Active Ambitions Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07001124 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2014

FOR

ACTIVE AMBITIONS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr A Sheen

SECRETARY:

Mr A Sheen

REGISTERED OFFICE:

2 Mountside

Stanmore

Middlesex

HA7 2DT

REGISTERED NUMBER:

07001124 (England and Wales)

ACCOUNTANTS:

Mountsides Limited

Chartered Accountants

2 Mountside

Stanmore

Middlesex

HA7 2DT

CURRENT ASSETS

Debtors

12,504

11,869

CREDITORS

Amounts falling due within one year

12,380

11,343

NET CURRENT ASSETS

124

526

TOTAL ASSETS LESS CURRENT LIABILITIES

124

526

CAPITAL AND RESERVES

Called up share capital

2

100

100

Profit and loss account

24

426

SHAREHOLDERS' FUNDS

124

526

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2014 in accordance with Section 476 of the Companies Act 2006.

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.

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 director on 28 May 2015 and were signed by:

Mr A Sheen - 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).

Going concern

The director has reviewed the position for the next twelve months and believes that the preparation of the

accounts on a going concern basis is appropriate.

Turnover

Turnover represents the total invoice value, excluding value added tax, of sports training and management

services provided during the year.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1.00

100

100

3.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2014 and

31 August 2013:

2014

2013

£

£

Mr A Sheen

Balance outstanding at start of year

9,495

2,871

Amounts advanced

15,325

41,560

Amounts repaid

(14,690

)

(34,936

)

Balance outstanding at end of year

10,130

9,495