Abbreviated Company Accounts - MSV SPORT LIMITED

07824272 MSV SPORT LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 07824272 2013-04-01 2014-03-31 07824272 2014-03-31 07824272 2013-03-31 07824272 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 07824272 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 07824272

MSV SPORT LIMITED

Abbreviated Accounts

31 March 2014

MSV SPORT LIMITED Registered Number 07824272

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Current assets
Debtors		63,526	100
Cash at bank and in hand		2,394	8,586
		65,920	8,686
Creditors: amounts falling due within one year		(64,202)	(4,915)
Net current assets (liabilities)		1,718	3,771
Total assets less current liabilities		1,718	3,771
Total net assets (liabilities)		1,718	3,771
Capital and reserves
Called up share capital	2	100	100
Profit and loss account		1,618	3,671
Shareholders' funds		1,718	3,771

For the year ending 31 March 2014 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 12 September 2014

And signed on their behalf by:
Mr W Mehdi, Director

MSV SPORT LIMITED Registered Number 07824272

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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
The turnover shown in the profit and loss account represents amounts invoiced during the year,
exclusive of Value Added Tax.

Other accounting policies
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the
contractual arrangements entered into. An equity instrument is any contract that evidences a
residual interest in the assets of the entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments (including share capital) are
equivalent to a similar debt instrument, those financial instruments are classed as financial
liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and
gains or losses relating to financial liabilities are included in the profit and loss account. Finance
costs are calculated so as to produce a constant rate of return on the outstanding liability.
Where the contractual terms of share capital do not have any terms meeting the definition of a
financial liability then this is classed as an equity instrument. Dividends and distributions
relating to equity instruments are debited direct to equity.

2Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100