Box Clever Sports Limited

Box Clever Sports Limited

BOX CLEVER SPORTS LIMITED - Company Information

Print Friendly Version

1 April 2021 false No description of principal activity Taxfiler 2022.10.5 07171500business:PrivateLimitedCompanyLtd2021-04-012022-03-31 071715002021-03-31 071715002021-04-012022-03-31 07171500business:AuditExempt-NoAccountantsReport2021-04-012022-03-31 07171500business:FullAccounts2021-04-012022-03-31 071715002022-03-31 07171500business:Director12021-04-012022-03-31 07171500business:RegisteredOffice2021-04-012022-03-31 071715002021-03-31 07171500core:WithinOneYear2022-03-31 07171500core:WithinOneYear2021-03-31 07171500core:ShareCapital2022-03-31 07171500core:ShareCapital2021-03-31 07171500core:RetainedEarningsAccumulatedLosses2022-03-31 07171500core:RetainedEarningsAccumulatedLosses2021-03-31 07171500business:SmallEntities2021-04-012022-03-31 07171500countries:EnglandWales2021-04-012022-03-31 07171500core:PlantMachinery2021-04-012022-03-31 07171500core:ComputerEquipment2021-04-012022-03-31 07171500core:PlantMachinery2021-03-31 07171500core:MotorVehicles2021-03-31 07171500core:FurnitureFittings2021-03-31 07171500core:ComputerEquipment2021-03-31 07171500core:MotorVehicles2021-04-012022-03-31 07171500core:FurnitureFittings2021-04-012022-03-31 07171500core:PlantMachinery2022-03-31 07171500core:MotorVehicles2022-03-31 07171500core:FurnitureFittings2022-03-31 07171500core:ComputerEquipment2022-03-31 071715002020-04-012021-03-31 iso4217:GBP xbrli:pure
Company Registration No. 07171500 (England and Wales)
Box Clever Sports Limited Unaudited accounts for the year ended 31 March 2022
Box Clever Sports Limited Unaudited accounts Contents
Page
- 2 -
Box Clever Sports Limited Company Information for the year ended 31 March 2022
Director
Peter Liggins
Company Number
07171500 (England and Wales)
Registered Office
2b Mozart Street London W10 4LA
Accountants
Gardian Accounting Ltd 32 Stapleton Road Borehamwood Hertfordshire WD6 5BP
- 3 -
Box Clever Sports Limited Statement of financial position as at 31 March 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
14,699 
9,671 
Current assets
Debtors
5
473,362 
434,909 
Cash at bank and in hand
251,813 
146,080 
725,175 
580,989 
Creditors: amounts falling due within one year
6
(322,579)
(163,234)
Net current assets
402,596 
417,755 
Net assets
417,295 
427,426 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
417,294 
427,425 
Shareholders' funds
417,295 
427,426 
For the year ending 31 March 2022 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.
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 30 June 2022 and were signed on its behalf by
Peter Liggins Director Company Registration No. 07171500
- 4 -
Box Clever Sports Limited Notes to the Accounts for the year ended 31 March 2022
1
Statutory information
Box Clever Sports Limited is a private company, limited by shares, registered in England and Wales, registration number 07171500. The registered office is 2b Mozart Street, London, W10 4LA.
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:
Plant & machinery
Straight Line - over 3 years
Computer equipment
Straight Line - over 3 years
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2021
54,154 
- 
- 
1,193 
55,347 
Additions
- 
16,140 
937 
166 
17,243 
At 31 March 2022
54,154 
16,140 
937 
1,359 
72,590 
Depreciation
At 1 April 2021
45,278 
- 
- 
398 
45,676 
Charge for the year
8,875 
2,690 
234 
416 
12,215 
At 31 March 2022
54,153 
2,690 
234 
814 
57,891 
Net book value
At 31 March 2022
1 
13,450 
703 
545 
14,699 
At 31 March 2021
8,876 
- 
- 
795 
9,671 
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Other debtors
473,362 
434,909 
- 5 -
Box Clever Sports Limited Notes to the Accounts for the year ended 31 March 2022
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
VAT
3,793 
11,403 
Trade creditors
2,635 
5,531 
Taxes and social security
8,258 
13,005 
Other creditors
101,835 
34,791 
Loans from directors
62,258 
27,005 
Accruals
143,800 
71,499 
322,579 
163,234 
7
Transactions with related parties
As at the year end there is an outstanding loan to Cherry Cherry Ltd for £ 473,361.93 (2021 £434,909.74). The Director Peter Liggins is a 50% shareholder of this company. The loan is an arm's length transaction incurring interest at 2% per annum
8
Average number of employees
During the year the average number of employees was 2 (2021: 1).
- 6 -