Fireball Sports Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04622561 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2021

for

Fireball Sports Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D C Treacy

A T Peskett

A M Harvey

SECRETARY:

D C Treacy

REGISTERED OFFICE:

U4-U5 Rudford Industrial Estate

Ford Road

Ford

Sussex

BN18 0BF

REGISTERED NUMBER:

04622561 (England and Wales)

ACCOUNTANTS:

Nichols & Co ( Accountancy ) Limited

Chartered Accountants

Unit 7

Mulberry Place

Pinnell Road

Eltham

London

SE9 6AR

FIXED ASSETS

Tangible assets

4

46

62

CURRENT ASSETS

Debtors

5

10,918

11,718

Cash at bank

182

152

11,100

11,870

CREDITORS

Amounts falling due within one year

6

(3,557

)

(3,557

)

NET CURRENT ASSETS

7,543

8,313

TOTAL ASSETS LESS CURRENT LIABILITIES

7,589

8,375

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

7,489

8,275

SHAREHOLDERS' FUNDS

7,589

8,375

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2022 and were signed on its behalf by:

D C Treacy - Director

1.	STATUTORY INFORMATION

Fireball Sports 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.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant , fixtures and fittings 25% reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2020 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 January 2021

and 31 December 2021

4,932

DEPRECIATION

At 1 January 2021

4,870

Charge for year

16

At 31 December 2021

4,886

NET BOOK VALUE

At 31 December 2021

46

At 31 December 2020

62

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.21

31.12.20

£

£

Other debtors

10,918

11,718

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.21

31.12.20

£

£

Directors' current accounts

2,000

2,000

Accrued expenses

1,557

1,557

3,557

3,557

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.21

31.12.20

value:

£

£

100

Ordinary

£1

100

100

8.	RELATED PARTY DISCLOSURES

With the exception of a further small loan and a few loan repayments, no transactions occurred during the year between the company and Diamond Golf International Ltd (DGI), an associated company. At the balance sheet date £10,669 was owed by DGI (2020: £11,469).

9.	CONTROLLING PARTY

The company is controlled by its directors. The ultimate controlling party is D C Treacy, a director of the company.