IRIS Accounts Production v25.1.3.33 07845468 Board of Directors Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh078454682024-03-31078454682025-03-31078454682024-04-012025-03-31078454682023-03-31078454682023-04-012024-03-31078454682024-03-3107845468ns15:EnglandWales2024-04-012025-03-3107845468ns14:PoundSterling2024-04-012025-03-3107845468ns10:Director12024-04-012025-03-3107845468ns10:Director22024-04-012025-03-3107845468ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3107845468ns10:SmallEntities2024-04-012025-03-3107845468ns10:AuditExemptWithAccountantsReport2024-04-012025-03-3107845468ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3107845468ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3107845468ns10:FullAccounts2024-04-012025-03-3107845468ns10:Director32024-04-012025-03-3107845468ns10:Director42024-04-012025-03-3107845468ns10:RegisteredOffice2024-04-012025-03-3107845468ns5:CurrentFinancialInstruments2025-03-3107845468ns5:CurrentFinancialInstruments2024-03-3107845468ns5:ShareCapital2025-03-3107845468ns5:ShareCapital2024-03-3107845468ns5:SharePremium2025-03-3107845468ns5:SharePremium2024-03-3107845468ns5:RetainedEarningsAccumulatedLosses2025-03-3107845468ns5:RetainedEarningsAccumulatedLosses2024-03-3107845468ns5:MotorVehicles2024-04-012025-03-3107845468ns5:ComputerEquipment2024-04-012025-03-3107845468ns5:MotorVehicles2024-03-3107845468ns5:ComputerEquipment2024-03-3107845468ns5:MotorVehicles2025-03-3107845468ns5:ComputerEquipment2025-03-3107845468ns5:MotorVehicles2024-03-3107845468ns5:ComputerEquipment2024-03-3107845468ns5:AdditionsToInvestments2025-03-3107845468ns5:CostValuation2025-03-3107845468ns5:CurrentFinancialInstrumentsns5:WithinOneYear2025-03-3107845468ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-31
REGISTERED NUMBER: 07845468 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Speedquizzing Limited

Speedquizzing Limited (Registered number: 07845468)






Contents of the Financial Statements
for the year ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

Speedquizzing Limited

Company Information
for the year ended 31 March 2025







DIRECTORS: J M Leach
A S Leach
Mrs J Leach
Mrs C Leach





REGISTERED OFFICE: 106 Heworth Green
York
North Yorkshire
YO31 7TQ





REGISTERED NUMBER: 07845468 (England and Wales)





ACCOUNTANTS: Beaumonts
8 Navigation Court
Calder Park
Wakefield
West Yorkshire
WF2 7BJ

Speedquizzing Limited (Registered number: 07845468)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 8,676 13,142
Investments 5 15,000 -
23,676 13,142

CURRENT ASSETS
Stocks 21,766 8,464
Debtors 6 8,298 16,767
Cash at bank and in hand 803,579 712,066
833,643 737,297
CREDITORS
Amounts falling due within one year 7 193,212 200,088
NET CURRENT ASSETS 640,431 537,209
TOTAL ASSETS LESS CURRENT
LIABILITIES

664,107

550,351

PROVISIONS FOR LIABILITIES 1,929 3,046
NET ASSETS 662,178 547,305

CAPITAL AND RESERVES
Called up share capital 200 200
Share premium 8,500 8,500
Retained earnings 653,478 538,605
662,178 547,305

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Speedquizzing Limited (Registered number: 07845468)

Balance Sheet - continued
31 March 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 June 2025 and were signed on its behalf by:




A S Leach - Director



J M Leach - Director


Speedquizzing Limited (Registered number: 07845468)

Notes to the Financial Statements
for the year ended 31 March 2025

1. STATUTORY INFORMATION

Speedquizzing 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 represents net invoiced sales of services and products to facilitate the hosting of pub quizzes and trivia events, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
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 Statement of Income and Retained Earnings, 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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Government grants
Government grants of a revenue nature are recognised as income in the same period as the expenditure to which they relate.

Where these grants do not have any performance conditions attached they are recognised immediately as income in full in the period in which entitlement has been satisfied.

Speedquizzing Limited (Registered number: 07845468)

Notes to the Financial Statements - continued
for the year ended 31 March 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 9 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2024 12,000 31,585 43,585
Additions - 412 412
At 31 March 2025 12,000 31,997 43,997
DEPRECIATION
At 1 April 2024 1,250 29,193 30,443
Charge for year 2,688 2,190 4,878
At 31 March 2025 3,938 31,383 35,321
NET BOOK VALUE
At 31 March 2025 8,062 614 8,676
At 31 March 2024 10,750 2,392 13,142

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
Additions 15,000
At 31 March 2025 15,000
NET BOOK VALUE
At 31 March 2025 15,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 1,468 7,097
Other debtors 6,830 9,670
8,298 16,767

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 11,450 5,686
Taxation and social security 180,782 190,275
Other creditors 980 4,127
193,212 200,088

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Speedquizzing Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Speedquizzing Limited for the year ended 31 March 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Speedquizzing Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Speedquizzing Limited and state those matters that we have agreed to state to the Board of Directors of Speedquizzing Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Speedquizzing Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Speedquizzing Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Speedquizzing Limited. You consider that Speedquizzing Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Speedquizzing Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Beaumonts
8 Navigation Court
Calder Park
Wakefield
West Yorkshire
WF2 7BJ


5 June 2025