Sportform Limited - Accounts to registrar (filleted) - small 18.1

Sportform Limited - Accounts to registrar (filleted) - small 18.1


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REGISTERED NUMBER: 03596416 (England and Wales)















Financial Statements for the Year Ended 31 July 2017

for

Sportform Limited

Sportform Limited (Registered number: 03596416)






Contents of the Financial Statements
for the Year Ended 31 July 2017




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Sportform Limited

Company Information
for the Year Ended 31 July 2017







DIRECTOR: G Nutting





SECRETARY: H E Armitage





REGISTERED OFFICE: Foresters Hall
25/27 Westow Street
London
SE19 3RY





REGISTERED NUMBER: 03596416 (England and Wales)





ACCOUNTANTS: Gibsons Financial Limited
Chartered Accountants
Foresters Hall
25/27 Westow Street
Upper Norwood
London
SE19 3RY

Sportform Limited (Registered number: 03596416)

Abridged Balance Sheet
31 July 2017

31/7/17 31/7/16
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,953 1,829

CURRENT ASSETS
Debtors 7,563 6,695
Cash at bank - 2,668
7,563 9,363
CREDITORS
Amounts falling due within one year (8,845 ) (10,938 )
NET CURRENT LIABILITIES (1,282 ) (1,575 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

671

254

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 670 253
SHAREHOLDERS' FUNDS 671 254

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2017 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.

Sportform Limited (Registered number: 03596416)

Abridged Balance Sheet - continued
31 July 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 July 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 30 April 2018 and were signed by:





G Nutting - Director


Sportform Limited (Registered number: 03596416)

Notes to the Financial Statements
for the Year Ended 31 July 2017

1. STATUTORY INFORMATION

Sportform Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information
page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,
rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,
except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted
or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured using
tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to
apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that
they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2016 - 1 ) .

Sportform Limited (Registered number: 03596416)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2017

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2016 7,877
Additions 775
At 31 July 2017 8,652
DEPRECIATION
At 1 August 2016 6,048
Charge for year 651
At 31 July 2017 6,699
NET BOOK VALUE
At 31 July 2017 1,953
At 31 July 2016 1,829

5. RELATED PARTY DISCLOSURES

During the year, total dividends of £18,000 (2016 - £9,500) were paid to the director .

6. ULTIMATE CONTROLLING PARTY

The controlling party is G Nutting.