Company Registration No. 12008529 (England and Wales)
Xtreme Newark Ltd
Unaudited accounts
for the year ended 31 May 2024
Xtreme Newark Ltd
Unaudited accounts
Contents
Xtreme Newark Ltd
Company Information
for the year ended 31 May 2024
Directors
Mr Scott Ashcroft
Mr Sajid Aziz
Company Number
12008529 (England and Wales)
Registered Office
42-44 Adelaide Street
Bradford
BD5 0EA
UNITED KINGDOM
Accountants
Axiom Accountants Ltd
42-44 Adelaide Street
Bradford
West Yorkshire
BD5 0EA
Xtreme Newark Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
10,912
3,555
Cash at bank and in hand
8,379
9,940
Creditors: amounts falling due within one year
(4,397)
(2,135)
Net current assets
18,097
25,274
Total assets less current liabilities
29,009
28,829
Creditors: amounts falling due after more than one year
(41,816)
(39,188)
Net liabilities
(12,807)
(10,359)
Called up share capital
100
100
Profit and loss account
(12,907)
(10,459)
Shareholders' funds
(12,807)
(10,359)
For the year ending 31 May 2024 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 30 July 2024 and were signed on its behalf by
Mr Sajid Aziz
Director
Company Registration No. 12008529
Xtreme Newark Ltd
Notes to the Accounts
for the year ended 31 May 2024
Xtreme Newark Ltd is a private company, limited by shares, registered in England and Wales, registration number 12008529. The registered office is 42-44 Adelaide Street, Bradford, BD5 0EA, UNITED KINGDOM.
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.
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:
Plant & machinery
18% Reducing balance basis
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Xtreme Newark Ltd
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,937
-
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
21,246
19,109
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).