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REGISTERED NUMBER: 12308483 (England and Wales)















Financial Statements for the Period 1st December 2023 to 31st July 2024

for

Fastbreak Basketball Limited

Fastbreak Basketball Limited (by shares) (Registered number: 12308483)






Contents of the Financial Statements
for the Period 1st December 2023 to 31st July 2024




Page

Company Information 1

Statement of Financial Position 2


Fastbreak Basketball Limited (by shares)

Company Information
for the Period 1st December 2023 to 31st July 2024







DIRECTOR: Dr Navid Fatemi-Ghomi





REGISTERED OFFICE: 92 Greenhaze Lane
Great Cambourne
Cambridge
Cambridgeshire
CB23 5BH





REGISTERED NUMBER: 12308483 (England and Wales)





ACCOUNTANTS: Taylor Keeble LLP
Chartered Accountants
9 Caxton House
Broad Street
Cambourne
Cambridgeshire
CB23 6JN

Fastbreak Basketball Limited (by shares) (Registered number: 12308483)

Statement of Financial Position
31st July 2024

2024 2023
£    £   
FIXED ASSETS 2,355 1,406

CURRENT ASSETS 72,432 50,734

CREDITORS
Amounts falling due within one year (9,119 ) (6,289 )
NET CURRENT ASSETS 63,313 44,445
TOTAL ASSETS LESS CURRENT
LIABILITIES

65,668

45,851

ACCRUALS AND DEFERRED INCOME (17,205 ) (10,465 )
NET ASSETS 48,463 35,386

CAPITAL AND RESERVES 48,463 35,386

NOTES TO THE FINANCIAL STATEMENTS

1. ACCOUNTING POLICIES

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the period was 6 (2023 - 8 ) .



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

The members have not required the company to obtain an audit of its financial statements for the period ended 31st July 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.

Fastbreak Basketball Limited (by shares) (Registered number: 12308483)

Statement of Financial Position - continued
31st July 2024


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

The financial statements were approved by the director and authorised for issue on 31st March 2025 and were signed by:





Dr Navid Fatemi-Ghomi - Director