Sport Social Ltd - Limited company - abbreviated - 11.0.0

SPORT SOCIAL LTD

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P Craghill

A J Roberts

S J P Elder

N J Gray

REGISTERED OFFICE:

14 High Street

Welwyn

Hertfordshire

AL6 9EQ

REGISTERED NUMBER:

07909539 (England and Wales)

ACCOUNTANTS:

RS Partnership Ltd.

Riverside House

14 Prospect Place

Welwyn

Hertfordshire

AL6 9EN

CURRENT ASSETS

Debtors

19,351

4

Cash at bank

16,353

-

35,704

4

CREDITORS

Amounts falling due within one year

22,722

-

NET CURRENT ASSETS

12,982

4

TOTAL ASSETS LESS CURRENT LIABILITIES

12,982

4

CAPITAL AND RESERVES

Called up share capital

2

4

4

Profit and loss account

12,978

-

SHAREHOLDERS' FUNDS

12,982

4

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 12 June 2014 and were signed on its behalf by:

P Craghill - Director

N J Gray - Director

A J Roberts - Director

S J P Elder - 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 represents net invoiced sales of goods, excluding value added tax.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

4

Ordinary A

£1

4

4

3.	RELATED PARTY DISCLOSURES

During the year the following transactions took place with Golf Marketing Services Limited, a company in which

both Neil Gray and Phil Craghill are both directors.

Rents were paid to Golf Marketing Services Ltd during the year totalling £5,000.

Included in Trade Creditors are monies owed to Golf Marketing Services Ltd totalling £8,539.

Services were provided by Golf Marketing Services Ltd during the year totalling £15,569.

Services were provided to Golf Marketing Services Ltd during the year totalling £4,000.