A1 Sporting Items Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05848599 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

A1 SPORTING ITEMS LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C Hansen

Mrs J M Hansen

SECRETARY:

Mrs J M Hansen

REGISTERED OFFICE:

207 Knutsford Road

Grappenhall

Warrington

Cheshire

WA4 2QL

REGISTERED NUMBER:

05848599 (England and Wales)

ACCOUNTANTS:

Walker Begley Limited

Chartered Accountants

207 Knutsford Road

Grappenhall

Warrington

Cheshire

WA4 2QL

CURRENT ASSETS

Stocks

5,500

2,050

Debtors

306

420

Cash at bank

15,074

6,188

20,880

8,658

CREDITORS

Amounts falling due within one year

7,629

7,039

NET CURRENT ASSETS

13,251

1,619

TOTAL ASSETS LESS CURRENT LIABILITIES

13,251

1,619

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

13,250

1,618

SHAREHOLDERS' FUNDS

13,251

1,619

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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 27 November 2018 and were signed on its behalf by:

C Hansen - Director

1.	STATUTORY INFORMATION

A1 Sporting Items Ltd 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The director, Mr C Hansen, has made an unsecured interest free loan to the company. The loan has no fixed

repayment terms. The balance as at 31 March 2018 was £295 (2017: £3,336).

5.	ULTIMATE CONTROLLING PARTY

The Director, Mr C Hansen, controls the company by virtue of his 100% beneficial interest in the issued

ordinary share capital.