Bradford Sports Centre Limited - Accounts to registrar - small 16.1.1

REGISTERED NUMBER: 05398508 (England and Wales)

Financial Statements for the Year Ended 31 March 2016

for

Bradford Sports Centre Limited

Page

Company Information

1

Chartered Certified Accountants' Report

2

Balance Sheet

4

Notes to the Financial Statements

6

DIRECTORS:

Mr Amjad Bostan

Mr Mohammed Ramzan

REGISTERED OFFICE:

45 Kirkham Road

Bradford

West Yorkshire

BD7 2DJ

REGISTERED NUMBER:

05398508 (England and Wales)

ACCOUNTANTS:

Abraham Chartered Certified Accountants

Sher House

46 Houghton Place

Bradford

West Yorkshire

BD1 3RG

The following reproduces the text of the report prepared for the directors and members in

respect of the company's annual unaudited financial statements. In accordance with the

Companies Act 2006, the company is only required to file a Balance Sheet. Readers are

cautioned that the Income Statement and certain other primary statements and the Report of

the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your

approval the financial statements of Bradford Sports Centre Limited for the year ended

31 March 2016 which comprise the Income statement, Balance Sheet and the related notes from the

company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Bradford Sports Centre Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bradford Sports Centre Limited and state those matters that we have agreed to state to the Board of Directors of Bradford Sports Centre Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Bradford Sports Centre Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bradford Sports Centre Limited. You consider that Bradford Sports Centre Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Bradford Sports Centre Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Abraham Chartered Certified Accountants

Sher House

46 Houghton Place

Bradford

West Yorkshire

BD1 3RG

Date: .............................................

FIXED ASSETS

Tangible assets

4

115,281

57,847

CURRENT ASSETS

Debtors: amounts falling due within one year

5

-

238

Cash at bank and in hand

28,676

9,624

28,676

9,862

CREDITORS

Amounts falling due within one year

6

(55,270

)

(45,733

)

NET CURRENT LIABILITIES

(26,594

)

(35,871

)

TOTAL ASSETS LESS CURRENT LIABILITIES

88,687

21,976

PROVISIONS FOR LIABILITIES

(12,004

)

-

NET ASSETS

76,683

21,976

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

76,681

21,974

SHAREHOLDERS' FUNDS

76,683

21,976

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 19 December 2016 and were signed on its behalf by:

Mr Amjad Bostan - Director

1.	STATUTORY INFORMATION

Bradford Sports Centre Limited is a private company, limited by shares , registered in

England and Wales. The company's registered number and registered office address can be

found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

10% on cost

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 profit or loss on a straight line basis over

the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

COST

At 1 April 2015

48,898

22,485

71,383

Additions

-

64,810

64,810

At 31 March 2016

48,898

87,295

136,193

DEPRECIATION

At 1 April 2015

-

13,536

13,536

Charge for year

-

7,376

7,376

At 31 March 2016

-

20,912

20,912

NET BOOK VALUE

At 31 March 2016

48,898

66,383

115,281

At 31 March 2015

48,898

8,949

57,847

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Other debtors

-

238

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Taxation and social security

20,029

10,492

Other creditors

35,241

35,241

55,270

45,733

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended

31 March 2016 and 31 March 2015:

2016

2015

£

£

Mr Amjad Bostan and Mr Mohammed Ramzan

Balance outstanding at start of year

35,241

13,272

Amounts advanced

-

21,969

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

35,241

35,241

Directors' Loan is interest free and repayable on demand

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £72,000 were paid to the directors .

9.	ULTIMATE CONTROLLING PARTY

No individual had ultimate control at any point during the current or previous year.