Abbreviated Company Accounts - AMBROSE MANAGEMENT FOOTBALL LIMITED

AMBROSE MANAGEMENT FOOTBALL LIMITED - Company Information

08625767 AMBROSE MANAGEMENT FOOTBALL LIMITED 2015-07-31 false 2014-08-01 2015-07-31 true 08625767 2014-08-01 2015-07-31 08625767 2015-07-31 08625767 2014-07-31 08625767 uk-gaap-cd-bus:Director1 2014-08-01 2015-07-31 08625767 uk-gaap-cd-bus:Director2 2014-08-01 2015-07-31 uk-gaap-cd-bus:Director3 2014-08-01 2015-07-31 uk-gaap-cd-bus:Director3 2015-07-31 uk-gaap-cd-bus:Director3 2014-07-31 iso4217:GBP shares

Registered Number 08625767

AMBROSE MANAGEMENT FOOTBALL LIMITED

Abbreviated Accounts

31 July 2015

AMBROSE MANAGEMENT FOOTBALL LIMITED Registered Number 08625767

Abbreviated Balance Sheet as at 31 July 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	334	667
		334	667
Current assets
Debtors		7,507	3,769
Cash at bank and in hand		27	7
		7,534	3,776
Creditors: amounts falling due within one year		(7,443)	(4,323)
Net current assets (liabilities)		91	(547)
Total assets less current liabilities		425	120
Total net assets (liabilities)		425	120
Capital and reserves
Called up share capital		1	1
Profit and loss account		424	119
Shareholders' funds		425	120

For the year ending 31 July 2015 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 27 May 2016

And signed on their behalf by:
W Ambrose, Director

AMBROSE MANAGEMENT FOOTBALL LIMITED Registered Number 08625767

Notes to the Abbreviated Accounts for the period ended 31 July 2015

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:

Equipment 33.3% Straight Line

2Tangible fixed assets

	£
Cost
At 1 August 2014	1,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2015	1,000
Depreciation
At 1 August 2014	333
Charge for the year	333
On disposals	-
At 31 July 2015	666
Net book values
At 31 July 2015	334
At 31 July 2014	667

3Transactions with directors

Name of director receiving advance or credit:	W Ambrose
Description of the transaction:	Net Movement
Balance at 1 August 2014:	-
Advances or credits made:	£ 7,508
Advances or credits repaid:	-
Balance at 31 July 2015:	£ 7,508

Included within debtors is an overdrawn loan account for W Ambrose amounting to £7,508 (2014 - £3,770). The maximum amount outstanding during the year was £44,740.

There were a number of transactions during the year resulting in a net withdrawal on the loan account of £3,738.

The loan has no set repayment terms and bears no right to interest.