Peak Active Sport Limited - Limited company - abbreviated

REGISTERED NUMBER: 05664460 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 January 2014

for

Peak Active Sport Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M Jennings

S J Brackenridge

SECRETARY:

Miss M Toole

REGISTERED OFFICE:

Unit 5, Rossington Place

Graphite Way

Hadfield

Glossop

Derbyshire

SK13 1QG

REGISTERED NUMBER:

05664460 (England and Wales)

ACCOUNTANTS:

D J Pape & Associates (NW) Ltd

13 High Street East

Glossop

Derbyshire

SK13 8DA

FIXED ASSETS

Tangible assets

2

2,659

3,632

CURRENT ASSETS

Debtors

3,750

8,332

Cash at bank and in hand

20,025

12,498

23,775

20,830

CREDITORS

Amounts falling due within one year

18,467

23,150

NET CURRENT ASSETS/(LIABILITIES)

5,308

(2,320

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

7,967

1,312

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

7,867

1,212

SHAREHOLDERS' FUNDS

7,967

1,312

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2014 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 16 July 2014 and were signed on its behalf by:

M Jennings - 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.

Tangible fixed assets

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

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2013

and 31 January 2014

11,878

DEPRECIATION

At 1 February 2013

8,246

Charge for year

973

At 31 January 2014

9,219

NET BOOK VALUE

At 31 January 2014

2,659

At 31 January 2013

3,632

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.14

31.1.13

value:

£

100

ordinary

£1

100

Peak Active Sport Limited - Limited company - abbreviated - 11.0.0

Peak Active Sport Limited - Limited company - abbreviated - 11.0.0