Abbreviated Company Accounts - THOROGOOD SPORTS LTD

THOROGOOD SPORTS LTD - Company Information

08050397 THOROGOOD SPORTS LTD 2014-04-30 false 2013-05-01 2014-04-30 true 08050397 2013-05-01 2014-04-30 08050397 2014-04-30 08050397 2013-04-30 08050397 uk-gaap-cd-bus:Director1 2013-05-01 2014-04-30 08050397 uk-gaap-cd-bus:Director2 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-30 iso4217:GBP shares

Registered Number 08050397

THOROGOOD SPORTS LTD

Abbreviated Accounts

30 April 2014

THOROGOOD SPORTS LTD Registered Number 08050397

Abbreviated Balance Sheet as at 30 April 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,172	359
		1,172	359
Current assets
Stocks		99,811	41,500
Debtors		37	-
Cash at bank and in hand		291,343	77,685
		391,191	119,185
Creditors: amounts falling due within one year		(105,372)	(56,559)
Net current assets (liabilities)		285,819	62,626
Total assets less current liabilities		286,991	62,985
Total net assets (liabilities)		286,991	62,985
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		286,990	62,984
Shareholders' funds		286,991	62,985

For the year ending 30 April 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 5 January 2015

And signed on their behalf by:
F Thorogood, Director

THOROGOOD SPORTS LTD Registered Number 08050397

Notes to the Abbreviated Accounts for the period ended 30 April 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to
write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Computer equipment 25% Reducing Balance

2Tangible fixed assets

	£
Cost
At 1 May 2013	478
Additions	1,204
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2014	1,682
Depreciation
At 1 May 2013	119
Charge for the year	391
On disposals	-
At 30 April 2014	510
Net book values
At 30 April 2014	1,172
At 30 April 2013	359

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1 Ordinary shares of £1 each	1	1