Battle Grapple Limited
Battle Grapple Limited
Unaudited Financial Statements
For the Period
1 July 2020
to
31 December 2021
Page 1
Battle Grapple Limited
Unaudited Financial Statements
For the Period
1 July 2020
to
31 December 2021
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—4 |
Page 1
Battle Grapple Limited
Balance Sheet
As at
31 December 2021
Balance Sheet
Registered number:
12057186
For the period ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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.
| 31 December 2021 | 30 June 2020 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 3 |
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| CURRENT ASSETS | |||||
| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 4 |
( |
( |
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| NET CURRENT ASSETS (LIABILITIES) |
( |
( |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
( |
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| NET LIABILITIES |
( |
( |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 5 |
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| Profit and Loss Account |
( |
( |
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| SHAREHOLDERS' FUNDS | (8,591) | (6,535) | |||
Page 1
Page 2
Battle Grapple Limited
Balance Sheet (continued)
As at
31 December 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 4 form part of these financial statements.
Page 2
Page 3
Battle Grapple Limited
Notes to the Financial Statements
For the Period
1 July 2020
to
31 December 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.
Going Concern Disclosure
As at 31 December 2021 the company has net current liabilities and net liabilities. The company's ultimate controlling party has indicated they will continue to support the company for the foreseeable future, therefore the accounts are prepared on a going concern basis.
1.3.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
1.4.
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:
| Computer Equipment |
|
2.
Average Number of Employees
The average number of employees, including directors, during the year was 2 (2020: 2)
3.
Tangible Assets
| Computer Equipment | |
|---|---|
| £ | |
| Cost | |
| As at
|
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| As at
|
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| Depreciation | |
| As at
|
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| Provided during the period |
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| As at
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| Net Book Value | |
| As at
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| As at
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Page 3
Page 4
Battle Grapple Limited
Notes to the Financial Statements (continued)
For the Period
1 July 2020
to
31 December 2021
4.
Creditors: Amounts Falling Due Within One Year
| 31 December 2021 | 30 June 2020 | ||
|---|---|---|---|
| £ | £ | ||
| Other creditors | 8,641 | 8,222 | |
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Within Other creditors are Directors Loans of £1,741
(2020 £1,322). These loans are unsecured, interest free and repayable on demand.
5.
Share Capital
| 31 December 2021 | 30 June 2020 | ||
|---|---|---|---|
| Allotted, Called up and fully paid |
|
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6.
General Information
Battle Grapple Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
12057186
. The registered office is 18 Larch Avenue, Guildford, Surrey, GU1 1JY.
Page 4