Sportable Technologies Ltd

Sportable Technologies Ltd

SPORTABLE TECHNOLOGIES LTD - Company Information

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Acorah Software Products - Accounts Production 5.4.119 false No description of principal activity 1 November 2016 31 May 2017 31 May 2017 09044327 iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09044327 2016-10-31 09044327 2017-05-31 09044327 2016-11-01 2017-05-31 09044327 frs-core:CurrentFinancialInstruments 2017-05-31 09044327 frs-core:CurrentFinancialInstruments 2016-11-01 2017-05-31 09044327 frs-core:Non-currentFinancialInstruments 2017-05-31 09044327 frs-core:Non-currentFinancialInstruments 2016-11-01 2017-05-31 09044327 frs-core:CurrentFinancialInstruments 2016-11-01 2017-05-31 09044327 frs-core:CurrentFinancialInstruments 2017-05-31 09044327 frs-core:AfterOneYear 2016-11-01 2017-05-31 09044327 frs-core:BetweenOneFiveYears 2016-11-01 2017-05-31 09044327 frs-core:BetweenOneFiveYears 2017-05-31 09044327 frs-core:ComputerEquipment 2017-05-31 09044327 frs-core:ComputerEquipment 2016-11-01 2017-05-31 09044327 frs-core:ComputerEquipment 2016-10-31 09044327 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Registered number: 09044327
Sportable Technologies Ltd
Unaudited Financial Statements
For the Period 1 November 2016 to 31 May 2017
Sportable Technologies Ltd
Unaudited Financial Statements
For the Period 1 November 2016 to 31 May 2017
Unaudited Financial Statements
Contents
Page
Balance Sheet 1
Statement of Changes in Equity 3
Notes to the Financial Statements 4—5
Sportable Technologies Ltd
Balance Sheet
As at 31 May 2017
Balance Sheet
Registered number: 09044327
Period to 31 May 2017 Period to 31 October 2016
Notes £ £ £ £
CURRENT ASSETS
Debtors 5 29,913 38,921
Cash at bank and in hand 13,280 15,634
43,193 54,555
Creditors: Amounts Falling Due Within One Year 6 (995 ) (1,402 )
NET CURRENT ASSETS (LIABILITIES) 42,198 53,153
TOTAL ASSETS LESS CURRENT LIABILITIES 42,198 53,153
NET ASSETS 42,198 53,153
CAPITAL AND RESERVES
Called up share capital 7 12,170 11,764
Share premium account 261,009 161,332
Profit and loss account (230,981 ) (119,943 )
SHAREHOLDERS' FUNDS 42,198 53,153
For the period ending 31 May 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
Mr Dugald Macdonald
23/06/2017
Page 1
Sportable Technologies Ltd
Balance Sheet (continued)
As at 31 May 2017

The notes on pages 4 to 5 form part of these financial statements.
Page 2
Sportable Technologies Ltd
Statement of Changes in Equity
For the Period 1 November 2016 to 31 May 2017
Statement of Changes in Equity
Share Capital Share Premium Profit & Loss Account Total
£ £ £ £
As at 1 June 2016 11,764 161,332 (34,707 ) 138,389
Loss for the period and total comprehensive income - - (85,236 ) (85,236)
As at 31 October 2016 and 1 November 2016 11,764 161,332 (119,943 ) 53,153
Loss for the period and total comprehensive income - - (111,038 ) (111,038)
Arising on shares issued during the period 406 99,677 - 100,083
As at 31 May 2017 12,170 261,009 (230,981 ) 42,198
Page 3
Sportable Technologies Ltd
Notes to the Unaudited Accounts
For the Period 1 November 2016 to 31 May 2017
Notes to the Unaudited Accounts
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
3. Staff Costs
Staff costs, including directors' remuneration, were as follows:
Period to 31 May 2017 Period to 31 October 2016
£ £
Wages and salaries 12,800 7,200
12,800 7,200
5. Debtors
Period to 31 May 2017 Period to 31 October 2016
£ £
Due within one year
Corporation tax recoverable assets 26,898 35,509
VAT 3,015 3,412
29,913 38,921
6. Creditors: Amounts Falling Due Within One Year
Period to 31 May 2017 Period to 31 October 2016
£ £
Net wages 908 1,315
Directors' loan accounts 87 87
995 1,402
Page 4
Sportable Technologies Ltd
Notes to the Unaudited Accounts (continued)
For the Period 1 November 2016 to 31 May 2017
7. Share Capital
Value Number Period to 31 May 2017 Period to 31 October 2016
Allotted, called up and fully paid £ £ £
Ordinary shares 1.000 12170 12,170 11,764
Nominal value Number Amount
Shares issued during the period: £ £
Ordinary shares 1.000 406 406
8. General Information
Sportable Technologies Ltd Registered number 09044327 is a limited by shares company incorporated in England & Wales. The Registered Office is 104 - 106 Fulham Road, London, SW3 6HS.
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