2023-08-01 06971042 2024-07-31 06971042 2023-08-01 2024-07-31 06971042 2023-07-31 06971042 2022-08-01 2023-07-31 06971042 uk-core:WithinOneYear 2023-07-31 06971042 uk-core:WithinOneYear 2024-07-31 06971042 uk-core:ShareCapital 2024-07-31 06971042 uk-core:ShareCapital 2023-07-31 06971042 uk-core:RetainedEarningsAccumulatedLosses 2024-07-31 06971042 uk-core:RetainedEarningsAccumulatedLosses 2023-07-31 06971042 uk-bus:Director1 2023-08-01 2024-07-31 06971042 uk-core:ToolsEquipment 2023-08-01 2024-07-31 06971042 uk-core:WithinOneYear 2024-07-31 06971042 uk-core:WithinOneYear 2023-07-31 iso4217:GBP xbrli:pure 06971042 uk-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 06971042 uk-bus:FRS102 2023-08-01 2024-07-31 06971042 uk-bus:FilletedAccounts 2023-08-01 2024-07-31 06971042 uk-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31
High Performance Ltd
Registered Number:06971042
For the year ended 31 July 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 July 2024
High Performance Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
06971042
As at 31 July 2024
High Performance Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
2,153
4,540
2,153
4,540
Current assets
Trade and other receivables
19,600
20,271
2
1,720
Cash and cash equivalents
7,042
27,313
21,320
Trade and other payables: amounts falling due within one
year
(38,510)
(40,072)
3
(17,190)
(12,759)
Net current liabilities
Total assets less current liabilities
(10,606)
(12,650)
(10,606)
Net liabilities
(12,650)
Capital and reserves
Called up share capital
100
100
Retained earnings
(10,706)
(12,750)
(10,606)
(12,650)
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Andrei Adamtsuk Director
These financial statements were approved and authorised for issue by the Board on 03 April 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 July 2024
High Performance Ltd
Notes to the Financial Statements
Statutory Information
High Performance Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 06971042.
Registered address:
Office 23, The Joiners Shop
The Historic Dockyard
Chatham
Kent
ME15 7HS
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
20% Straight line
Computer equipment
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2. Trade and other receivables
2023
2024
£
£
Trade debtors
5,093
4,322
Other debtors
15,178
15,278
19,600
20,271
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5
For the year ended 31 July 2024
High Performance Ltd
Notes to the Financial Statements Continued
3. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
9,079
13,679
Trade creditors
6,971
8,168
Taxation and social security
4,123
3,531
Other creditors
19,899
13,132
40,072
38,510
4. Average number of persons employed
During the year the average number of employees and directors was 2 (2023 : 3)
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