Registered Number
:
09106779
|
For the year ended 30 June 2016
England and Wales
Unaudited Financial Statements
For the year ended 30 June 2016
Sports Evolution Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Sports Evolution Ltd
Statement of Financial Position
2015
2016
Property
,
plant and equipment
|
-
450
2
-
450
Trade and other receivables
|
-
24,215
3
35,569
Cash and cash equivalents
|
18,416
42,631
35,569
Trade and other payables
:
amounts falling due within
|
one year
|
(9,195)
(15,654)
4
26,374
26,977
Net current assets
Total assets less current liabilities
|
26,977
26,824
26,977
Net assets
26,824
10
10
26,967
26,814
26,977
26,824
Shareholders' funds
For the year ended 30 June 2016 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2016 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
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.
|
1 of 4
For the year ended 30 June 2016
Sports Evolution Ltd
Statement of Financial Position Continued
These financial statements were approved and authorised for issue by the Board on 15 March 2017 and were signed by:
|
The notes form part of these financial statements
|
2 of 4
For the year ended 30 June 2016
Sports Evolution Ltd
Notes to the Financial Statements
Statutory Information
Sports Evolution Ltd is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
|
registration number
09106779
.
|
20 Northcote Avenue
Surbiton
Surrey
KT5 9BZ
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A 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 costs convention as modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
2
.
Property
,
plant and equipment
|
900
700
200
200
700
900
Provision for depreciation and impairment
|
450
350
100
Charge for year
450
350
100
900
700
200
-
-
-
100
350
450
3 of 4
For the year ended 30 June 2016
Sports Evolution Ltd
Notes to the Financial Statements Continued
3
.
Trade and other receivables
|
2015
2016
4,215
-
20,000
-
-
24,215
4
.
Trade and other payables
:
amounts falling due within one year
|
2015
2016
(1)
-
Taxation and social security
|
3,901
6,591
11,754
2,604
15,654
9,195
5
.
Related party transactions
|
In the opinion of the directors the ultimate controlling party of the company
,
by virtue of his controlling
|
votes
,
is Joseph Bryan
.
|
4 of 4