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COMPANY REGISTRATION NUMBER: 04146130
Action Watersports Limited
Filleted Unaudited Financial Statements
29 February 2024
Action Watersports Limited
Statement of Financial Position
29 February 2024
Period from
Year to
1 Jan 22 to
29 Feb 24
28 Feb 23
£
£
£
Fixed assets
136,883
102,738
---------
---------
Current assets
76,647
75,683
Creditors: amounts falling due within one year
9,607
6,425
---------
---------
Net current assets
67,040
69,258
---------
---------
Total assets less current liabilities
203,923
171,996
Creditors: amounts falling due after more than one year
33,847
Accruals and deferred income
1,165
1,417
---------
---------
168,911
170,579
---------
---------
Capital and reserves
168,911
170,579
---------
---------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 15 (2023: 9 ).
2. 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
Amounts repaid
Balance outstanding
£
£
£
£
Mr S Raine
Mrs D Raine
----
----
----
----
----
----
----
----
2023
Balance brought forward
Advances/ (credits) to the directors
Amounts repaid
Balance outstanding
£
£
£
£
Mr S Raine
( 4,172)
8,514
( 4,342)
Mrs D Raine
( 4,173)
8,515
( 4,342)
-------
--------
-------
----
( 8,345)
17,029
( 8,684)
-------
--------
-------
----
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements 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 financial statements .
These 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 20 July 2024 , and are signed on behalf of the board by:
Mrs D Raine
Director
Company registration number: 04146130
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Lake 1, Dengemarsh Road, Lydd, Kent, TN29 9JH.