FORMULA COMPETITIONS LTD

Company Registration Number:
12746324 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2024

(Dormant)

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

FORMULA COMPETITIONS LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

FORMULA COMPETITIONS LTD

Company Information

for the Period Ended 31 July 2024




Director: Niall Murchan
Damian O'Hare
Registered office: 20-22
Wenlock Road
London
England
N1 7GU
Company Registration Number: 12746324 (England and Wales)

FORMULA COMPETITIONS LTD

Balance sheet

As at 31 July 2024


Notes

2024
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Cash at bank and in hand: 2,618 2,858
Total current assets: 2,618 2,858
Creditors: amounts falling due within one year: 4 ( 2,608 ) ( 2,848 )
Net current assets (liabilities): 10 10
Total assets less current liabilities: 10 10
Total net assets (liabilities): 10 10

The notes form part of these financial statements

FORMULA COMPETITIONS LTD

Balance sheet continued

As at 31 July 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 10 10
Shareholders funds: 10 10

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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the year ending 31 July 2024 the company was entitled to exemption under section 480 of the Companies Act 2006 relating to dormant companies.

This report was approved by the board of directors on 18 April 2025
And Signed On Behalf Of The Board By:

Name: Damian O'Hare
Status: Director

The notes form part of these financial statements

FORMULA COMPETITIONS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FORMULA COMPETITIONS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 2

FORMULA COMPETITIONS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 3. Off balance sheet disclosure

    No

FORMULA COMPETITIONS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Creditors: amounts falling due within one year note

Included within creditors are loans from directors of £2,608 (2023 - £2,848). This loan is interest free and repayable on demand.