Basketball World News Limited

Basketball World News Limited

BASKETBALL WORLD NEWS LIMITED - Company Information

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Company Registration No. 6398496 (England and Wales)
Basketball World News Limited Unaudited accounts for the year ended 31 March 2023
Basketball World News Limited Unaudited accounts Contents
Page
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Basketball World News Limited Company Information for the year ended 31 March 2023
Director
Jeffrey Taylor
Company Number
6398496 (England and Wales)
Registered Office
The Old Barn, Anchorage Lane Sprotbrough Doncaster South Yorkshire DN5 8DT United Kingdom
Accountants
Campbell and Stenton Accountancy The Old Barn, Anchorage Lane Sprotbrough Doncaster South Yorkshire DN5 8DT
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Basketball World News Limited Accountants' report
Accountants' report to the director of Basketball World News Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Basketball World News Limited for the year ended 31 March 2023 as set out on pages 5 - 6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Basketball World News Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Basketball World News Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Basketball World News Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Basketball World News Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Basketball World News Limited. You consider that Basketball World News Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Basketball World News Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Campbell and Stenton Accountancy The Old Barn, Anchorage Lane Sprotbrough Doncaster South Yorkshire DN5 8DT 19 December 2023
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Basketball World News Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
178 
296 
Current assets
Cash at bank and in hand
2,421 
2,912 
Creditors: amounts falling due within one year
1,411 
(2,799)
Net current assets
3,832 
113 
Net assets
4,010 
409 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
3,910 
309 
Shareholders' funds
4,010 
409 
For the year ending 31 March 2023 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 December 2023 and were signed on its behalf by
Jeffrey Taylor Director Company Registration No. 6398496
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Basketball World News Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Basketball World News Limited is a private company, limited by shares, registered in England and Wales, registration number 6398496. The registered office is The Old Barn, Anchorage Lane, Sprotbrough, Doncaster, South Yorkshire, DN5 8DT, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
40% reducing balance
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2022
7,199 
At 31 March 2023
7,199 
Depreciation
At 1 April 2022
6,903 
Charge for the year
118 
At 31 March 2023
7,021 
Net book value
At 31 March 2023
178 
At 31 March 2022
296 
5
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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