The Winter Sports Training Co Limited - Accounts to registrar (filleted) - small 18.2
The Winter Sports Training Co Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| The Winter Sports Training Company |
| Limited |
| Unaudited Financial Statements |
| for the Period |
| 1 October 2017 to 31 March 2018 |
| The Winter Sports Training Company |
| Limited (Registered number: 09172088) |
| Contents of the Financial Statements |
| for the Period 1 October 2017 to 31 March 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| The Winter Sports Training Company |
| Limited |
| Company Information |
| for the Period 1 October 2017 to 31 March 2018 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Lakeside Offices |
| The Old Cattle Market |
| Coronation Park |
| Helston |
| Cornwall |
| TR13 0SR |
| BANKERS: |
| 31 Alverton Street |
| Penzance |
| Cornwall |
| TR18 2QQ |
| The Winter Sports Training Company |
| Limited (Registered number: 09172088) |
| Balance Sheet |
| 31 March 2018 |
| 2018 | 2017 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 8 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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 Winter Sports Training Company |
| Limited (Registered number: 09172088) |
| Balance Sheet - continued |
| 31 March 2018 |
| 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 |
| The Winter Sports Training Company |
| Limited (Registered number: 09172088) |
| Notes to the Financial Statements |
| for the Period 1 October 2017 to 31 March 2018 |
| 1. | STATUTORY INFORMATION |
| The Winter Sports Training Company Limited is a |
| The company's registered number and registered office address can be found on the Company Information page. |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents net invoiced sales of goods and services, excluding value added tax. |
| Goodwill |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any |
| accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Plant & equipment | - |
| Computer equipment | - |
| Taxation |
| Taxation for the period 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 period 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. |
| The Winter Sports Training Company |
| Limited (Registered number: 09172088) |
| Notes to the Financial Statements - continued |
| for the Period 1 October 2017 to 31 March 2018 |
| 2. | ACCOUNTING POLICIES - continued |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet |
| date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of |
| transaction. Exchange differences are taken into account in arriving at the operating result. |
| 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. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1 October 2017 |
| and 31 March 2018 |
| AMORTISATION |
| At 1 October 2017 |
| Charge for period |
| At 31 March 2018 |
| NET BOOK VALUE |
| At 31 March 2018 |
| At 30 September 2017 |
| The Winter Sports Training Company |
| Limited (Registered number: 09172088) |
| Notes to the Financial Statements - continued |
| for the Period 1 October 2017 to 31 March 2018 |
| 5. | TANGIBLE FIXED ASSETS |
| Plant & | Computer |
| equipment | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 October 2017 |
| and 31 March 2018 |
| DEPRECIATION |
| At 1 October 2017 |
| Charge for period |
| At 31 March 2018 |
| NET BOOK VALUE |
| At 31 March 2018 |
| At 30 September 2017 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Other creditors |