Abbreviated Company Accounts - CLUBNOTE LIMITED

05955510 CLUBNOTE LIMITED 2013-10-31 false 2012-11-01 2013-10-31 true 05955510 2012-11-01 2013-10-31 05955510 2013-10-31 05955510 2012-10-31 05955510 uk-gaap-cd-bus:Director1 2012-11-01 2013-10-31 05955510 uk-gaap-cd-bus:Director2 2012-11-01 2013-10-31 uk-gaap-cd-bus:Director3 2012-11-01 2013-10-31 uk-gaap-cd-bus:Director3 2013-10-31 uk-gaap-cd-bus:Director3 2012-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-11-01 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-10-31 iso4217:GBP shares

Registered Number 05955510

CLUBNOTE LIMITED

Abbreviated Accounts

31 October 2013

CLUBNOTE LIMITED Registered Number 05955510

Abbreviated Balance Sheet as at 31 October 2013

	Notes	2013	2012
		£	£
Current assets
Debtors		699,435	715,298
Cash at bank and in hand		452,501	670,340
		1,151,936	1,385,638
Creditors: amounts falling due within one year		(309,102)	(491,127)
Net current assets (liabilities)		842,834	894,511
Total assets less current liabilities		842,834	894,511
Total net assets (liabilities)		842,834	894,511
Capital and reserves
Called up share capital	2	1	1
Profit and loss account		842,833	894,510
Shareholders' funds		842,834	894,511

For the year ending 31 October 2013 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 30 July 2014

And signed on their behalf by:
L Drogba, Director

CLUBNOTE LIMITED Registered Number 05955510

Notes to the Abbreviated Accounts for the period ended 31 October 2013

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 represents amounts receivable for image rights net of Vat.

Intangible assets amortisation policy
Image Right
Image Right is valued at cost less accumulated amortisation. Amortisation is calculated to write off the
cost over 4 years.

Other accounting policies
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting
Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied
consistently (except as otherwise stated).
Foreign currency translation
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates
of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate
ruling at the date of the transaction. All differences are taken to profit and loss account.

2Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
1 Ordinary shares of £1 each	1	1

3Transactions with directors

Name of director receiving advance or credit:	D Drogba
Description of the transaction:	Loan
Balance at 1 November 2012:	£ 263,115
Advances or credits made:	-
Advances or credits repaid:	£ 16,563
Balance at 31 October 2013:	£ 246,552

At 31.10.13 there was an amount of £246,552 due from the director on which interest of 4% was charged.