Registered Number 08826325
PEPSI FOOTBALL ACADEMY LIMITED
Abbreviated Accounts
31 December 2014
Notes | 2014 | ||
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£ | |||
Fixed assets | |||
Intangible assets | 2 |
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Current assets | |||
Cash at bank and in hand |
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Creditors: amounts falling due within one year | 3 |
( |
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Net current assets (liabilities) |
( |
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Total assets less current liabilities |
( |
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Total net assets (liabilities) |
( |
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Capital and reserves | |||
Called up share capital | 4 |
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Profit and loss account |
( |
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Shareholders' funds |
( |
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Intangible assets amortisation policy
Other accounting policies
The accounts have been prepared on a going concern basis, despite the deficit balance sheet at the balance sheet date.
The director considers this to be appropriate as the loss incurred has been in the first year of trading as the company established itself. The director believes the company will become profitable in the near future. The director will also continue to support the company for a period of at least 12 months from the date the accounts have been signed.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reserved at the balance sheet date.
£ | |
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Cost | |
Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 December 2014 |
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Amortisation | |
Charge for the year |
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On disposals |
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At 31 December 2014 |
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Net book values | |
At 31 December 2014 | 5,400 |
2014
£ |
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Secured Debts |
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