Pro Futures Soccer Schools Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 05965330 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31ST OCTOBER 2013

FOR

Pro Futures Soccer Schools Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S P Copley

Mrs G E Copley

D White

SECRETARY:

Mrs G E Copley

REGISTERED OFFICE:

80 Watling Street

Dartford

Kent

DA2 6AE

REGISTERED NUMBER:

05965330 (England and Wales)

ACCOUNTANTS:

Osborn & Osborn Ltd

24 Longley Road

Rainham

Gillingham

Kent

ME8 7RT

FIXED ASSETS

-

Intangible assets

2

-

1

Tangible assets

3

395

1

395

CURRENT ASSETS

2,226

Cash at bank

1,274

CREDITORS

17,833

Amounts falling due within one year

25,711

(15,607

)

NET CURRENT LIABILITIES

(24,437

)

(15,606

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(24,042

)

CREDITORS

482

Amounts falling due after more than one year

-

(16,088

)

NET LIABILITIES

(24,042

)

CAPITAL AND RESERVES

2

Called up share capital

4

2

(16,090

)

Profit and loss account

(24,044

)

(16,088

)

SHAREHOLDERS' FUNDS

(24,042

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2013 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 2nd May 2014 and were signed on its behalf by:

D White - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

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

Plant & Machinery 25% pa, straight line.

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1st November 2012

and 31st October 2013

22,000

AMORTISATION

At 1st November 2012

and 31st October 2013

22,000

NET BOOK VALUE

At 31st October 2013

-

At 31st October 2012

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st November 2012

1,601

Additions

526

At 31st October 2013

2,127

DEPRECIATION

At 1st November 2012

1,600

Charge for year

132

At 31st October 2013

1,732

NET BOOK VALUE

At 31st October 2013

395

At 31st October 2012

1

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.13

31.10.12

value:

£

£

2

Ordinary

£1

2

2