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
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
COMPETITIVE FUTURE LTD
Statement of financial position
as at 31 May 2024
Cash at bank and in hand
44,422
159,423
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)
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
COMPETITIVE FUTURE LTD
Notes to the Accounts
for the year ended 31 May 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Amounts falling due within one year
5
Investments held as current assets
2024
2023
Unlisted investments
35,000
35,000
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
4,140
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).