Abbreviated Company Accounts - ADMIRAL SPORTS BETTING (UK) LIMITED

Abbreviated Company Accounts - ADMIRAL SPORTS BETTING (UK) LIMITED

ADMIRAL SPORTS BETTING (UK) LIMITED - Company Information

Print Friendly Version

Registered Number 03003397

ADMIRAL SPORTS BETTING (UK) LIMITED

Abbreviated Accounts

31 December 2015

ADMIRAL SPORTS BETTING (UK) LIMITED Registered Number 03003397

Abbreviated Balance Sheet as at 31 December 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 - 36,387
- 36,387
Current assets
Debtors 8,233 29,478
Cash at bank and in hand 43,533 181,768
51,766 211,246
Creditors: amounts falling due within one year (16,205) (47,030)
Net current assets (liabilities) 35,561 164,216
Total assets less current liabilities 35,561 200,603
Creditors: amounts falling due after more than one year (208,908) (58,455)
Total net assets (liabilities) (173,347) 142,148
Capital and reserves
Called up share capital 285,020 285,020
Other reserves 5,820,876 5,820,876
Profit and loss account (6,279,243) (5,963,748)
Shareholders' funds (173,347) 142,148
  • For the year ending 31 December 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 6 May 2016

And signed on their behalf by:
Mr Zia Khan, Director

ADMIRAL SPORTS BETTING (UK) LIMITED Registered Number 03003397

Notes to the Abbreviated Accounts for the period ended 31 December 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
Plant and Machinery: 25% Reducing Balance Method
Fixtures and Fittings: 25% Reducing Balance Method
Computer Equipment: 33% Reducing Balance Method
Office Equipment: 33% Reducing Balance Method

2Tangible fixed assets
£
Cost
At 1 January 2015 394,224
Additions -
Disposals (2,717)
Revaluations -
Transfers -
At 31 December 2015 391,507
Depreciation
At 1 January 2015 357,837
Charge for the year 33,670
On disposals -
At 31 December 2015 391,507
Net book values
At 31 December 2015 0
At 31 December 2014 36,387