Company Registration No. 12724459 (England and Wales)
Compete Impossible Ltd
Unaudited accounts
for the year ended 31 December 2024
Compete Impossible Ltd
Unaudited accounts
Contents
Compete Impossible Ltd
Company Information
for the year ended 31 December 2024
Company Number
12724459 (England and Wales)
Registered Office
13 ARAGON COURT SHOPPENHANGERS ROAD
MAIDENHEAD
SL6 2QA
ENGLAND
Compete Impossible Ltd
Statement of financial position
as at 31 December 2024
Intangible assets
219,991
211,899
Cash at bank and in hand
4,186
69,686
Net current assets
5,555
96,964
Net assets
225,546
308,863
Called up share capital
302,323
289,233
Share premium
221,496
221,496
Profit and loss account
(298,273)
(201,866)
Shareholders' funds
225,546
308,863
For the year ending 31 December 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 April 2025 and were signed on its behalf by
Martin Lacey
Director
Company Registration No. 12724459
Compete Impossible Ltd
Notes to the Accounts
for the year ended 31 December 2024
Compete Impossible Ltd is a private company, limited by shares, registered in England and Wales, registration number 12724459. The registered office is 13 ARAGON COURT SHOPPENHANGERS ROAD, MAIDENHEAD, SL6 2QA, ENGLAND.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation over 5 years
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Intangible fixed assets
Goodwill
At 31 December 2024
475,346
Charge for the year
95,069
At 31 December 2024
255,355
At 31 December 2024
219,991
At 31 December 2023
211,899
Amounts falling due within one year
Other debtors
1,369
27,278
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Average number of employees
During the year the average number of employees was 0 (2023: 0).