Accounts filed on 31-05-2016

Accounts filed on 31-05-2016

ARENA GLOBAL MANAGEMENT LTD. - Company Information

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Registered number: 07145739
Arena Global Management Ltd
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/05/2016
Prepared By:
David Reed Associates Ltd
54D Frome Road
Bradford on Avon
Wiltshire
BA15 1LA
Arena Global Management Ltd
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/05/2016
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 07145739
Arena Global Management Ltd
Registered Number: 07145739
BALANCE SHEET AT 31/05/2016
20162015
Notes££
FIXED ASSETS
Tangible assets24,1254,739
CURRENT ASSETS
Debtors (amounts falling due within one year)351,65725,935
Cash at bank and in hand5,9108,136
57,56734,071
CREDITORS: Amounts falling due within one year43,72630,191
NET CURRENT ASSETS13,8413,880
TOTAL ASSETS LESS CURRENT LIABILITIES17,9668,619
CAPITAL AND RESERVES
Called up share capital433
Profit and loss account17,8638,616
SHAREHOLDERS' FUNDS17,8668,619
Suspense(100)-
For the year ending 31/05/2016 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 27/02/2017 and signed on their behalf by
Lucy McIntyre
Director
Arena Global Management Ltd
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/05/2016
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinery 20%
Equipment 25%
1c. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
1d. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
2. TANGIBLE FIXED ASSETS
Plant and
MachineryEquipmentTotal
£££
Cost
At 01/06/20159,049-9,049
Additions-417417
At 31/05/20169,0494179,466
Depreciation
At 01/06/20154,310-4,310
For the year948831,031
At 31/05/20165,258835,341
Net Book Amounts
At 31/05/20163,7913344,125
At 31/05/20154,739-4,739
Arena Global Management Ltd
3. DEBTORS 20162015
££
Amounts falling due within one year:
Trade debtors2,8802,880
Other debtors48,77723,055
51,65725,935
4. SHARE CAPITAL 20162015
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
1 Class B shares of £1 each11
1 Class C shares of £1 each11
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