Sportcal Global Communications Limited - Accounts to registrar (filleted) - small 18.2
Sportcal Global Communications Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Sportcal Global Communications Limited |
| Financial Statements for the Year Ended 31 December 2017 |
| Sportcal Global Communications Limited (Registered number: 02592321) |
| Contents of the Financial Statements |
| for the year ended 31 December 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Sportcal Global Communications Limited |
| Company Information |
| for the year ended 31 December 2017 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| AUDITORS: |
| Chartered Accountants |
| Statutory Auditor |
| Regent's Court |
| Princess Street |
| Hull |
| East Yorkshire HU2 8BA |
| Sportcal Global Communications Limited (Registered number: 02592321) |
| Balance Sheet |
| 31 December 2017 |
| 2017 | 2016 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 10 |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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 by: |
| Sportcal Global Communications Limited (Registered number: 02592321) |
| Notes to the Financial Statements |
| for the year ended 31 December 2017 |
| 1. | STATUTORY INFORMATION |
| Sportcal Global Communications Limited is a |
| 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 |
| The principle accounting policies have remained unchanged from the previous year and are set out below. |
| Preparation of consolidated financial statements |
| The financial statements contain information about Sportcal Global Communications Limited as an individual |
| company and do not contain consolidated financial information as the parent of a group. The company is exempt |
| under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial |
| statements. |
| Turnover |
| Turnover represents the invoiced value of goods sold and services provided during the period, stated net of |
| Value Added Tax. Subscription revenue is allocated to the relevant accounting periods covered by the |
| subscription. The directors have not disclosed the company's turnover by geographical location, as it is |
| considered this would seriously prejudice the company's interests. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost. |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and |
| slow moving items. |
| 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. |
| Foreign currencies |
| Trading activities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at |
| the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated into |
| sterling at the rate of exchange ruling at the end of the financial period. Any resultant gain or loss on exchange is |
| shown as part of the company's profit or loss from ordinary activities. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are |
| charged to the profit and loss account in the period they are payable. |
| Going concern |
| The directors have prepared financial forecasts covering the post balance sheet period up to 12 months from the |
| date of approval of these financial statements which show, with the financial support pledged by GlobalData plc, |
| the company's trading viability throughout this period. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Sportcal Global Communications Limited (Registered number: 02592321) |
| Notes to the Financial Statements - continued |
| for the year ended 31 December 2017 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 January 2017 |
| Additions |
| Disposals | ( |
) |
| At 31 December 2017 |
| DEPRECIATION |
| At 1 January 2017 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 December 2017 |
| NET BOOK VALUE |
| At 31 December 2017 |
| At 31 December 2016 |
| 5. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| At 1 January 2017 |
| and 31 December 2017 |
| NET BOOK VALUE |
| At 31 December 2017 |
| At 31 December 2016 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| Sportcal Global Communications Limited (Registered number: 02592321) |
| Notes to the Financial Statements - continued |
| for the year ended 31 December 2017 |
| 8. | LEASING AGREEMENTS |
| Minimum lease payments under non-cancellable operating leases fall due as follows: |
| 2017 | 2016 |
| £ | £ |
| Within one year |
| Between one and five years |
| In more than five years |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2017 | 2016 |
| £ | £ |
| Bank overdrafts |
| 10. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2017 | 2016 |
| value: | £ | £ |
| Ordinary | £0.10 | 1,756 | 1,756 |
| 11. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| 12. | RELATED PARTY DISCLOSURES |
| Included within other creditors, are balances totalling £106,878 owed to M Laflin (2016 £24,597). |
| In addition the following balances were due to related companies at 31 December 2017: |
| 2017 | 2016 |
| £ | £ |
| Amounts due to entities under common control | 487,437 | 452,859 |
| Amounts due to entities under common influence | 96,443 | 116,130 |
| All of the above balances are repayable on demand and bear no interest. |
| 13. | POST BALANCE SHEET EVENTS |
| During March 2018 the company's parent company, Progressive Ventures Limited, was acquired by GlobalData |
| plc. |
| 14. | ULTIMATE CONTROLLING PARTY |
| The company's parent company is |
| The ultimate controlling party is |