Company Registration No. 14773181 (England and Wales)
Back To 505 Limited
Unaudited accounts
for the period from 31 March 2023 to 31 March 2024
Back To 505 Limited
Unaudited accounts
Contents
Back To 505 Limited
Company Information
for the period from 31 March 2023 to 31 March 2024
Directors
Daniel David Glynne Thomas
Kristian Robert Bromley
Company Number
14773181 (England and Wales)
Registered Office
Calderstones
West Ella Road West Ella
Hull
North Humberside
HU10 7SD
England
Accountants
Blue Cube Accountants Limited
Britwell Grange
Britwell Road
Burnham
SL1 8DF
Back To 505 Limited
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
8,702
Creditors: amounts falling due within one year
(12,726)
Net current liabilities
(3,860)
Called up share capital
100
Profit and loss account
(2,280)
Shareholders' funds
(2,180)
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 14 October 2024 and were signed on its behalf by
Kristian Robert Bromley
Director
Company Registration No. 14773181
Back To 505 Limited
Notes to the Accounts
for the period from 31 March 2023 to 31 March 2024
Back To 505 Limited is a private company, limited by shares, registered in England and Wales, registration number 14773181. The registered office is Calderstones, West Ella Road West Ella, Hull, North Humberside, HU10 7SD, England.
These financial statements have been prepared in compliance with FRS 102, ’The Financial Reporting Standard applicable to 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.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts and rebates.
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:
Computer equipment
20% Straight Line
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 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 year 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.
Back To 505 Limited
Notes to the Accounts
for the period from 31 March 2023 to 31 March 2024
3
Tangible fixed assets
Computer equipment
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2024
Loans from directors
12,726
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
Shares issued during the period:
100 Ordinary shares of £1 each
100
7
Average number of employees
During the period the average number of employees was 0.