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REGISTERED NUMBER: 11964945 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Recipe Sports & Entertainment Limited

Recipe Sports & Entertainment Limited (Registered number: 11964945)






Contents of the Financial Statements
for the year ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Recipe Sports & Entertainment Limited

Company Information
for the year ended 31 March 2024







DIRECTOR: J A Yorath





SECRETARY:





REGISTERED OFFICE: The Duck & Ball
Riverside Drive
Chiswick
W4 2SP





REGISTERED NUMBER: 11964945 (England and Wales)





ACCOUNTANTS: WILSHERS DEJ
10-11 Heathfield Terrace
London
W4 4JE

Recipe Sports & Entertainment Limited (Registered number: 11964945)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,147 65,121

CURRENT ASSETS
Stocks 8,967 7,096
Debtors 5 8,075 4,006
Cash at bank 8,499 7,035
25,541 18,137
CREDITORS
Amounts falling due within one year 6 186,246 72,835
NET CURRENT LIABILITIES (160,705 ) (54,698 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(140,558

)

10,423

CREDITORS
Amounts falling due after more than one
year

7

397

106,562
NET LIABILITIES (140,955 ) (96,139 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (141,055 ) (96,239 )
(140,955 ) (96,139 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Recipe Sports & Entertainment Limited (Registered number: 11964945)

Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 March 2025 and were signed by:





J A Yorath - Director


Recipe Sports & Entertainment Limited (Registered number: 11964945)

Notes to the Financial Statements
for the year ended 31 March 2024

1. STATUTORY INFORMATION

Recipe Sports & Entertainment Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 9 ) .

Recipe Sports & Entertainment Limited (Registered number: 11964945)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 176,120
DEPRECIATION
At 1 April 2023 110,999
Charge for year 44,974
At 31 March 2024 155,973
NET BOOK VALUE
At 31 March 2024 20,147
At 31 March 2023 65,121

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 120 -
Other debtors 2,556 585
2,676 585

Amounts falling due after more than one year:
Other debtors 5,399 3,421

Aggregate amounts 8,075 4,006

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 25,570 -
Trade creditors - 3,725
Taxation and social security 20,688 -
Other creditors 139,988 69,110
186,246 72,835

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Amounts owed to associates - 98,703
Other creditors 397 7,859
397 106,562