Exsportise Limited
Exsportise Limited
Registered number: 02330930
Unaudited Financial Statements
For The Year Ended
30 September 2021
Exsportise Limited
Unaudited Financial Statements
For The Year Ended
30 September 2021
Unaudited Financial Statements
| Contents | |
| Page | |
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| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—5 |
Exsportise Limited
Balance Sheet
As at
30 September 2021
Balance Sheet
Registered number:
02330930
For the year ending 30 September 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
| 30 September 2021 | 30 September 2020 | ||||
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 3 |
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| CURRENT ASSETS | |||||
| Debtors | 4 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 5 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| Creditors: Amounts Falling Due After More Than One Year | 6 |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 7 |
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| Capital redemption reserve |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | 187,622 | 138,962 | |||
Exsportise Limited
Balance Sheet (continued)
As at
30 September 2021
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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Director
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The notes on pages 3 to 5 form part of these financial statements.
Exsportise Limited
Notes to the Financial Statements
For The Year Ended
30 September 2021
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Freehold |
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| Motor Vehicles |
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| Fixtures & Fittings |
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1.3.
Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows:
| 30 September 2021 | 30 September 2020 | ||
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| Office and administration |
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3.
Tangible Assets
| Land & Property | ||||
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| Freehold | Motor Vehicles | Fixtures & Fittings | Total | |
| £ | £ | £ | £ | |
| Cost | ||||
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| Additions |
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| Depreciation | ||||
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| Provided during the period |
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| Net Book Value | ||||
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Exsportise Limited
Notes to the Financial Statements (continued)
For The Year Ended
30 September 2021
4.
Debtors
| 30 September 2021 | 30 September 2020 | ||
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| £ | £ | ||
| Due within one year | |||
| Trade debtors |
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| Prepayments and accrued income |
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| Other debtors |
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5.
Creditors: Amounts Falling Due Within One Year
| 30 September 2021 | 30 September 2020 | ||
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| Trade creditors |
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| Bank loans and overdrafts |
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| Other taxes and social security |
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| Other creditors |
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| Accruals and deferred income |
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6.
Creditors: Amounts Falling Due After More Than One Year
| 30 September 2021 | 30 September 2020 | ||
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| £ | £ | ||
| Bank loans |
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| Other creditors |
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The mortgage is secured by way of a fixed charge on the property. Included within creditors are:
Aberdeen House £446,286 (2020 : £469,546)
Of the creditors falling due within and after more than one year the following amounts are due after more than five years.
| 30 September 2021 | 30 September 2020 | ||
|---|---|---|---|
| £ | £ | ||
| Bank loans and overdrafts | 329,327 | 342,932 |
Exsportise Limited
Notes to the Financial Statements (continued)
For The Year Ended
30 September 2021
8.
Related Party Transactions
Sportplan Ltd
J A van Asselt is a shareholder and director of Sportplan Ltd.
During the period, sales to Sportplan Ltd amounted to £24,000 (2020 : £21,000). As at 30 September 2021, the sales ledger balance in respect of Sportplan Ltd stood at £2,000 (2020 : £1,500).
9.
General Information
Exsportise Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
02330930
. The registered office is 4 Grange Close, Bletchingley, Redhill, RH1 4LW.