Ultimate Sports Media Ltd - Limited company - abbreviated - 11.9
Ultimate Sports Media Ltd - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 30th June 2015 |
| for |
| Ultimate Sports Media Ltd |
| Ultimate Sports Media Ltd (Registered number: 05512734) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 30th June 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Ultimate Sports Media Ltd |
| Company Information |
| for the Year Ended 30th June 2015 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Ultimate Sports Media Ltd (Registered number: 05512734) |
| Abbreviated Balance Sheet |
| 30th June 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| Investments | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| Share premium |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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 financial statements were approved by the Board of Directors on |
| Ultimate Sports Media Ltd (Registered number: 05512734) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 30th June 2015 |
| 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). |
| Preparation of consolidated financial statements |
| The financial statements contain information about Ultimate Sports Media Ltd as an individual company and do not contain |
| consolidated financial information as the parent of a group. The company has taken the option under Section 398 of the |
| Companies Act 2006 not to prepare consolidated financial statements. |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Intangible fixed assets - intellectual property |
| Intellectual property represents the cost of the initial development and testing of ultimate-ski.com. Amortisation is provided |
| to write off the intellectual property over five years. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Deferred tax assets are recognised to the extent that it is more likely than not that they will be recovered. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. |
| Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. |
| Exchange differences are taken into account in arriving at the operating result. |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st July 2014 |
| and 30th June 2015 |
| AMORTISATION |
| At 1st July 2014 |
| Amortisation for year |
| At 30th June 2015 |
| NET BOOK VALUE |
| At 30th June 2015 |
| At 30th June 2014 |
| Ultimate Sports Media Ltd (Registered number: 05512734) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 30th June 2015 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st July 2014 |
| Disposals | ( |
) |
| At 30th June 2015 |
| DEPRECIATION |
| At 1st July 2014 |
| Eliminated on disposal | ( |
) |
| At 30th June 2015 |
| NET BOOK VALUE |
| At 30th June 2015 |
| At 30th June 2014 |
| 4. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1st July 2014 |
| and 30th June 2015 | 51 |
| PROVISIONS |
| At 1st July 2014 |
| and 30th June 2015 | 51 |
| NET BOOK VALUE |
| At 30th June 2015 |
| At 30th June 2014 |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 51.00 |
| £ | £ |
| Aggregate capital and reserves | (37,357 | ) | (37,357 | ) |
| 5. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| The aggregate total of debtors falling due after more than one year is £ |
| Ultimate Sports Media Ltd (Registered number: 05512734) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 30th June 2015 |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary | 1 |