Eton Blue Racing Limited - Period Ending 2021-07-31
Eton Blue Racing Limited - Period Ending 2021-07-31
Registration number:
Eton Blue Racing Limited
for the Year Ended 31 July 2021
Profit and Loss Account for the Year Ended 31 July 2021
The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.
(Registration number: 08614761)
Balance Sheet as at 31 July 2021
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2020 |
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Current assets |
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Cash at bank and in hand |
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Capital and reserves |
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Called up share capital |
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Shareholders' funds |
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For the financial year ending 31 July 2021 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
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Notes to the Unaudited Financial Statements for the Year Ended 31 July 2021
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
England
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
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Cash and cash equivalents |
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2021 |
2020 |
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Cash at bank |
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Staff numbers |
The average number of persons employed by the company (including the director) during the year, was