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Company Registration No. 11360634 (England and Wales)
COMPETITIVE FUTURE LTD Unaudited accounts for the year ended 31 May 2024
COMPETITIVE FUTURE LTD Unaudited accounts Contents
Page
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COMPETITIVE FUTURE LTD Company Information for the year ended 31 May 2024
Directors
I R Graves Dr A M Graves
Company Number
11360634 (England and Wales)
Registered Office
11 SUNDEW CLOSE CLAINES WORCESTER WORCESTERSHIRE WR3 7LF UNITED KINGDOM
Accountants
Parkers Accountancy And Taxation 590a Kingsbury Road Erdington Birmingham B24 9ND
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COMPETITIVE FUTURE LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
- 
416 
Investments
35,000 
35,000 
Cash at bank and in hand
44,422 
159,423 
79,422 
194,839 
Creditors: amounts falling due within one year
(582)
(4,704)
Net current assets
78,840 
190,135 
Total assets less current liabilities
78,840 
190,135 
Creditors: amounts falling due after more than one year
(5,776)
(27,108)
Net assets
73,064 
163,027 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
72,964 
162,927 
Shareholders' funds
73,064 
163,027 
For the year ending 31 May 2024 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 5 July 2024 and were signed on its behalf by
I R Graves Director Company Registration No. 11360634
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COMPETITIVE FUTURE LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
COMPETITIVE FUTURE LTD is a private company, limited by shares, registered in England and Wales, registration number 11360634. The registered office is 11 SUNDEW CLOSE, CLAINES, WORCESTER, WORCESTERSHIRE, WR3 7LF, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
416 
5
Investments held as current assets
2024 
2023 
£ 
£ 
Unlisted investments
35,000 
35,000 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
582 
564 
Taxes and social security
- 
4,140 
582 
4,704 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
5,776 
27,108 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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