READY FOR BATTLE LTD - Accounts

READY FOR BATTLE LTD - Accounts

READY FOR BATTLE LTD - Company Information

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Registered Number: 12592228
England and Wales

 

 

 

READY FOR BATTLE LTD


Abridged Accounts
 


Period of accounts

Start date: 07 May 2020

End date: 31 May 2021

READY FOR BATTLE LTD
Contents Page
For the period ended 31 May 2021
  2021
    £ £
Current assets 5,941   
Creditors: amount falling due within one year (30,206)  
Net current liabilities   (24,265)
Total assets less current liabilities   (24,265)
Creditors: amount falling due after more than one year   (4,455)
Net liabilities   (28,720)
 

     
Capital and reserves   (28,720)
 
NOTES TO THE ACCOUNTS

General Information
READY FOR BATTLE LTD is a private company, limited by shares, registered in England and Wales, registration number 12592228, registration address 56 Catherton Close, Tipton, DY4 0DQ.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared on the going concern basis and under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Website cost
Planning and operating costs for the company's website are charged to the income statement as incurred.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average number of employees during the period was 3.


For the period ended 31 May 2021 the company was entitled to exemption from audit under section 477 of the companies act 2006 relating to small companies.

Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the companies act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, the financial reporting standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.
The financial statements were approved by the board of directors on 26 January 2022 and were signed on its behalf by:


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Christopher Paul Conrad Green
Director
1