SLOW BOAT 666 LIMITED |
Registered number: |
08777153 |
Balance Sheet |
as at 30 November 2023 |
|
Notes |
|
|
2023 |
|
|
2022 |
£ |
£ |
Current assets |
Stocks |
|
|
1,792 |
|
|
1,762 |
Cash at bank and in hand |
|
|
9,163 |
|
|
7,450 |
|
|
|
10,955 |
|
|
9,212 |
|
Creditors: amounts falling due within one year |
4 |
|
(29,840) |
|
|
(28,739) |
|
Net current liabilities |
|
|
|
(18,885) |
|
|
(19,527) |
|
Total assets less current liabilities |
|
|
|
(18,885) |
|
|
(19,527) |
|
Net liabilities |
|
|
|
(18,885) |
|
|
(19,527) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
1 |
|
|
1 |
Profit and loss account |
|
|
|
(18,886) |
|
|
(19,528) |
|
Shareholder's funds |
|
|
|
(18,885) |
|
|
(19,527) |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
MR XING YONG XU |
Director |
Approved by the board on 1 August 2024 |
|
Notes to the Accounts |
for the year ended 30 November 2023 |
|
|
|
1 |
Statutory Information |
|
|
Slow Boat 666 Limited is a private company, limited by shares, registered in England and Wales. The Company's registration number and registered office and address can be found on the Company information page. |
|
|
|
2 |
Accounting policies |
|
|
These financials have been prepared in accrdance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic f Irland" and the Companies ACT 2006. The financial statements have been prepared under the historical cost covention. |
|
|
|
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
3 |
Employees |
2023 |
|
2022 |
Number |
Number |
|
|
Average number of persons employed by the company |
3 |
|
3 |
|
|
|
|
|
|
|
|
|
4 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
£ |
£ |
|
|
Bank loans and overdrafts |
4,176 |
|
Trade creditors |
- |
|
3,933 |
|
Taxation and social security costs |
5,454 |
|
4,596 |
|
Other creditors |
20,210 |
|
20,210 |
|
|
|
|
|
|
29,840 |
|
28,739 |
|
|
|
|
|
|
|
|
|
|
5 |
Other information |
|
|
SLOW BOAT 666 LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
77 Queens Road |
|
Keynsham |
|
Bristol |
|
United Kingdom |
|
BS31 2NW |