Accounts filed on 31-03-2014
Accounts filed on 31-03-2014
trueUrban Sports Fitness Limited074745592014-03-313084921565309492166510010030949216653094921665-19708-273173633842596166301527934342086635061756846701850657489825065748982Basis of accounting
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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
Fixed Assets
All fixed assets are initially recorded at cost.
Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.Plant & Machineryreducing balance0.2500Fixtures & Fittingsreducing balance0.1500Leasehold Propertyreducing balance0.10007689165392114992623416410982476891653921149926234164109824Ordinary1001100100Ordinary11001001002014-10-03T E Smithtruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureUrban Sports Fitness Limited2013-04-012014-03-31Urban Sports Fitness Limited2012-04-012013-03-31Urban Sports Fitness Limited2012-03-31Urban Sports Fitness Limited2013-03-31Urban Sports Fitness Limited2013-03-31Urban Sports Fitness Limited2014-03-31 2014-11-13
