BSMN Padel Tours Ltd (formerly Cuels Limited) 28/02/2025 iXBRL

Company registration number: 09986213

BSMN Padel Tours Ltd (formerly Cuels Limited)

Unaudited filleted financial statements

28 February 2025

BSMN Padel Tours Ltd (formerly Cuels Limited)

Contents

Directors and other information

Accountants report

Statement of financial position

Statement of changes in equity

Notes to the financial statements

BSMN Padel Tours Ltd (formerly Cuels Limited)

Directors and other information


	Director	Bjorn Schroder


	Company number	09986213


	Registered office	Vaughan Chambers
		Vaughan Road
		Harpenden
		AL5 4EE


	Accountants	Hicks and Company
		Chartered Accountants
		Vaughan Chambers
		Vaughan Road
		Harpenden
		AL5 4EE

BSMN Padel Tours Ltd (formerly Cuels Limited)

Chartered accountants report to the director on the preparation of the

unaudited statutory financial statements of BSMN Padel Tours Ltd (formerly Cuels Limited)

Year ended 28 February 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of BSMN Padel Tours Ltd (formerly Cuels Limited) for the year ended 28 February 2025 which comprise the statement of financial position, statement of changes in equity and 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 at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the director of BSMN Padel Tours Ltd (formerly Cuels Limited), as a body, in accordance with the terms of our engagement letter dated 13 August 2024. Our work has been undertaken solely to prepare for your approval the financial statements of BSMN Padel Tours Ltd (formerly Cuels Limited) and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than BSMN Padel Tours Ltd (formerly Cuels Limited) and its director as a body for our work or for this report.

It is your duty to ensure that BSMN Padel Tours Ltd (formerly Cuels 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 loss of BSMN Padel Tours Ltd (formerly Cuels Limited). You consider that BSMN Padel Tours Ltd (formerly Cuels 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 BSMN Padel Tours Ltd (formerly Cuels 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.

Hicks and Company

Chartered Accountants

Vaughan Chambers

Vaughan Road

Harpenden

AL5 4EE

17 October 2025

BSMN Padel Tours Ltd (formerly Cuels Limited)

Statement of financial position

28 February 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	1,564		310
		_______		_______
			1,564		310

Current assets
Debtors	6	7,981		-
Cash at bank and in hand		29,023		41,648
		_______		_______
		37,004		41,648
Creditors: amounts falling due
within one year	7	( 11,792)		( 4,101)
		_______		_______
Net current assets			25,212		37,547
			_______		_______
Total assets less current liabilities			26,776		37,857

			_______		_______
Net assets			26,776		37,857
			_______		_______

Capital and reserves
Called up share capital			100		1
Profit and loss account			26,676		37,856
			_______		_______
Shareholders funds			26,776		37,857
			_______		_______

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 17 October 2025 , and are signed on behalf of the board by:

Bjorn Schroder

Director

Company registration number: 09986213

BSMN Padel Tours Ltd (formerly Cuels Limited)

Statement of changes in equity

Year ended 28 February 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 March 2023	1	39,931	39,932

Loss for the year		( 1,075)	( 1,075)
	_______	_______	_______
Total comprehensive income for the year	-	( 1,075)	( 1,075)

Dividends paid and payable		( 1,000)	( 1,000)
	_______	_______	_______
Total investments by and distributions to owners	-	( 1,000)	( 1,000)

	_______	_______	_______
At 28 February 2024 and 1 March 2024	1	37,856	37,857

Loss for the year		( 10,200)	( 10,200)
	_______	_______	_______
Total comprehensive income for the year	-	( 10,200)	( 10,200)

Issue of shares	99		99
Dividends paid and payable		( 980)	( 980)
	_______	_______	_______
Total investments by and distributions to owners	99	( 980)	( 881)

	_______	_______	_______
At 28 February 2025	100	26,676	26,776
	_______	_______	_______

BSMN Padel Tours Ltd (formerly Cuels Limited)

Notes to the financial statements

Year ended 28 February 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Vaughan Chambers, Vaughan Road, Harpenden, AL5 4EE.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Computer equipment	-	33.3 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.Debt instruments are subsequently measured at amortised cost.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Tangible assets

	Computer equipment	Total
	£	£
Cost
At 1 March 2024	1,237	1,237
Additions	1,965	1,965
	_______	_______
At 28 February 2025	3,202	3,202
	_______	_______
Depreciation
At 1 March 2024	927	927
Charge for the year	711	711
	_______	_______
At 28 February 2025	1,638	1,638
	_______	_______
Carrying amount
At 28 February 2025	1,564	1,564
	_______	_______
At 28 February 2024	310	310
	_______	_______

6. Debtors

	2025	2024
	£	£
Other debtors	7,981	-
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	286	253
Other creditors	11,506	3,848
	_______	_______
	11,792	4,101
	_______	_______

8. Directors advances, credits and guarantees

	During the year the director entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the director	Amounts repaid	Balance o/standing
		£	£	£	£
	Bjorn Schroder	( 3,188)	( 980)	3,099	( 1,069)
		_______	_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the director	Amounts repaid	Balance o/standing
		£	£	£	£
	Bjorn Schroder	( 2,188)	( 1,000)	-	( 3,188)
		_______	_______	_______	_______