Accounts filed on 31-03-2015
Accounts filed on 31-03-2015
trueAgon Sports Management Limited084283692015-03-31-11104-11229-11004-11129100100-11004-11129-11004-11129-11426-11661267142580015288141391528814139422532422532Basis of accounting
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
The turnover shown in the profit and loss account represents amounts invoiced during the year.
Fixed Assets
All fixed assets are initially recorded at cost.
Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.EquipmentReducing balance method0.25007407103031817814074071030318178140Ordinary10000.10100100Ordinary0.101001001000Balance sheet Spare note 1 (user defined)GOING CONCERN
At 31st March 2015 the company's balance sheet was in deficit by £11,017 (2014: £11,129). The directors confirm that the company is a going concern and that they will continue to support the company financially for the foreseeable future.2015-12-17Mr C Matthewstruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureAgon Sports Management Limited2014-04-012015-03-31Agon Sports Management Limited2013-03-042014-03-31Agon Sports Management Limited2013-03-03Agon Sports Management Limited2014-03-31Agon Sports Management Limited2014-03-31Agon Sports Management Limited2015-03-31 2015-12-18
