Sport U K Limited - Limited company - abbreviated - 11.6

Sport U K Limited - Limited company - abbreviated - 11.6


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REGISTERED NUMBER: 06131957 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

Sport U K Limited
Trading as
F N Sports Management

Sport U K Limited (Registered number: 06131957)
Trading as F N Sports Management






Contents of the Abbreviated Accounts
for the Year Ended 31 MARCH 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Sport U K Limited
Trading as F N Sports Management

Company Information
for the Year Ended 31 MARCH 2014







DIRECTORS: Mr P M Korklin
Mr S M Korklin





SECRETARY: Mr S M Korklin





REGISTERED OFFICE: 8th Floor
Elizabeth House
54-58 High Street
Edgware
Middlesex
HA8 7EJ





REGISTERED NUMBER: 06131957 (England and Wales)





ACCOUNTANTS: Korklin & Company
Certified Practising Accountants
8th Floor
Elizabeth House
54 - 58 High Street
Edgware
Middlesex
HA8 7EJ

Sport U K Limited (Registered number: 06131957)
Trading as F N Sports Management

Abbreviated Balance Sheet
31 MARCH 2014

31.3.14 31.3.13
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 419 559

CURRENT ASSETS
Debtors 39,014 7,014
Cash at bank and in hand 74,617 64,898
113,631 71,912
CREDITORS
Amounts falling due within one year 299,887 277,534
NET CURRENT LIABILITIES (186,256 ) (205,622 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(185,837
)
(205,063
)

CAPITAL AND RESERVES
Called up share capital 3 1,500 1,500
Profit and loss account (187,337 ) (206,563 )
SHAREHOLDERS' FUNDS (185,837 ) (205,063 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 27 November 2014 and were signed on its behalf
by:





Mr S M Korklin - Director


Sport U K Limited (Registered number: 06131957)
Trading as F N Sports Management

Notes to the Abbreviated Accounts
for the Year Ended 31 MARCH 2014

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment - 25% on reducing balance

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

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2013
and 31 March 2014 1,251
DEPRECIATION
At 1 April 2013 692
Charge for year 140
At 31 March 2014 832
NET BOOK VALUE
At 31 March 2014 419
At 31 March 2013 559

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.14 31.3.13
value: £    £   
1,500 Ordinary £1 1,500 1,500