Grandstands Worldwide Limited - Limited company - abbreviated - 11.6
Grandstands Worldwide Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 30 April 2014 |
| for |
| Grandstands Worldwide Limited |
| Grandstands Worldwide Limited (Registered number: 05770931) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 30 April 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Grandstands Worldwide Limited |
| Company Information |
| for the Year Ended 30 April 2014 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Business Advisers and Accountants |
| Grandstands Worldwide Limited (Registered number: 05770931) |
| Abbreviated Balance Sheet |
| 30 April 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Prepayments and accrued income |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| CREDITORS |
| Amounts falling due after more than one year | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) |
| ACCRUALS AND DEFERRED INCOME | ( |
) | ( |
) |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Share premium |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The director acknowledges his 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. |
| Grandstands Worldwide Limited (Registered number: 05770931) |
| Abbreviated Balance Sheet - continued |
| 30 April 2014 |
| The financial statements were approved by the director on |
| Grandstands Worldwide Limited (Registered number: 05770931) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 30 April 2014 |
| 1. | ACCOUNTING POLICIES |
| Going concern |
| The company's balance sheet shows a net deficit shareholders fund position. However, the director has received the |
| confirmation from the shareholders of their continued financial support for the foreseeable future and for at least |
| twelve months from the date of signature of these accounts. |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the |
| Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance |
| sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of |
| transaction. Exchange differences are taken into account in arriving at the operating result. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 May 2013 |
| and 30 April 2014 |
| DEPRECIATION |
| At 1 May 2013 |
| Charge for year |
| At 30 April 2014 |
| NET BOOK VALUE |
| At 30 April 2014 |
| At 30 April 2013 |
| Grandstands Worldwide Limited (Registered number: 05770931) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 30 April 2014 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary Shares | £1 |
| Redeemable Preference Shares | £1 |
| 1,150 | 1,150 |
| 4. | CONTROLLING PARTY |
| The controlling party is |