Fireball Sports Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 04622561 (England and Wales)

Unaudited Cessation Financial Statements

for the Year Ended 31 December 2023

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

-

34

CURRENT ASSETS

Debtors

5

-

10,168

Cash at bank

-

132

-

10,300

CREDITORS

Amounts falling due within one year

6

-

(3,556

)

NET CURRENT ASSETS

-

6,744

TOTAL ASSETS LESS CURRENT LIABILITIES

-

6,778

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

(100

)

6,678

SHAREHOLDERS' FUNDS

-

6,778

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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 February 2024 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 and machinery

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 January 2023

4,932

Disposals

(4,932

)

At 31 December 2023

-

DEPRECIATION

At 1 January 2023

4,898

Charge for year

34

Eliminated on disposal

(4,932

)

At 31 December 2023

-

NET BOOK VALUE

At 31 December 2023

-

At 31 December 2022

34

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.23

31.12.22

£

£

Other debtors

-

10,168

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.23

31.12.22

£

£

Directors' current accounts

-

2,000

Accrued expenses

-

1,556

-

3,556

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.23

31.12.22

value:

£

£

100

Ordinary

£1

100

100

8.

RESERVES

Retained

earnings

£

At 1 January 2023

6,678

Deficit for the year

(757

)

Inter-company loan written off

(6,021

)

At 31 December 2023

(100

)

9.	RELATED PARTY DISCLOSURES

During the year, a balance due of £6,021 from Diamond Golf International Ltd, an associated company, was written off by the company.

At the balance sheet date, Diamond Golf International Ltd owed the company £Nil (2022: £9,919). This balance is interest free and repayable on demand.

10.	CONTROLLING PARTY

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