0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-02-17 Sage Accounts Production Advanced 2023 - FRS102_2023 4,455,226 932,812 332,812 332,812 600,000 xbrli:pure xbrli:shares iso4217:GBP 14670532 2023-02-17 2024-03-31 14670532 2024-03-31 14670532 2023-02-16 14670532 bus:Director1 2023-02-17 2024-03-31 14670532 bus:Director2 2023-02-17 2024-03-31 14670532 core:ShareCapital 2024-03-31 14670532 core:RetainedEarningsAccumulatedLosses 2024-03-31 14670532 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-03-31 14670532 core:CostValuation core:Non-currentFinancialInstruments 2024-03-31 14670532 core:ImpairmentLossProvisionsForImpairmentInvestments core:Non-currentFinancialInstruments 2024-03-31 14670532 core:Non-currentFinancialInstruments core:ProvisionsForImpairmentInvestments 2024-03-31 14670532 core:Non-currentFinancialInstruments 2024-03-31 14670532 bus:SmallEntities 2023-02-17 2024-03-31 14670532 bus:AuditExemptWithAccountantsReport 2023-02-17 2024-03-31 14670532 bus:SmallCompaniesRegimeForAccounts 2023-02-17 2024-03-31 14670532 bus:PrivateLimitedCompanyLtd 2023-02-17 2024-03-31 14670532 bus:FullAccounts 2023-02-17 2024-03-31 14670532 core:Non-currentFinancialInstruments core:TransfersIntoOrOutInvestmentsIncreaseDecreaseInInvestments 2024-03-31
COMPANY REGISTRATION NUMBER: 14670532
CAMPEONES1516 LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
31 March 2024
CAMPEONES1516 LIMITED
STATEMENT OF FINANCIAL POSITION
31 March 2024
31 Mar 24
Note
£
£
FIXED ASSETS
Investments
4
600,000
CURRENT ASSETS
Cash at bank and in hand
1
----
NET CURRENT ASSETS
1
---------
TOTAL ASSETS LESS CURRENT LIABILITIES
600,001
---------
CAPITAL AND RESERVES
Called up share capital fully paid
600,000
Profit and loss account
1
---------
SHAREHOLDERS FUNDS
600,001
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 8 August 2024 , and are signed on behalf of the board by:
Mr R C P Seddon
Mr D J Seddon
Director
Director
Company registration number: 14670532
CAMPEONES1516 LIMITED
NOTES TO THE FINANCIAL STATEMENTS
PERIOD FROM 17 FEBRUARY 2023 TO 31 MARCH 2024
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Headlands House, 1 Kings Court, Kettering Parkway, Kettering, Northamptonshire, NN15 6WJ.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis and are prepared in sterling, which is the functional currency of the entity.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Financial instruments
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 and loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.
4. INVESTMENTS
Shares in group undertakings
£
Cost
At 17 February 2023
Additions
4,455,226
Transfers
( 3,522,414)
------------
At 31 March 2024
932,812
------------
Impairment
At 17 February 2023
Impairment losses
332,812
------------
At 31 March 2024
332,812
------------
Carrying amount
At 31 March 2024
600,000
------------
5. RELATED PARTY TRANSACTIONS
Advantage has also been taken of the exemption conferred by FRS 102 to group undertakings, of whose voting rights are controlled within the group, not to disclose transactions with other group companies.