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Registration number: 08238525

Running Shoes Ltd

Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 December 2023

 

Running Shoes Ltd

Contents

Company Information

1

Abridged Balance Sheet

2 to 3

Notes to the Unaudited Abridged Financial Statements

4 to 5

 

Running Shoes Ltd

Company Information

Director

Mr D MacFarlane

Registered office

261 Otley Road
Headingley
Leeds
West Yorkshire
LS16 5LQ

Bankers

Santander Plc
1 Cambridge Crescent
Harrogate
North Yorkshire
HG1 1PB

Accountants

Hudson Lees Limited
5 Hornbeam Square South
Hornbeam Business Park
Harrogate
North Yorkshire
HG2 8NB

 

Running Shoes Ltd

(Registration number: 08238525)
Abridged Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

14,689

33,945

Current assets

 

Debtors

78

8,160

Cash at bank and in hand

 

50,475

53,958

 

50,553

62,118

Prepayments and accrued income

 

3,296

2,378

Creditors: Amounts falling due within one year

(503,484)

(371,079)

Net current liabilities

 

(449,635)

(306,583)

Total assets less current liabilities

 

(434,946)

(272,638)

Accruals and deferred income

 

(750)

(1,566)

Net liabilities

 

(435,696)

(274,204)

Capital and reserves

 

Called up share capital

5

2

2

Retained earnings

(435,698)

(274,206)

Shareholders' deficit

 

(435,696)

(274,204)

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his 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.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

 

Running Shoes Ltd

(Registration number: 08238525)
Abridged Balance Sheet as at 31 December 2023

Approved and authorised by the director on 15 November 2024
 

.........................................
Mr D MacFarlane
Director

 

Running Shoes Ltd

Notes to the Unaudited Abridged Financial Statements for the 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:
261 Otley Road
Headingley
Leeds
West Yorkshire
LS16 5LQ

These financial statements were authorised for issue by the director on 15 November 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 abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged 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.

Going concern

The financial statements have been prepared on a going concern basis.

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

Website development costs

25% of cost

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2022 - 3).

 

Running Shoes Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2023

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

Additions

77,025

77,025

At 31 December 2023

77,025

77,025

Depreciation

At 1 January 2023

43,080

43,080

Charge for the year

19,256

19,256

At 31 December 2023

62,336

62,336

Carrying amount

At 31 December 2023

14,689

14,689

At 31 December 2022

33,945

33,945

5

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary shares of £1 each

2

2

2

2