Abbreviated Company Accounts - SPORTINGOLD LIMITED

SPORTINGOLD LIMITED - Company Information

Registered Number 03972852

SPORTINGOLD LIMITED

Abbreviated Accounts

30 April 2015

SPORTINGOLD LIMITED Registered Number 03972852

Abbreviated Balance Sheet as at 30 April 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets	2	1,005	1,340
Investments		-	-
		1,005	1,340
Current assets
Stocks		69,500	79,900
Debtors		4,096	8,636
Investments		-	-
Cash at bank and in hand		35,928	42,209
		109,524	130,745
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(54,369)	(78,936)
Net current assets (liabilities)		55,155	51,809
Total assets less current liabilities		56,160	53,149
Creditors: amounts falling due after more than one year		0	0
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		56,160	53,149
Capital and reserves
Called up share capital		200	200
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		55,960	52,949
Shareholders' funds		56,160	53,149

For the year ending 30 April 2015 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 26 January 2016

And signed on their behalf by:
Christopher J Williams, Director

SPORTINGOLD LIMITED Registered Number 03972852

Notes to the Abbreviated Accounts for the period ended 30 April 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Tangible assets depreciation policy
Depreciation has been provided at the following rate in order to write off the assets over their estimated useful lives. Fixtures and Fittings , 25% reducing balance method.

2Tangible fixed assets

	£
Cost
At 1 May 2014	4,237
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2015	4,237
Depreciation
At 1 May 2014	2,897
Charge for the year	335
On disposals	0
At 30 April 2015	3,232
Net book values
At 30 April 2015	1,005
At 30 April 2014	1,340