575 
48,852 
281 
49,708 
Net book value
At 30 June 2023
4,925 
711 
210 
5,846 
At 30 June 2022
- 
6,215 
296 
6,511 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
52,694 
58,438 
Amounts falling due after more than one year
Trade debtors
- 
4,280 
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12 Rounds Boxing Ltd Notes to the Accounts for the year ended 30 June 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
6,389 
6,389 
VAT
11,602 
11,883 
Trade creditors
1,801 
1,311 
Taxes and social security
2,223 
9,571 
Other creditors
406 
- 
Loans from directors
9,902 
30,646 
32,323 
59,800 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
37,431 
43,236 
8
Average number of employees
During the year the average number of employees was 4 (2022: 4).
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