Ultimate Sports Dive Co Limited Accounts

ULTIMATE SPORTS DIVE CO LIMITED - Company Information






Ultimate Sports Dive Co Limited
	Company No. 05722867
		Abbreviated Accounts
		30 June 2016

at	30 June 2016

Company No.		05722867	Notes	2016	2015
				£	£





Current assets



	Cash at bank and in hand			-	94
				-	94
Creditors: Amounts falling due within one year				(37,357)	(37,451)
Net current liabilities				(37,357)	(37,357)
Total assets less current liabilities				(37,357)	(37,357)




Net liabilities				(37,357)	(37,357)

Capital and reserves
	Called up share capital		2	100	100



	Profit and loss account			(37,457)	(37,457)

Shareholder's funds				(37,357)	(37,357)

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

For the year ended 30 June 2016 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 19 March 2017

And signed on its behalf by:

D.I. Holyoak
Director
19 March 2017

for the year ended 30 June 2016

Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) ["the FRSSE"].

Deferred taxation

Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts.
Deferred tax is provided in full on timing differences which result in an obligation to pay more (or a right to pay less) tax at a future date, at the tax rates that are expected to apply when the timing differences reverse, based upon current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets are recognised to the extent that it is regarded as more likely than not that they will be recovered. Deferred tax assets and liabilities are not discounted.

2	Share Capital
		Nominal value	2016	2016	2015
		£	Number	£	£
	Allotted, called up and fully paid:
	Ordinary	1.00	100	100	100




				100	100