REGISTERED NUMBER: 05186363

Unaudited Financial Statements for the Year Ended 31 July 2018

for

Active Leisure Sales Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D Lester

SECRETARY:

Miss D R Lester

REGISTERED OFFICE:

Balmoral House

Warwick Court, Park Road

Middleton

Manchester

M24 1AE

REGISTERED NUMBER:

05186363

ACCOUNTANTS:

James Scott

Chartered Certified Accountant

Balmoral House

Warwick Court

Park Road

Middleton

Manchester

M24 1AE

FIXED ASSETS

Property, plant and equipment

4

540

705

CURRENT ASSETS

Inventories

-

1,597

Debtors

17,992

27,549

Cash at bank and in hand

38,526

36,043

56,518

65,189

CREDITORS

Amounts falling due within one year

84,768

90,229

NET CURRENT LIABILITIES

(28,250

)

(25,040

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(27,710

)

(24,335

)

CAPITAL AND RESERVES

Called up share capital

5

1

1

Retained earnings

(27,711

)

(24,336

)

SHAREHOLDERS' FUNDS

(27,710

)

(24,335

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2018 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.

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 Income Statement and an abridged Balance Sheet for the year ended 31 July 2018 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 26 October 2018 and were signed by:

D Lester - Director

1.	STATUTORY INFORMATION

Active Leisure Sales Limited is a private company, limited by shares , registered in Not specified/Other. 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Revenue 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.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete

and slow moving items.

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 (2017 - 1 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Totals

£

COST

At 1 August 2017

and 31 July 2018

5,481

DEPRECIATION

At 1 August 2017

4,776

Charge for year

165

At 31 July 2018

4,941

NET BOOK VALUE

At 31 July 2018

540

At 31 July 2017

705

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.18

31.7.17

value:

£

£

1

Ordinary

£1

1

1