Company Registration No. 04759849 (England and Wales)
LONDON BOXING ACADEMY LIMITED
Unaudited accounts
for the year ended 31 May 2024
LONDON BOXING ACADEMY LIMITED
Unaudited accounts
Contents
LONDON BOXING ACADEMY LIMITED
Company Information
for the year ended 31 May 2024
Director
Christopher John Hall
Company Number
04759849 (England and Wales)
Registered Office
NEW RIVER SPORTS CENTRE
WHITE HART LANE
LONDON
N22 5QW
ENGLAND
Accountants
Project H Limited Accountants
Beadle House
Bull Plain
Hertford
Hertfordshire
SG14 1DT
LONDON BOXING ACADEMY LIMITED
Statement of financial position
as at 31 May 2024
Cash at bank and in hand
2,209
408
Creditors: amounts falling due within one year
(19,819)
(15,653)
Net current liabilities
(19)
(308)
Total assets less current liabilities
132
197
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
2
-
Shareholders' funds
102
100
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 director acknowledges his 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 and authorised for issue on 30 January 2025 and were signed on its behalf by
Christopher John Hall
Director
Company Registration No. 04759849
LONDON BOXING ACADEMY LIMITED
Notes to the Accounts
for the year ended 31 May 2024
LONDON BOXING ACADEMY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04759849. The registered office is NEW RIVER SPORTS CENTRE, WHITE HART LANE, LONDON, N22 5QW, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Plant & machinery
LONDON BOXING ACADEMY LIMITED
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Other debtors
11,521
11,521
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
19,819
15,653
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).