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Company Registration No. NI620847 (Northern Ireland)
Reynolds Sports Limited Unaudited accounts for the year ended 31 October 2021
Reynolds Sports Limited Unaudited accounts Contents
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Reynolds Sports Limited Company Information for the year ended 31 October 2021
Director
Barry Reynolds
Company Number
NI620847 (Northern Ireland)
Registered Office
25 Royal Lodge Road Belfast BT8 7UL Northern Ireland
Accountants
Nuvem 9 Ltd The Mount Business Centre Woodstock Link Belfast County Antrim BT6 8DD
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Reynolds Sports Limited Statement of financial position as at 31 October 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
21,673 
28,272 
Current assets
Inventories
15,397 
15,397 
Debtors
22,200 
12,414 
Cash at bank and in hand
4,086 
10,557 
41,683 
38,368 
Creditors: amounts falling due within one year
(51,352)
(93,360)
Net current liabilities
(9,669)
(54,992)
Total assets less current liabilities
12,004 
(26,720)
Creditors: amounts falling due after more than one year
(36,129)
(16,000)
Net liabilities
(24,125)
(42,720)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(24,225)
(42,820)
Shareholders' funds
(24,125)
(42,720)
For the year ending 31 October 2021 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 29 August 2024 and were signed on its behalf by
Barry Reynolds Director Company Registration No. NI620847
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Reynolds Sports Limited Notes to the Accounts for the year ended 31 October 2021
1
Statutory information
Reynolds Sports Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI620847. The registered office is 25 Royal Lodge Road, Belfast, BT8 7UL, Northern Ireland.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
15% straight line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 November 2020
52,788 
At 31 October 2021
52,788 
Depreciation
At 1 November 2020
24,516 
Charge for the year
6,599 
At 31 October 2021
31,115 
Net book value
At 31 October 2021
21,673 
At 31 October 2020
28,272 
5
Debtors
2021 
2020 
£ 
£ 
Amounts falling due within one year
Trade debtors
12,454 
12,414 
Other debtors
9,746 
- 
22,200 
12,414 
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Reynolds Sports Limited Notes to the Accounts for the year ended 31 October 2021
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Bank loans and overdrafts
31 
12,905 
VAT
7,409 
6,476 
Trade creditors
4,425 
3,354 
Amounts owed to group undertakings and other participating interests
- 
15,500 
Taxes and social security
787 
787 
Other creditors
38,700 
31,361 
Loans from directors
- 
22,977 
51,352 
93,360 
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
14,803 
16,000 
Other creditors
21,326 
- 
36,129 
16,000 
8
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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