Company Registration No. 06957356 (England and Wales)
Extreme Cases Limited
Unaudited accounts
for the year ended 31 July 2024
Extreme Cases Limited
Unaudited accounts
Contents
Extreme Cases Limited
Company Information
for the year ended 31 July 2024
Company Number
06957356 (England and Wales)
Registered Office
Franklyn House
Bratton Fleming
Devon
EX31 4TG
Accountants
JD Accountants (South West) Ltd
Suite 2, Riverside Court
Castle Street
Barnstaple
Devon
EX31 1DR
Extreme Cases Limited
Statement of financial position
as at 31 July 2024
Intangible assets
16,772
18,090
Tangible assets
95,496
113,650
Inventories
273,386
126,075
Cash at bank and in hand
13,993
14,362
Creditors: amounts falling due within one year
(401,282)
(362,767)
Net current assets
28,143
88,924
Total assets less current liabilities
140,411
220,664
Creditors: amounts falling due after more than one year
(215,427)
(319,515)
Net liabilities
(75,016)
(98,851)
Called up share capital
1,000
1,000
Profit and loss account
(76,016)
(99,851)
Shareholders' funds
(75,016)
(98,851)
For the year ending 31 July 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 31 March 2025 and were signed on its behalf by
B Scott
Director
Company Registration No. 06957356
Extreme Cases Limited
Notes to the Accounts
for the year ended 31 July 2024
Extreme Cases Limited is a private company, limited by shares, registered in England and Wales, registration number 06957356. The registered office is Franklyn House, Bratton Fleming, Devon, EX31 4TG.
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% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
The company's accounts have been prepared on a going concern basis. Whilst the company's accounts do show net current liabilities, having reviewed the financial position for the next twelve months, the directors believe that the preparation of the accounts on a going concern basis to be appropriate.
4
Intangible fixed assets
Other
Extreme Cases Limited
Notes to the Accounts
for the year ended 31 July 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2023
101,941
46,519
39,223
187,683
At 31 July 2024
101,941
46,519
44,943
193,403
At 1 August 2023
27,969
18,621
27,443
74,033
Charge for the year
14,794
5,580
3,500
23,874
At 31 July 2024
42,763
24,201
30,943
97,907
At 31 July 2024
59,178
22,318
14,000
95,496
At 31 July 2023
73,972
27,898
11,780
113,650
Amounts falling due within one year
Trade debtors
125,212
290,179
Accrued income and prepayments
6,500
10,741
Other debtors
10,334
10,334
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
357,818
276,123
Taxes and social security
20,129
2,870
Other creditors
16,816
18,234
Loans from directors
-
35,258
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
199,366
308,259
Loans from directors
16,061
11,256
The company has provided its lenders with a fixed and floating charge.
Extreme Cases Limited
Notes to the Accounts
for the year ended 31 July 2024
Allotted, called up and fully paid:
700 Ordinary A shares of £1 each
700
700
150 Ordinary B shares of £1 each
150
150
150 Ordinary C shares of £1 each
150
150
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Average number of employees
During the year the average number of employees was 8 (2023: 5).