P. C. Sports Science Services Ltd 07525651 true 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is being that of providing sports science services and advice Digita Accounts Production Advanced 6.30.9574.0 true Mr P Cunningham Mrs K Cunningham 07525651 2023-01-01 2023-12-31 07525651 2023-12-31 07525651 bus:OrdinaryShareClass1 2023-12-31 07525651 core:RetainedEarningsAccumulatedLosses 2023-12-31 07525651 core:ShareCapital 2023-12-31 07525651 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 07525651 core:OtherPropertyPlantEquipment 2023-12-31 07525651 bus:FRS102 2023-01-01 2023-12-31 07525651 bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07525651 bus:FullAccounts 2023-01-01 2023-12-31 07525651 bus:RegisteredOffice 2023-01-01 2023-12-31 07525651 bus:Director1 2023-01-01 2023-12-31 07525651 bus:Director2 2023-01-01 2023-12-31 07525651 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 07525651 bus:EntityNoLongerTradingButTradedInPast 2023-01-01 2023-12-31 07525651 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07525651 core:OtherPropertyPlantEquipment 2023-01-01 2023-12-31 07525651 core:PlantMachinery 2023-01-01 2023-12-31 07525651 countries:EnglandWales 2023-01-01 2023-12-31 07525651 2022-12-31 07525651 core:OtherPropertyPlantEquipment 2022-12-31 07525651 2022-12-31 07525651 bus:OrdinaryShareClass1 2022-12-31 07525651 core:RetainedEarningsAccumulatedLosses 2022-12-31 07525651 core:ShareCapital 2022-12-31 07525651 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 07525651 core:OtherPropertyPlantEquipment 2022-12-31 iso4217:GBP xbrli:pure xbrli:shares

P. C. Sports Science Services Ltd

Annual Report and Unaudited Financial Statements
Year Ended 31 December 2023

Registration number: 07525651

 

P. C. Sports Science Services Ltd

Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

3

2,395

2,395

Creditors: Amounts falling due within one year

4

(9,412)

(9,412)

Net liabilities

 

(7,017)

(7,017)

Capital and reserves

 

Called up share capital

5

2

2

Profit and loss account

(7,019)

(7,019)

Shareholders' deficit

 

(7,017)

(7,017)

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 23 September 2024 and signed on its behalf by:
 

.........................................

Mr P Cunningham

Director

Company Registration Number: 07525651

 

P. C. Sports Science Services Ltd

Notes to the Unaudited Financial Statements

Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
51 David Road
Paignton
Devon
TQ3 2QF

These financial statements were authorised for issue by the Board on 23 September 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

20% reducing balance

 

P. C. Sports Science Services Ltd

Notes to the Unaudited Financial Statements

Year Ended 31 December 2023

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Financial instruments

Classification
The company holds the following financial instruments:

• Short term trade and other debtors and creditors;
• Cash and bank balances.

All financial instruments are classified as basic.

 Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.

Except for bank loans, such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.



 Impairment
This disclosure box set not to appear in S1A template - in full FRS102 this will need to deleted if not required
Financial guarantee contracts
This disclosure box set not to appear in S1A template - in full FRS102 this will need to deleted if not required

 

P. C. Sports Science Services Ltd

Notes to the Unaudited Financial Statements

Year Ended 31 December 2023

3

Tangible assets

Other tangible assets
£

Total
£

Cost or valuation

At 1 January 2023

18,382

18,382

At 31 December 2023

18,382

18,382

Depreciation

At 1 January 2023

15,388

15,388

Charge for the year

599

599

At 31 December 2023

15,987

15,987

Carrying amount

At 31 December 2023

2,395

2,395

At 31 December 2022

2,395

2,395

4

Creditors

2023
£

2022
£

Due within one year

Other creditors

9,412

9,412

5

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary Shares of £1 each

2

2

2

2