YOUTH SPORT DIRECT LIMITED

YOUTH SPORT DIRECT LIMITED

YOUTH SPORT TRUST ENTERPRISES LTD - Company Information

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YOUTH SPORT DIRECT LIMITED

Company Registration Number:
03289889 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2018

Period of accounts

Start date: 01 April 2017

End date: 31 March 2018

YOUTH SPORT DIRECT LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2018

Balance sheet
Notes

YOUTH SPORT DIRECT LIMITED

Balance sheet

As at 31 March 2018


Notes
2018
2017


£
£
Fixed assets
Intangible assets: 3 12,762 25,524
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 12,762 25,524
Current assets
Stocks: 36,552 73,769
Debtors: 4 304,212 185,802
Cash at bank and in hand: 204,893 387,876
Investments:   0 0
Total current assets: 545,657 647,447
Creditors: amounts falling due within one year: 5 (336,088) (487,474)
Net current assets (liabilities): 209,569 159,973
Total assets less current liabilities: 222,331 185,497
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 222,331 185,497
Capital and reserves
Called up share capital: 1 1
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 222,330 185,496
Shareholders funds: 222,331 185,497

The notes form part of these financial statements

YOUTH SPORT DIRECT LIMITED

Balance sheet statements

For the year ending 31 March 2018 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 June 2018
and signed on behalf of the board by:

Name: Marc Woods
Status: Director

The notes form part of these financial statements

YOUTH SPORT DIRECT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

YOUTH SPORT DIRECT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

2. Employees

2018 2017
Average number of employees during the period 12 17

YOUTH SPORT DIRECT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

3. Intangible Assets

Total
Cost £
At 01 April 2017 38,286
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 March 2018 38,286
Amortisation
At 01 April 2017 12,762
Charge for year 12,762
On disposals 0
Other adjustments 0
At 31 March 2018 25,524
Net book value
At 31 March 2018 12,762
At 31 March 2017 25,524

YOUTH SPORT DIRECT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

4. Debtors

2018 2017
££
Debtors due after more than one year: 0 0

YOUTH SPORT DIRECT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

5. Creditors: amounts falling due within one year note

Trade Creditors £55,316Amounts owed to group undertakings £45,128Other taxation & Social Security £59,193Accruals and deferred income £176,451Total £336,088

YOUTH SPORT DIRECT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

6. Related party transactions

Name of the related party: Youth Sport Trust
Relationship:
Ultimate Parent
Description of the Transaction: Sale of Goods to related parties
£
Balance at 01 April 2017 805,337
Balance at 31 March 2018 797,270
Name of the related party: Youth Sport Trust
Relationship:
Ultimate Parent
Description of the Transaction: Purchase of Goods from related parties
£
Balance at 01 April 2017 74,231
Balance at 31 March 2018 66,923
Name of the related party: Youth Sport Trust
Relationship:
Ultimate Parent
Description of the Transaction: Amounts owed by related parties at year end
£
Balance at 01 April 2017 99,322
Balance at 31 March 2018 236,648
Name of the related party: Youth Sport Trust
Relationship:
Ultimate Parent
Description of the Transaction: Amounts owed to related parties at year end
£
Balance at 01 April 2017 23,470
Balance at 31 March 2018 45,128