Christian Malcolm Sports Academy Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10455860 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2018

for

Christian Malcolm Sports Academy Limited

(A company limited by guarantee)

Page

Company Information

1

Chartered Accountants' Report

2

Abridged Balance Sheet

3

Notes to the Financial Statements

4

DIRECTORS:

Mr C S Malcolm

Mrs L M Waddon

SECRETARY:

Ms C B Isaacs

REGISTERED OFFICE:

113 Great Oaks Park

Rogerstone

Newport

NP10 9DY

REGISTERED NUMBER:

10455860 (England and Wales)

ACCOUNTANTS:

Macario Lewin

Chartered Accountants

Bellarmine House

14 Upper Church Street

Chepstow

Monmouthshire

NP16 5EX

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited

financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet.

Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are

not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial

statements of Christian Malcolm Sports Academy Limited for the year ended 30 November 2018 which comprise the Profit and

Loss Account, Abridged Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Christian Malcolm Sports Academy Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Christian Malcolm Sports Academy Limited and state those matters that we have agreed to state to the Board of Directors of Christian Malcolm Sports Academy Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Christian Malcolm Sports Academy Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Christian Malcolm Sports Academy Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Christian Malcolm Sports Academy Limited. You consider that Christian Malcolm Sports Academy 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 financial statements of Christian Malcolm Sports Academy 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 financial statements.

Macario Lewin

Chartered Accountants

Bellarmine House

14 Upper Church Street

Chepstow

Monmouthshire

NP16 5EX

24 May 2019

CURRENT ASSETS

Stocks

100

100

Debtors

7,326

1,950

Cash at bank

7,168

6,723

14,594

8,773

CREDITORS

Amounts falling due within one year

4,549

4,240

NET CURRENT ASSETS

10,045

4,533

TOTAL ASSETS LESS CURRENT LIABILITIES

10,045

4,533

RESERVES

Income and expenditure account

10,045

4,533

10,045

4,533

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2018 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 surplus or deficit 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 of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 November 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 24 May 2019 and were signed on its behalf by:

Mrs L M Waddon - Director

1.	STATUTORY INFORMATION

Christian Malcolm Sports Academy Limited is a private company, limited by guarantee , registered in England and Wales.

The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 and other

similar allowances. Turnover from the sale of goods is recognised when goods are delivered and legal title passed.

Turnover from services is recognised when the services are

provided.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 year 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.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year the director was granted interest free short term advances totalling £7,730. At the year end the balance

outstanding was £7,226.

4.	LIMITED BY GUARANTEE

This company is limited by guarantee and does not have a share capital.

The liability of the member in the event of the company being liquidated is limited to £Nil.