IRIS Accounts Production v24.2.0.383 13281916 Board of Directors 1.4.23 31.12.23 31.12.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh132819162023-03-31132819162023-12-31132819162023-04-012023-12-31132819162022-03-31132819162022-04-012023-03-31132819162023-03-3113281916ns15:EnglandWales2023-04-012023-12-3113281916ns14:PoundSterling2023-04-012023-12-3113281916ns10:Director12023-04-012023-12-3113281916ns10:PrivateLimitedCompanyLtd2023-04-012023-12-3113281916ns10:SmallEntities2023-04-012023-12-3113281916ns10:AuditExempt-NoAccountantsReport2023-04-012023-12-3113281916ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012023-12-3113281916ns10:SmallCompaniesRegimeForAccounts2023-04-012023-12-3113281916ns10:FullAccounts2023-04-012023-12-3113281916ns5:CurrentFinancialInstruments2023-12-3113281916ns5:CurrentFinancialInstruments2023-03-3113281916ns5:ShareCapital2023-12-3113281916ns5:ShareCapital2023-03-3113281916ns5:SharePremium2023-12-3113281916ns5:SharePremium2023-03-3113281916ns5:RetainedEarningsAccumulatedLosses2023-12-3113281916ns5:RetainedEarningsAccumulatedLosses2023-03-3113281916ns10:RegisteredOffice2023-04-012023-12-3113281916ns5:PlantMachinery2023-04-012023-12-3113281916ns5:FurnitureFittings2023-04-012023-12-3113281916ns5:PlantMachinery2023-03-3113281916ns5:FurnitureFittings2023-03-3113281916ns5:ComputerEquipment2023-03-3113281916ns5:ComputerEquipment2023-04-012023-12-3113281916ns5:PlantMachinery2023-12-3113281916ns5:FurnitureFittings2023-12-3113281916ns5:ComputerEquipment2023-12-3113281916ns5:PlantMachinery2023-03-3113281916ns5:FurnitureFittings2023-03-3113281916ns5:ComputerEquipment2023-03-3113281916ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3113281916ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 13281916 (England and Wales)
























WORLD SENIORS DARTS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2023 TO 31 DECEMBER 2023






WORLD SENIORS DARTS LTD (REGISTERED NUMBER: 13281916)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 31 DECEMBER 2023










Page

Balance Sheet 1

Notes to the Financial Statements 2


WORLD SENIORS DARTS LTD (REGISTERED NUMBER: 13281916)

BALANCE SHEET
31 DECEMBER 2023

2023 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,509 21,585

CURRENT ASSETS
Debtors 5 2,677 87,115
Cash at bank 173,643 83,152
176,320 170,267
CREDITORS
Amounts falling due within one year 6 129,155 123,077
NET CURRENT ASSETS 47,165 47,190
TOTAL ASSETS LESS CURRENT LIABILITIES 66,674 68,775

PROVISIONS FOR LIABILITIES 3,707 4,101
NET ASSETS 62,967 64,674

CAPITAL AND RESERVES
Called up share capital 1,500 1,500
Share premium 39,700 39,700
Retained earnings 21,767 23,474
62,967 64,674

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 September 2024 and were signed on its behalf by:



J Francis - Director


WORLD SENIORS DARTS LTD (REGISTERED NUMBER: 13281916)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 31 DECEMBER 2023


1. STATUTORY INFORMATION

World Seniors Darts Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 13281916

Registered office: 6-7 Castle Gate
Castle Street
Hertford
Hertfordshire
SG14 1HD

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Trophies - Straight line over 10 years
Event equipment - Straight line over 3 years

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

WORLD SENIORS DARTS LTD (REGISTERED NUMBER: 13281916)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 31 DECEMBER 2023


2. ACCOUNTING POLICIES - continued

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 AND DIRECTORS

The average number of employees during the period was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Trade
Event Marks and
Trophies equipment Copyright Totals
£    £    £    £   
COST
At 1 April 2023 18,200 7,184 - 25,384
Additions - 679 500 1,179
At 31 December 2023 18,200 7,863 500 26,563
DEPRECIATION
At 1 April 2023 1,750 2,049 - 3,799
Charge for period 1,365 1,890 - 3,255
At 31 December 2023 3,115 3,939 - 7,054
NET BOOK VALUE
At 31 December 2023 15,085 3,924 500 19,509
At 31 March 2023 16,450 5,135 - 21,585

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2023
£    £   
Trade debtors - 33,692
Other debtors 2,677 53,423
2,677 87,115

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2023
£    £   
Trade creditors - 6,649
Taxation and social security 13,140 28,580
Other creditors 116,015 87,848
129,155 123,077

WORLD SENIORS DARTS LTD (REGISTERED NUMBER: 13281916)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 31 DECEMBER 2023


7. RELATED PARTY DISCLOSURES

J. Francis is also a director of Jason Francis Ltd. During the period the company purchased services from Jason Francis Ltd to the value of £1,000 (Year to 31/03/2023: £20,000).

J. Thame is also a director of Modus Sports Management Ltd. During the period the company provided services to Modus Sports Management Ltd to the value of £15,958 (Year to 31/03/2023: £141,115), and purchased goods and services from Modus Sports Management Ltd to the value of £5,351 (Year to 31/03/2023: £72,642).

8. ULTIMATE CONTROLLING PARTY

J. Francis and J. Thame jointly and equally control the company by virtue of their shareholding.