IRIS Accounts Production v24.3.0.553 04673995 Board of Directors 1.3.23 29.2.24 29.2.24 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh046739952023-02-28046739952024-02-29046739952023-03-012024-02-29046739952022-02-28046739952022-03-012023-02-28046739952023-02-2804673995ns15:EnglandWales2023-03-012024-02-2904673995ns14:PoundSterling2023-03-012024-02-2904673995ns10:Director12023-03-012024-02-2904673995ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2904673995ns10:SmallEntities2023-03-012024-02-2904673995ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2904673995ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2904673995ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2904673995ns10:FullAccounts2023-03-012024-02-2904673995ns10:Director22023-03-012024-02-2904673995ns10:CompanySecretary12023-03-012024-02-2904673995ns10:RegisteredOffice2023-03-012024-02-2904673995ns5:CurrentFinancialInstruments2024-02-2904673995ns5:CurrentFinancialInstruments2023-02-2804673995ns5:Non-currentFinancialInstruments2024-02-2904673995ns5:Non-currentFinancialInstruments2023-02-2804673995ns5:ShareCapital2024-02-2904673995ns5:ShareCapital2023-02-2804673995ns5:RetainedEarningsAccumulatedLosses2024-02-2904673995ns5:RetainedEarningsAccumulatedLosses2023-02-2804673995ns5:LeaseholdImprovements2023-03-012024-02-2904673995ns5:PlantMachinery2023-03-012024-02-2904673995ns5:FurnitureFittings2023-03-012024-02-2904673995ns5:MotorVehicles2023-03-012024-02-2904673995ns5:ComputerEquipment2023-03-012024-02-2904673995ns5:LeaseholdImprovements2023-02-2804673995ns5:PlantMachinery2023-02-2804673995ns5:FurnitureFittings2023-02-2804673995ns5:LeaseholdImprovements2024-02-2904673995ns5:PlantMachinery2024-02-2904673995ns5:FurnitureFittings2024-02-2904673995ns5:LeaseholdImprovements2023-02-2804673995ns5:PlantMachinery2023-02-2804673995ns5:FurnitureFittings2023-02-2804673995ns5:MotorVehicles2023-02-2804673995ns5:ComputerEquipment2023-02-2804673995ns5:MotorVehicles2024-02-2904673995ns5:ComputerEquipment2024-02-2904673995ns5:MotorVehicles2023-02-2804673995ns5:ComputerEquipment2023-02-2804673995ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-02-2904673995ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-02-2804673995ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-02-2904673995ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-02-2804673995ns5:RetainedEarningsAccumulatedLosses2023-02-2804673995ns5:RetainedEarningsAccumulatedLosses2023-03-012024-02-29
REGISTERED NUMBER: 04673995 (England and Wales)















APPETI TENNIS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024






APPETI TENNIS LIMITED (REGISTERED NUMBER: 04673995)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


APPETI TENNIS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTORS: Mr F E K Appeti
Mr A G Doyle





SECRETARY: Mr A G Doyle





REGISTERED OFFICE: Princess House
27 Bush Lane
London
EC4R 0AA





REGISTERED NUMBER: 04673995 (England and Wales)





ACCOUNTANTS: Spurling Cannon
Chartered Certified Accountants
424 Margate Road
Westwood
Ramsgate
Kent
CT12 6SJ

APPETI TENNIS LIMITED (REGISTERED NUMBER: 04673995)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 34,082 38,365

CURRENT ASSETS
Stocks 130 115
Debtors 5 27,822 24,452
Cash at bank 3,320 10,413
31,272 34,980
CREDITORS
Amounts falling due within one year 6 (43,271 ) (62,471 )
NET CURRENT LIABILITIES (11,999 ) (27,491 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,083

10,874

CREDITORS
Amounts falling due after more than one
year

7

(35,215

)

(41,272

)

PROVISIONS FOR LIABILITIES (807 ) (807 )
NET LIABILITIES (13,939 ) (31,205 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8 (14,039 ) (31,305 )
SHAREHOLDERS' FUNDS (13,939 ) (31,205 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

APPETI TENNIS LIMITED (REGISTERED NUMBER: 04673995)

BALANCE SHEET - continued
29 FEBRUARY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 November 2024 and were signed on its behalf by:





Mr F E K Appeti - Director


APPETI TENNIS LIMITED (REGISTERED NUMBER: 04673995)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

Appeti Tennis Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on cost and Straight line over 25 years
Plant and machinery - 25% on cost
Fixture & Fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 4 ).

APPETI TENNIS LIMITED (REGISTERED NUMBER: 04673995)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Fixture &
property machinery Fittings
£    £    £   
COST
At 1 March 2023 133,279 10,155 18,425
Additions - - -
At 29 February 2024 133,279 10,155 18,425
DEPRECIATION
At 1 March 2023 101,083 10,155 14,930
Charge for year 3,999 - 844
At 29 February 2024 105,082 10,155 15,774
NET BOOK VALUE
At 29 February 2024 28,197 - 2,651
At 28 February 2023 32,196 - 3,495

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 March 2023 3,000 20,061 184,920
Additions - 1,233 1,233
At 29 February 2024 3,000 21,294 186,153
DEPRECIATION
At 1 March 2023 2,929 17,458 146,555
Charge for year 18 655 5,516
At 29 February 2024 2,947 18,113 152,071
NET BOOK VALUE
At 29 February 2024 53 3,181 34,082
At 28 February 2023 71 2,603 38,365

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Sundry debtors 27,822 24,452

APPETI TENNIS LIMITED (REGISTERED NUMBER: 04673995)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other loans 2,777 20,778
Corporation Tax 5,365 3,868
Social security and other taxes 386 358
VAT 5,690 6,044
Directors' current accounts 7,449 2,149
Deferred income 20,705 20,705
Accrued expenses 899 8,569
43,271 62,471

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 6,058 6,199
Bank loans - 2-5 years 29,157 35,073
35,215 41,272

8. RESERVES
Retained
earnings
£   

At 1 March 2023 (31,305 )
Profit for the year 17,266
At 29 February 2024 (14,039 )

9. ULTIMATE CONTROLLING PARTY

During the year the company was controlled by its directors.