The Sports Consultancy Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05983219 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2017

for

THE SPORTS CONSULTANCY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A R J Buchanan

R A S Datnow

C R Buchanan

A M Datnow

SECRETARY:

R A S Datnow

REGISTERED OFFICE:

One De Walden Court

85 New Cavendish Street

London

W1W 6XD

REGISTERED NUMBER:

05983219 (England and Wales)

ACCOUNTANT:

John Andrew

Chartered Accountant

17-19 Market Street

KIRKBY STEPHEN

Cumbria

CA17 4QS

FIXED ASSETS

Tangible assets

4

35,590

37,628

Investments

5

1

1

35,591

37,629

CURRENT ASSETS

Debtors

6

1,130,037

534,100

Cash at bank

399,101

324,092

1,529,138

858,192

CREDITORS

Amounts falling due within one year

7

899,944

514,283

NET CURRENT ASSETS

629,194

343,909

TOTAL ASSETS LESS CURRENT LIABILITIES

664,785

381,538

CAPITAL AND RESERVES

Called up share capital

8

14

14

Retained earnings

664,771

381,524

SHAREHOLDERS' FUNDS

664,785

381,538

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 6 September 2018 and were signed on its behalf by:

R A S Datnow - Director

A R J Buchanan - Director

1.	STATUTORY INFORMATION

The Sports Consultancy 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The

Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party

transactions with wholly owned subsidiaries within the group.

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.

Office furniture and equipment

-

20% on cost

Computer equipment

-

25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 makes contributions to the personal pension schemes of certain employees. The assets of the

schemes are held separately from those of the company. The annual contributions payable are charged to the

profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 36 (2016 - 29 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2017

90,202

Additions

13,259

At 31 December 2017

103,461

DEPRECIATION

At 1 January 2017

52,574

Charge for year

15,297

At 31 December 2017

67,871

NET BOOK VALUE

At 31 December 2017

35,590

At 31 December 2016

37,628

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2017

and 31 December 2017

1

NET BOOK VALUE

At 31 December 2017

1

At 31 December 2016

1

The company's investments at the Balance Sheet date were in the share capital of The Sports Consultancy Legal

Limited.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/17

31/12/16

£

£

Trade debtors

862,507

444,699

Amounts owed by group undertakings

38,086

-

Other debtors

229,444

89,401

1,130,037

534,100

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/17

31/12/16

£

£

Trade creditors

73,621

38,648

Taxation and social security

410,338

269,669

Other creditors

415,985

205,966

899,944

514,283

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/17

31/12/16

value:

£

£

1,200

A Ordinary

1p

12

12

213

B Ordinary

1p

2

2

14

14

9.	OTHER FINANCIAL COMMITMENTS

At 31 December 2017, the company had total commitments under non-cancellable operating leases

over the remaining life of those leases of £89,063 (2016 - £173,917). The company's commitments under the

terms of the lease of the premises are secured by a charge over the company's assets.