Abbreviated Company Accounts - COMPLETE SPORTS NUTRITION LTD

COMPLETE SPORTS NUTRITION LTD - Company Information

08096432 COMPLETE SPORTS NUTRITION LTD 2015-06-30 false 2014-07-01 2015-06-30 true 08096432 2014-07-01 2015-06-30 08096432 2015-06-30 08096432 2014-06-30 08096432 uk-gaap-cd-bus:Director1 2014-07-01 2015-06-30 08096432 uk-gaap-cd-bus:Director2 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 iso4217:GBP shares

Registered Number 08096432

COMPLETE SPORTS NUTRITION LTD

Abbreviated Accounts

30 June 2015

COMPLETE SPORTS NUTRITION LTD Registered Number 08096432

Abbreviated Balance Sheet as at 30 June 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	8,500	11,500
Tangible assets	3	2,799	3,797
		11,299	15,297
Current assets
Stocks		55,160	53,250
Debtors		23,263	360
Cash at bank and in hand		4,693	3,765
		83,116	57,375
Creditors: amounts falling due within one year		(168,225)	(87,599)
Net current assets (liabilities)		(85,109)	(30,224)
Total assets less current liabilities		(73,810)	(14,927)
Total net assets (liabilities)		(73,810)	(14,927)
Capital and reserves
Called up share capital	4	1	1
Profit and loss account		(73,811)	(14,928)
Shareholders' funds		(73,810)	(14,927)

For the year ending 30 June 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 20 June 2016

And signed on their behalf by:
Sukhvir Singh Sindhu, Director

COMPLETE SPORTS NUTRITION LTD Registered Number 08096432

Notes to the Abbreviated Accounts for the period ended 30 June 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.

Turnover policy
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor vehicles - 25% straight line

Intangible assets amortisation policy
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 5 years.

2Intangible fixed assets

	£
Cost
At 1 July 2014	15,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2015	15,000
Amortisation
At 1 July 2014	3,500
Charge for the year	3,000
On disposals	-
At 30 June 2015	6,500
Net book values
At 30 June 2015	8,500
At 30 June 2014	11,500

3Tangible fixed assets

	£
Cost
At 1 July 2014	4,961
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2015	4,961
Depreciation
At 1 July 2014	1,164
Charge for the year	998
On disposals	-
At 30 June 2015	2,162
Net book values
At 30 June 2015	2,799
At 30 June 2014	3,797

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1