SDJ Sports Limited - Limited company - abbreviated

REGISTERED NUMBER: 08192169 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

SDJ SPORTS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

D L Coates

R S Gill

J McNeice

REGISTERED OFFICE:

Unit 7 Brookside Ind Estate

Glatton Road

Sawtry

Nr Huntingdon

Cambridgeshire

PE28 5SB

REGISTERED NUMBER:

08192169 (England and Wales)

ACCOUNTANTS:

Gibson Booth Limited

12 Victoria Road

Barnsley

South Yorkshire

S70 2BB

BANKERS:

HSBC

1 Wells Road

Ilkley

West Yorkshire

LS29 9JB

FIXED ASSETS

Intangible assets

2

5,069

7,877

Tangible assets

3

17,989

8,327

23,058

16,204

CURRENT ASSETS

Stocks

119,298

115,750

Debtors

9,688

5,070

Cash at bank and in hand

59,619

26,305

188,605

147,125

CREDITORS

Amounts falling due within one year

119,581

143,046

NET CURRENT ASSETS

69,024

4,079

TOTAL ASSETS LESS CURRENT
LIABILITIES

92,082

20,283

PROVISIONS FOR LIABILITIES

4,611

3,241

NET ASSETS

87,471

17,042

CAPITAL AND RESERVES

Called up share capital

4

30

Profit and loss account

87,441

17,012

SHAREHOLDERS' FUNDS

87,471

17,042

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 24 March 2015 and were
signed on its behalf by:

D L Coates - Director

1.	ACCOUNTING POLICIES

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 is recognised to the extent that the company has obtained the right to

consideration through the performance of its contractual obligations. Where the substance

is that the company's contractual obligations are performed over time, turnover is

recognised as contract activity progresses to reflect the company's partial performance of

its contractual obligations. The amount recognised represents the right to consideration by

reference to the value of the work performed.

Amortisation

Amortisation is calculated so as to write off the cost of an asset over the useful economic

life of the asset as follows:

Website - Straight line over 3 years

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over

its

estimated useful life.

Computer equipment - Straight line over 5 years

Fixtures and fittings - Straight line over 5 years

Plant and machinery - Straight line over 5 years

Stocks

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

for obsolete and slow moving items.

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.

Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of

ownership remain with the lessor are charged profits on a straight line basis over the period

of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

10,171

Additions

687

At 31 December 2014

10,858

AMORTISATION

At 1 January 2014

2,294

Amortisation for year

3,495

At 31 December 2014

5,789

NET BOOK VALUE

At 31 December 2014

5,069

At 31 December 2013

7,877

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

9,671

Additions

12,379

At 31 December 2014

22,050

DEPRECIATION

At 1 January 2014

1,344

Charge for year

2,717

At 31 December 2014

4,061

NET BOOK VALUE

At 31 December 2014

17,989

At 31 December 2013

8,327

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

£

30

Ordinary

1

30

5.	ULTIMATE PARENT COMPANY

SDJ Sports 2012 Limited is the company's ultimate parent company.

SDJ Sports Limited - Limited company - abbreviated - 11.6

SDJ Sports Limited - Limited company - abbreviated - 11.6