Silverfin false false 30/06/2024 01/07/2023 30/06/2024 R Clarke 18/06/2020 16 March 2025 The principal activity of the Company during the financial period was that of Cricket coaching. 12680907 2024-06-30 12680907 bus:Director1 2024-06-30 12680907 2023-06-30 12680907 core:CurrentFinancialInstruments 2024-06-30 12680907 core:CurrentFinancialInstruments 2023-06-30 12680907 core:ShareCapital 2024-06-30 12680907 core:ShareCapital 2023-06-30 12680907 core:RetainedEarningsAccumulatedLosses 2024-06-30 12680907 core:RetainedEarningsAccumulatedLosses 2023-06-30 12680907 core:ToolsEquipment 2023-06-30 12680907 core:ComputerEquipment 2023-06-30 12680907 core:ToolsEquipment 2024-06-30 12680907 core:ComputerEquipment 2024-06-30 12680907 2023-07-01 2024-06-30 12680907 bus:FilletedAccounts 2023-07-01 2024-06-30 12680907 bus:SmallEntities 2023-07-01 2024-06-30 12680907 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 12680907 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12680907 bus:Director1 2023-07-01 2024-06-30 12680907 core:ToolsEquipment 2023-07-01 2024-06-30 12680907 core:ComputerEquipment 2023-07-01 2024-06-30 12680907 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure

Company No: 12680907 (England and Wales)

RIKKI CLARKE CRICKET ACADEMY LIMITED

Unaudited Financial Statements
For the financial year ended 30 June 2024
Pages for filing with the registrar

RIKKI CLARKE CRICKET ACADEMY LIMITED

Unaudited Financial Statements

For the financial year ended 30 June 2024

Contents

RIKKI CLARKE CRICKET ACADEMY LIMITED

BALANCE SHEET

As at 30 June 2024
RIKKI CLARKE CRICKET ACADEMY LIMITED

BALANCE SHEET (continued)

As at 30 June 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 5,193 4,598
5,193 4,598
Current assets
Cash at bank and in hand 27,526 20,193
27,526 20,193
Creditors: amounts falling due within one year 4 ( 9,600) ( 7,650)
Net current assets 17,926 12,543
Total assets less current liabilities 23,119 17,141
Net assets 23,119 17,141
Capital and reserves
Called-up share capital 1 1
Profit and loss account 23,118 17,140
Total shareholder's funds 23,119 17,141

For the financial year ending 30 June 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Rikki Clarke Cricket Academy Limited (registered number: 12680907) were approved and authorised for issue by the Director on 16 March 2025. They were signed on its behalf by:

R Clarke
Director
RIKKI CLARKE CRICKET ACADEMY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
RIKKI CLARKE CRICKET ACADEMY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Rikki Clarke Cricket Academy Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 128 City Road, London, EC1V 2NX, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer. Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Tools and equipment 25 % reducing balance
Computer equipment 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Tangible assets

Tools and equipment Computer equipment Total
£ £ £
Cost
At 01 July 2023 7,518 0 7,518
Additions 755 1,200 1,955
At 30 June 2024 8,273 1,200 9,473
Accumulated depreciation
At 01 July 2023 2,920 0 2,920
Charge for the financial year 1,260 100 1,360
At 30 June 2024 4,180 100 4,280
Net book value
At 30 June 2024 4,093 1,100 5,193
At 30 June 2023 4,598 0 4,598

4. Creditors: amounts falling due within one year

2024 2023
£ £
Taxation and social security 4,938 6,449
Other creditors 4,662 1,201
9,600 7,650