Abbreviated Company Accounts - CLUB FOOTIE LIMITED
Abbreviated Company Accounts - CLUB FOOTIE LIMITED
Registered Number 07437809
CLUB FOOTIE LIMITED
Abbreviated Accounts
30 November 2013
CLUB FOOTIE LIMITED Registered Number 07437809
Abbreviated Balance Sheet as at 30 November 2013
Notes | 2013 | 2012 | |
---|---|---|---|
£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
|
|
|
|||
Current assets | |||
Debtors |
|
|
|
|
|
||
Creditors: amounts falling due within one year |
( |
( |
|
Net current assets (liabilities) |
( |
( |
|
Total assets less current liabilities |
( |
( |
|
Total net assets (liabilities) |
( |
( |
|
Capital and reserves | |||
Called up share capital | 3 |
|
|
Profit and loss account |
( |
( |
|
Shareholders' funds |
( |
( |
For the year ending 30 November 2013 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the Board on
And signed on their behalf by:
CLUB FOOTIE LIMITED Registered Number 07437809
Notes to the Abbreviated Accounts for the period ended 30 November 2013
1Accounting Policies
Basis of measurement and preparation of accounts
Intangible assets amortisation policy
Webstie development - not amortised
Other accounting policies
Research and development expenditure is written off as incurred, except that development expenditure incurred on an individual project is carried forward when its future recoverability can reasonably be regarded as assured. Any expenditure carried forward is amortised in line with the expected future sales from the related project.
Financial Instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities, or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.
£ | |
---|---|
Cost | |
At 1 December 2012 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 30 November 2013 |
|
Amortisation | |
At 1 December 2012 |
|
Charge for the year |
|
On disposals |
|
At 30 November 2013 |
|
Net book values | |
At 30 November 2013 | 87,319 |
At 30 November 2012 | 83,802 |