T M SPORTING LIMITED Accounts filed on 31-07-2015
T M SPORTING LIMITED Accounts filed on 31-07-2015
T M SPORTING LIMITED
Company Registration Number:
SC166721 (Scotland)
Abbreviated (Unaudited) Accounts
Period of accounts
Start date: 01st August 2014
End date: 31st July 2015
SUBMITTED
T M SPORTING LIMITED
Company Information
for the Period Ended
31st July 2015
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| Registered office: |
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| Clackmannanshire | ||
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T M SPORTING LIMITED
Abbreviated Balance sheet
As at 31st July 2015
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2014 £ |
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| Fixed assets | |||
| Tangible assets: | 2 |
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| Total fixed assets: |
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| Current assets | |||
| Debtors: |
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| Cash at bank and in hand: |
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| Total current assets: |
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| Creditors | |||
| Creditors: amounts falling due within one year |
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| Net current assets (liabilities): | ( |
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| Total assets less current liabilities: |
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| Total net assets (liabilities): |
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The notes form part of these financial statements
T M SPORTING LIMITED
Abbreviated Balance sheet
As at 31st July 2015
continued
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2014 £ |
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| Capital and reserves | |||
| Called up share capital: | 3 |
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| Profit and Loss account: |
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| Total shareholders funds: |
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The financial statements were approved by the Board of Directors on
SIGNED ON BEHALF OF THE BOARD BY:
Name: Serena Manganiello
Status: Director
The notes form part of these financial statements
T M SPORTING LIMITED
Notes to the Abbreviated Accounts
for the Period Ended
31st July 2015
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1. Accounting policies
Basis of measurement and preparation of accounts
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 policy
Turnover represents amounts chargeable in respect of the sales of goods and services to customers. Tangible fixed assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost valuation, less any estimated residual value, over their expected useful economic life as follows: Land and Buildings - No Charge, Motor Vehicles - 25% reducing balance, Plant and Machinery - 25% reducing balance Other accounting policies
Foreign currency 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 ruling of transaction. Exchange differences are taken into account in arriving at the operating profit.
T M SPORTING LIMITED
Notes to the Abbreviated Accounts
for the Period Ended
31st July 2015
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2. Tangible assets
Total Cost £ At 01st August 2014: 22,638 At 31st July 2015: 22,638 Depreciation At 01st August 2014: 11,826 Charge for year: 284 At 31st July 2015: 12,110 Net book value At 31st July 2015: 10,528 At 31st July 2014: 10,812