Company registration number:
NI626684
Predator Zone Ltd
Unaudited filleted financial statements
31 January 2024
Predator Zone Ltd
Contents
Statement of financial position and notes to the financial statements
Predator Zone Ltd
Statement of financial position
31 January 2024
|
|
|
2024 |
|
2023 |
|
|
|
|
|
£ |
|
£ |
|
|
|
|
|
|
|
|
|
|
Creditors: amounts falling due within one year |
|
|
(
50,400) |
|
(
50,400) |
|
|
|
|
|
_______ |
|
_______ |
|
|
|
|
|
|
|
|
|
|
Net current liabilities |
|
|
(
50,400) |
|
(
50,400) |
|
|
|
|
|
_______ |
|
_______ |
|
|
Total assets less current liabilities |
|
|
(
50,400) |
|
(
50,400) |
|
|
|
|
|
|
|
|
|
|
Accruals and deferred income |
|
|
(
1,700) |
|
(
1,700) |
|
|
|
|
|
|
|
|
|
|
|
|
|
_______ |
|
_______ |
|
|
Net liabilities |
|
|
(
52,100) |
|
(
52,100) |
|
|
|
|
|
_______ |
|
_______ |
|
|
|
|
|
|
|
|
|
|
Capital and reserves |
|
|
(
52,100) |
|
(
52,100) |
|
|
|
|
|
_______ |
|
_______ |
|
|
|
|
|
|
|
|
|
|
Notes to the financial statements
Predator Zone Ltd
Year ended 31 January 2024
1.
Directors advances, credits and guarantees
|
During the year the directors entered into the following advances and credits with the company: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2024 |
|
|
|
|
|
|
|
|
|
Balance brought forward |
Advances /(credits) to the directors |
Balance o/standing |
|
|
|
|
|
£ |
£ |
£ |
|
|
|
|
Mrs Caroline Begley |
(
46,437) |
- |
(
46,437) |
|
|
|
|
|
_______ |
_______ |
_______ |
|
|
|
|
|
|
|
|
|
|
|
2023 |
|
|
|
|
|
|
|
|
|
Balance brought forward |
Advances /(credits) to the directors |
Balance o/standing |
|
|
|
|
|
£ |
£ |
£ |
|
|
|
|
Mrs Caroline Begley |
(
42,142) |
(
4,295) |
(
46,437) |
|
|
|
|
|
_______ |
_______ |
_______ |
|
|
|
|
|
|
|
|
|
|
|
2.
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. At the year end there is a defict in the capital and reserves. The directors have prepared the accounts on the going concern basis having obtained confirmation that the company will not be required to repay the director's loan until the company returns a profit and there is sufficient cashflow to facilitate payment.
3.
Judgements and key sources of estimation uncertainty
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affect both current and future periods.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2023: Nil).
The company did not trade during the year and has not made either a profit or loss.
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors responsiblities:
-
The members have not required the company to obtain an audit of its accounts for the year 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 accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
28 October 2024
, and are signed on behalf of the board by:
Mrs Caroline Begley
Director
Company registration number:
NI626684
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is Predator Zone, The Enterprise Hub, North West Business Complex, Skeoge Industrial Estate, Londonderry, BT48 8SE.