Trainerspotter Trademark Limited - Limited company - abbreviated

REGISTERED NUMBER: 07254578 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 May 2014

for

Trainerspotter Trademark Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

RC Gater

DE Savory

R Wade

REGISTERED OFFICE:

28 Palatine Road

London

N16 8SX

REGISTERED NUMBER:

07254578 (England and Wales)

ACCOUNTANTS:

Lucraft Hodgson & Dawes

Ground Floor

19 New Road

Brighton

East Sussex

BN1 1UF

FIXED ASSETS

Tangible assets

2

7,052

9,402

CURRENT ASSETS

Debtors

12,884

8,118

Cash at bank

4,367

13,099

17,251

21,217

CREDITORS

Amounts falling due within one year

3,778

3,894

NET CURRENT ASSETS

13,473

17,323

TOTAL ASSETS LESS CURRENT
LIABILITIES

20,525

26,725

PROVISIONS FOR LIABILITIES

1,610

1,880

NET ASSETS

18,915

24,845

CAPITAL AND RESERVES

Called up share capital

3

200

Profit and loss account

18,715

24,645

SHAREHOLDERS' FUNDS

18,915

24,845

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 11 August 2014 and were signed on its behalf by:

R Wade - Director

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 goods, 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.

Plant and machinery

-

25% on reducing balance

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment.

Taxation

Current tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred taxation is accounted for at expected tax rates on all differences arising from the inclusion of items of

income and expenditure in taxation computations in periods different from those in which they are included in

the financial statements. A deferred tax asset is only recognised when it is more likely than not that the asset will

be recoverable in the foreseeable future out of suitable taxable profits from which the underlying timing

differences can be deducted.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

and 31 May 2014

12,549

DEPRECIATION

At 1 June 2013

3,147

Charge for year

2,350

At 31 May 2014

5,497

NET BOOK VALUE

At 31 May 2014

7,052

At 31 May 2013

9,402

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.14

31.5.13

value:

£

200

Ordinary

£1

200

Trainerspotter Trademark Limited - Limited company - abbreviated - 11.0.0

Trainerspotter Trademark Limited - Limited company - abbreviated - 11.0.0