Company Registration No. 08120720 (England and Wales)
SIMPLY CRICKET LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
PAGES FOR FILING WITH REGISTRAR
LB GROUP
The Octagon Suite E2
2nd Floor Middleborough
Colchester
Essex
CO1 1TG
SIMPLY CRICKET LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
SIMPLY CRICKET LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
30 JUNE 2023
30 June 2023
- 1 -
2023
2022
Notes
£
£
£
£
Current assets
Stocks
9,013
9,379
Debtors
3
126
-
0
Cash at bank and in hand
129
445
9,268
9,824
Creditors: amounts falling due within one year
4
(19,270)
(18,774)
Net current liabilities
(10,002)
(8,950)
Capital and reserves
Called up share capital
150
150
Profit and loss reserves
(10,152)
(9,100)
Total equity
(10,002)
(8,950)

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 11 March 2024 and are signed on its behalf by:
Mr C Perrin
Director
Company Registration No. 08120720
SIMPLY CRICKET LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
- 2 -
1
Accounting policies
Company information

Simply Cricket Limited is a private company limited by shares incorporated in England and Wales. The registered office is Curium, The Street, Freston, Ipswich, Suffolk, UK, IP9 1AH.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

The company had net liabilities at the balance sheet date. However, in the opinion of the directors the company will have sufficient working capital to meet all future liabilities as they fall due. Consequently the financial statements have been prepared on a going concern basis.true

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.4
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

SIMPLY CRICKET LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
1
Accounting policies
(Continued)
- 3 -
1.8
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

 

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
3
3
3
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
126
-
0
4
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
103
-
0
Other creditors
19,167
18,774
19,270
18,774
5
Directors' transactions

No guarantees have been given or received.

2023-06-302022-07-01false11 March 2024CCH SoftwareCCH Accounts Production 2023.300No description of principal activityMr A PerrinMr C PerrinMr L Perrinfalse081207202022-07-012023-06-30081207202023-06-30081207202022-06-3008120720core:CurrentFinancialInstrumentscore:WithinOneYear2023-06-3008120720core:CurrentFinancialInstrumentscore:WithinOneYear2022-06-3008120720core:CurrentFinancialInstruments2023-06-3008120720core:CurrentFinancialInstruments2022-06-3008120720core:ShareCapital2023-06-3008120720core:ShareCapital2022-06-3008120720core:RetainedEarningsAccumulatedLosses2023-06-3008120720core:RetainedEarningsAccumulatedLosses2022-06-3008120720bus:Director22022-07-012023-06-30081207202021-07-012022-06-3008120720bus:PrivateLimitedCompanyLtd2022-07-012023-06-3008120720bus:SmallCompaniesRegimeForAccounts2022-07-012023-06-3008120720bus:FRS1022022-07-012023-06-3008120720bus:AuditExemptWithAccountantsReport2022-07-012023-06-3008120720bus:Director12022-07-012023-06-3008120720bus:Director32022-07-012023-06-3008120720bus:FullAccounts2022-07-012023-06-30xbrli:purexbrli:sharesiso4217:GBP