Sporting Edge UK Ltd Company accounts
Sporting Edge UK Ltd Company accounts
COMPANY REGISTRATION NUMBER:
05422863
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Financial Statements |
Year ended 30 April 2017
Contents |
Page |
Director's report |
1 |
Statement of comprehensive income |
2 |
Balance sheet |
3 |
Notes to the financial statements |
4 |
The following pages do not form part of the financial statements
Detailed income statement |
7 |
Notes to the detailed income statement |
8 |
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Director's Report |
Year ended 30 April 2017
The director presents his report and the unaudited financial statements of the company for the year ended
30 April 2017
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Principal activities
Director
The director who served the company during the year was as follows:
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Small company provisions
Signed by
Registered office: |
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Hants |
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Statement of Comprehensive Income |
Year ended 30 April 2017
2017 |
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Note |
£ |
Turnover |
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Cost of sales |
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--------- |
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Gross profit |
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Distribution costs |
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Administrative expenses |
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Other operating income |
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--------- |
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Operating profit |
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Interest payable and similar expenses |
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--------- |
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Profit before taxation |
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Tax on profit |
– |
------- |
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Profit for the financial year and total comprehensive income |
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All the activities of the company are from continuing operations.
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Balance Sheet |
2017 |
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Note |
£ |
Fixed assets
Tangible assets |
6 |
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Current assets
Debtors |
7 |
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Creditors: amounts falling due within one year |
8 |
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Net current assets |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
9 |
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Accruals and deferred income |
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--------- |
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Net assets |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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Shareholders funds |
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Director's responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Director |
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Company registration number:
05422863
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Notes to the Financial Statements |
Year ended 30 April 2017
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit J, Loddon Business Centre, Roentgen Road, Basingstoke, RG24 8NG, Hants.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Consolidation
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
6
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5.
Intangible assets
Goodwill |
Development costs |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 May 2016 and 30 April 2017 |
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Amortisation |
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Charge for the year |
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At 30 April 2017 |
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Carrying amount |
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At 30 April 2017 |
– |
– |
– |
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6.
Tangible assets
Fixtures and fittings |
Motor vehicles |
Equipment |
Total |
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£ |
£ |
£ |
£ |
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Cost |
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At 1 May 2016 and 30 April 2017 |
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Depreciation |
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At 1 May 2016 and 30 April 2017 |
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Carrying amount |
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At 30 April 2017 |
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7.
Debtors
2017 |
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£ |
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Trade debtors |
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Other debtors |
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--------- |
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The debtors above include the following amounts falling due after more than one year:
2017 |
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£ |
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Trade debtors |
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8.
Creditors:
amounts falling due within one year
2017 |
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£ |
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Bank loans and overdrafts |
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Trade creditors |
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Social security and other taxes |
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Other creditors |
(
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9.
Creditors:
amounts falling due after more than one year
2017 |
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£ |
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Other creditors |
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------- |
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Management Information |
Year ended 30 April 2017
The following pages do not form part of the financial statements.
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Detailed Income Statement |
Year ended 30 April 2017
2017 |
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£ |
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Turnover
Sales - Goods Purchased |
785,033
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Sales - Service Contract |
41,770
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Sales - Online |
37,750
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Cost of sales
Materials Purchases |
101,294
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Misc |
219
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Tools |
1,336
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Hardware and Parts |
348,494
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Pension fund |
904
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Subcontractor costs |
60,169
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--------- |
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510,608
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Gross profit |
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Overheads
Distribution costs |
23,070
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Administrative expenses |
266,994
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290,064 |
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Other operating income |
966 |
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Operating profit |
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Interest payable and similar expenses |
(26,151) |
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Profit before taxation |
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------- |
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Notes to the Detailed Income Statement |
Year ended 30 April 2017
2017 |
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£ |
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Distribution costs
Packaging materials |
1,321
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Other distribution costs |
119
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Freight and carriage |
2,793
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Freight and carriage - type 2 |
3,086
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Advertising |
3,507
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Advertising - type 3 |
846
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Advertising - type 4 |
11,398
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23,070
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Administrative expenses
Wages and salaries |
115,853
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Employers national insurance contributions |
6,697
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Staff pension contributions - other |
2,373
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Rent |
11,108
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Rates and water - type 2 |
257
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Light and heat |
1,432
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Insurance |
1,888
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Cleaning costs |
64
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Motor expenses |
9,542
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Travel and subsistence |
23,451
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Hire costs (non-operating leases) |
35
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Telephone |
3,297
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Office expenses |
27,852
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Equipment repairs and renewals |
11,405
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Printing postage and stationery |
3,316
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Staff training |
250
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Staff welfare |
2,174
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Sundry expenses |
2,558
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Charitable donations (allowable) |
85
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UK Entertainmrny |
212
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Entertaining - type 2 |
2,365
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Legal and professional fees (allowable) |
3,176
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Legal and professional fees (disallowable) |
15,000
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Other professional fees |
5,132
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Other professional fees - type 2 |
27,441
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Provision for doubtful debts |
(9,537) |
Bank charges |
(454) |
Foreign currency gains/losses |
22
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266,994
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Other operating income
Other operating income |
966
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Interest payable and similar expenses
Interest on bank loans and overdrafts |
1,560
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Other interest payable and similar charges |
24,591
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26,151 |
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