On The Ball Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11674953 (England and Wales)

Report of the Directors and

Abridged Financial Statements

for the Period 13 November 2018 to 30 November 2019

for

On The Ball Ltd

Page

Company Information

1

Report of the Directors

2

Abridged Balance Sheet

3

Notes to the Financial Statements

4

DIRECTORS:

R Green

J Bailey

REGISTERED OFFICE:

12 Langdale Drive

Ackworth

Pontefract

West Yorkshire

WF7 7PX

REGISTERED NUMBER:

11674953 (England and Wales)

ACCOUNTANTS:

TH Accounting Solutions

Suite 7, Turner Business Centre

Greengate

Middleton

Greater Manchester

M24 1RU

The directors present their report with the financial statements of the company for the period 13 November 2018 to 30 November 2019.

INCORPORATION

The company was incorporated on 13 November 2018 and commenced trading on the same date.

DIRECTORS

The directors who have held office during the period from 13 November 2018 to the date of this report are as follows:

R Green - appointed 13 November 2018

J Bailey - appointed 13 November 2018

Both the directors who are eligible offer themselves for election at the forthcoming first Annual General Meeting.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

R Green - Director

9 November 2020

CURRENT ASSETS

Debtors

2,527

Cash at bank

217

2,744

CREDITORS

Amounts falling due within one year

2,041

NET CURRENT ASSETS

703

TOTAL ASSETS LESS CURRENT LIABILITIES

703

CAPITAL AND RESERVES

Called up share capital

4

2

Retained earnings

5

701

SHAREHOLDERS' FUNDS

703

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2019 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.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 30 November 2019 in accordance with Section 444(2A) of the Companies Act 2006.

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 9 November 2020 and were signed on its behalf by:

R Green - Director

J Bailey - Director

1.	STATUTORY INFORMATION

On The Ball Ltd 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary

1

2

5.

RESERVES

Retained

earnings

£

Profit for the period

8,701

Dividends

(8,000

)

At 30 November 2019

701

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 November 2019:

£

R Green

Balance outstanding at start of period

-

Amounts advanced

2,527

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

2,527

7.	ULTIMATE CONTROLLING PARTY

The company is under the control of the directors by their joint shareholding in the business.