AEK-BOCO FC Trading Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 07092094 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2017

for

AEK-BOCO FC Trading Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D C Shine

D Russell

L Howard

REGISTERED OFFICE:

Redland House

157 Redland Road

Redland

Bristol

BS6 6YE

REGISTERED NUMBER:

07092094 (England and Wales)

ACCOUNTANTS:

Wormald & Partners

Redland House

157 Redland Road

Redland

Bristol

BS6 6YE

FIXED ASSETS

Tangible assets

4

4,085

3,838

CURRENT ASSETS

Stocks

5

4,455

3,711

Debtors

6

2,080

1,064

Cash at bank and in hand

4,908

7,155

11,443

11,930

CREDITORS

Amounts falling due within one year

7

11,923

12,370

NET CURRENT LIABILITIES

(480

)

(440

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,605

3,398

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

3,505

3,298

SHAREHOLDERS' FUNDS

3,605

3,398

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 8 July 2017 and were signed on its behalf by:

L Howard - Director

1.	STATUTORY INFORMATION

AEK-BOCO FC Trading 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

-

15% on reducing balance basis

Computer equipment

-

33.33% on reducing balance basis

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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 7 .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2016

6,142

582

6,724

Additions

463

450

913

At 31 March 2017

6,605

1,032

7,637

DEPRECIATION

At 1 April 2016

2,405

481

2,886

Charge for year

619

47

666

At 31 March 2017

3,024

528

3,552

NET BOOK VALUE

At 31 March 2017

3,581

504

4,085

At 31 March 2016

3,737

101

3,838

5.

STOCKS

2017

2016

£

£

Stock

4,455

3,711

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other debtors

1,048

-

Prepayments

1,032

1,064

2,080

1,064

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

3,373

3,367

AEK Boco FC Ltd

710

1,762

Social security and other taxes

-

640

VAT

1,506

1,351

Other creditors

-

96

Charitable Donations Payable

3,341

1,898

Business Card

854

1,755

Accrued expenses

2,139

1,501

11,923

12,370

8.	RELATED PARTY DISCLOSURES

Amount advanced by parent company AEK Boco FC Ltd at 31/03/2017 is £710

9.	ULTIMATE CONTROLLING PARTY

The 100 % shares of the company are owned by AEK Boco FC Ltd , a charitable company .(Registered charity

number 1123679).