Xtreme Training Centre Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08774445 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 14 November 2013 to 30 November 2014

for

Xtreme Training Centre Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

L V Hosking

SECRETARY:

REGISTERED OFFICE:

High Street Business Centre

42a High Street

Sutton Coldfield

West Midlands

B72 1UJ

REGISTERED NUMBER:

08774445 (England and Wales)

ACCOUNTANTS:

Salhan Accountants Limited

54 Hagley Road

Birmingham

B16 8PE

FIXED ASSETS

Tangible assets

2

19,125

CURRENT ASSETS

Stocks

1,394

Cash at bank

1,381

2,775

CREDITORS

Amounts falling due within one year

26,581

NET CURRENT LIABILITIES

(23,806

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(4,681

)

PROVISIONS FOR LIABILITIES

3,825

NET LIABILITIES

(8,506

)

RESERVES

Profit and loss account

(8,506

)

(8,506

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 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 3 August 2015 and were signed by:

L V Hosking - 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).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

22,500

At 30 November 2014

22,500

DEPRECIATION

Charge for period

3,375

At 30 November 2014

3,375

NET BOOK VALUE

At 30 November 2014

19,125