Company Registration No. 07864595 (England and Wales)
Fearless Putting Limited
Unaudited accounts
for the year ended 30 November 2023
Fearless Putting Limited
Unaudited accounts
Contents
Fearless Putting Limited
Company Information
for the year ended 30 November 2023
Company Number
07864595 (England and Wales)
Registered Office
1 ST. MICHAELS CLOSE
HALTON
AYLESBURY
HP22 5NW
Accountants
K-VS Solutions
6 Whitehall Close
Borehamwood
WD6 1GL
Fearless Putting Limited
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
244
165
Creditors: amounts falling due within one year
(26,384)
(25,999)
Net current liabilities
(26,140)
(25,834)
Net liabilities
(26,140)
(25,834)
Called up share capital
1
1
Profit and loss account
(26,141)
(25,835)
Shareholders' funds
(26,140)
(25,834)
For the year ending 30 November 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 director acknowledges his 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 and authorised for issue on 23 August 2024 and were signed on its behalf by
S Holcroft
Director
Company Registration No. 07864595
Fearless Putting Limited
Notes to the Accounts
for the year ended 30 November 2023
Fearless Putting Limited is a private company, limited by shares, registered in England and Wales, registration number 07864595. The registered office is 1 ST. MICHAELS CLOSE, HALTON, AYLESBURY, HP22 5NW.
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 and all amounts have been rounded to the nearest £.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
The director is of the opinion that the company is a going concern for the foreseeable future, this being at least 12 months from the date on which the balance sheet was signed. At the year end, the company has negative shareholders funds of £26,140 (2022: £25,834), however, the director will continue to support the company. The accounts have therefore been prepared on the going concern basis.
These accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirement to prepare such a statement.
4
Creditors: amounts falling due within one year
2023
2022
Loans from directors
26,102
25,730
Fearless Putting Limited
Notes to the Accounts
for the year ended 30 November 2023
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).