BD Stadia Ltd - Accounts to registrar - small 17.2

REGISTERED NUMBER: 06751259 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JUNE 2016 TO 1 MARCH 2017

FOR

BD STADIA LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr T F Warwick

Mr A Taylor

REGISTERED OFFICE:

Morningside

Linden Close

Thornton Cleveleys

Lancashire

FY5 2RA

REGISTERED NUMBER:

06751259 (England and Wales)

ACCOUNTANTS:

Jones Harris Limited

Chartered Accountants

17 St Peters Place

Fleetwood

Lancashire

FY7 6EB

FIXED ASSETS

Tangible assets

4

1,414

2,270

CURRENT ASSETS

Debtors

5

501,524

355,095

Cash at bank and in hand

1,043,701

660,791

1,545,225

1,015,886

CREDITORS

Amounts falling due within one year

6

647,109

392,396

NET CURRENT ASSETS

898,116

623,490

TOTAL ASSETS LESS CURRENT LIABILITIES

899,530

625,760

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

899,430

625,660

SHAREHOLDERS' FUNDS

899,530

625,760

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 1 March 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 1 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 25 September 2017 and were signed on its behalf by:

Mr T F Warwick - Director

1.	STATUTORY INFORMATION

BD Stadia Ltd 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 represents total income from bets made at stadia and is recognised at the time the bet is made.

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

-

20% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

33% on cost

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 June 2016

and 1 March 2017

68,811

5,645

17,169

91,625

DEPRECIATION

At 1 June 2016

68,811

3,384

17,160

89,355

Charge for period

-

847

9

856

At 1 March 2017

68,811

4,231

17,169

90,211

NET BOOK VALUE

At 1 March 2017

-

1,414

-

1,414

At 31 May 2016

-

2,261

9

2,270

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other debtors

400,000

350,000

Directors' current accounts

100,000

-

Prepayments

1,524

5,095

501,524

355,095

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Tax

68,657

33,448

Social security and other taxes

4,114

5,132

Accruals and deferred income

574,338

353,816

647,109

392,396

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 1 March 2017 and the year

ended 31 May 2016:

2017

2016

£

£

Mr T F Warwick

Balance outstanding at start of period

-

200,000

Amounts advanced

50,000

-

Amounts repaid

-

(200,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

50,000

-

Mr A Taylor

Balance outstanding at start of period

-

150,000

Amounts advanced

50,000

-

Amounts repaid

-

(150,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

50,000

-