First Touch Soccer (E.m.) Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 03856503 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 September 2015

for

First Touch Soccer (E.m.) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

K Davies

SECRETARY:

Mrs L Davies

REGISTERED OFFICE:

69 Main Road

Collyweston

Stamford

Lincolnshire

PE9 3PQ

REGISTERED NUMBER:

03856503 (England and Wales)

ACCOUNTANTS:

Moore Weston Accountants Ltd

Chartered Accountants

69 Main Road

Collyweston

Stamford

Lincolnshire

PE9 3PQ

FIXED ASSETS

Tangible assets

2

600

677

CURRENT ASSETS

Debtors

3,672

2,030

Cash at bank

553

449

4,225

2,479

CREDITORS

Amounts falling due within one year

4,408

2,858

NET CURRENT LIABILITIES

(183

)

(379

)

TOTAL ASSETS LESS CURRENT LIABILITIES

417

298

PROVISIONS FOR LIABILITIES

120

135

NET ASSETS

297

163

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

296

162

SHAREHOLDERS' FUNDS

297

163

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 25 April 2016 and were signed by:

K Davies - 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 January 2015).

Turnover

Turnover consists of the sales value of work in the period under contracts to supply services to third parties. It includes the

relevant proportion of contract value for performance up to the period end.

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

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date

where transactions or events that result in an obligation to pay more tax in the future or a right to pay less tax in the future

have occurred at the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the

lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

and 30 September 2015

1,630

DEPRECIATION

At 1 October 2014

953

Charge for year

77

At 30 September 2015

1,030

NET BOOK VALUE

At 30 September 2015

600

At 30 September 2014

677

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

£

1

Ordinary

£1

1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2015 and

30 September 2014:

30.9.15

30.9.14

£

£

K Davies

Balance outstanding at start of year

2,030

1,415

Amounts advanced

1,642

615

Amounts repaid

-

-

Balance outstanding at end of year

3,672

2,030

Dividends of £5,000 (previous year £5,000) were paid to K Davies during the period under review.

5.	ULTIMATE CONTROLLING PARTY