Company Registration No. 10824962 (England and Wales)
8BALL CONTRACTORS LIMITED
Unaudited accounts
for the year ended 30 June 2023
8BALL CONTRACTORS LIMITED
Unaudited accounts
Contents
8BALL CONTRACTORS LIMITED
Company Information
for the year ended 30 June 2023
Directors
MOHAMMED Rizwan
MADHANRAJ Bagavath Singh
Company Number
10824962 (England and Wales)
Registered Office
174 BOBBERS MILL ROAD
NOTTINGHAM
NG7 5JT
ENGLAND
8BALL CONTRACTORS LIMITED
Statement of financial position
as at 30 June 2023
Tangible assets
28,625
35,782
Cash at bank and in hand
19,366
14,412
Creditors: amounts falling due within one year
(338,744)
(222,865)
Net current assets/(liabilities)
141,700
(74,826)
Total assets less current liabilities
170,325
(39,044)
Creditors: amounts falling due after more than one year
(3,630,928)
(2,858,681)
Net liabilities
(3,460,603)
(2,897,725)
Called up share capital
100
100
Profit and loss account
(3,460,703)
(2,897,825)
Shareholders' funds
(3,460,603)
(2,897,725)
For the year ending 30 June 2023 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 21 October 2024 and were signed on its behalf by
MOHAMMED Rizwan
Director
Company Registration No. 10824962
8BALL CONTRACTORS LIMITED
Notes to the Accounts
for the year ended 30 June 2023
8BALL CONTRACTORS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10824962. The registered office is 174 BOBBERS MILL ROAD, NOTTINGHAM, NG7 5JT, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
Reducing balance 20%
4
Tangible fixed assets
Plant & machinery
8BALL CONTRACTORS LIMITED
Notes to the Accounts
for the year ended 30 June 2023
Amounts falling due within one year
Accrued income and prepayments
-
5,314
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
6,788
7,058
Trade creditors
21,628
22,703
Taxes and social security
59,257
138,805
Deferred income
249,171
52,399
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
3,536,948
2,764,701
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 28 (2022: 26).