REGISTERED NUMBER: 07385315 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2016

FOR

ACADEMY SOCCER COACH LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P Abbott

M Beale

R Clarke

SECRETARY:

REGISTERED OFFICE:

29 Gildredge Road

Eastbourne

East Sussex

BN21 4RU

REGISTERED NUMBER:

07385315 (England and Wales)

ACCOUNTANTS:

Advanta

Chartered Accountants

29 Gildredge Road

Eastbourne

East Sussex

BN21 4RU

FIXED ASSETS

Intangible assets

3

-

548

Tangible assets

4

2,888

2,011

2,888

2,559

CURRENT ASSETS

Debtors

5

50,073

17,935

Cash at bank

95,353

100,301

145,426

118,236

CREDITORS

Amounts falling due within one year

6

140,616

121,681

NET CURRENT ASSETS/(LIABILITIES)

4,810

(3,445

)

TOTAL ASSETS LESS CURRENT LIABILITIES

7,698

(886

)

CAPITAL AND RESERVES

Called up share capital

10

2

Capital redemption reserve

8

8

-

Retained earnings

8

7,680

(888

)

SHAREHOLDERS' FUNDS

7,698

(886

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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

The financial statements were approved by the Board of Directors on 31 May 2017 and were signed on its behalf by:

P Abbott - Director

1.	STATUTORY INFORMATION

Academy Soccer Coach 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

Going concern

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 represents net licence fees recognised evenly over the length of the sales contract, excluding value

added tax.

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

-

Over 3 years

Deferred tax

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

sheet date.

Patent and trademark

Amortisation of the patent and trademark is provided to write off the asset over its estimated useful life of 4

years.

3.	INTANGIBLE FIXED ASSETS

Patents &

trademarks

£

COST

At 1 September 2015

and 31 August 2016

2,192

AMORTISATION

At 1 September 2015

1,644

Amortisation for year

548

At 31 August 2016

2,192

NET BOOK VALUE

At 31 August 2016

-

At 31 August 2015

548

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 September 2015

8,832

Additions

3,259

At 31 August 2016

12,091

DEPRECIATION

At 1 September 2015

6,821

Charge for year

2,382

At 31 August 2016

9,203

NET BOOK VALUE

At 31 August 2016

2,888

At 31 August 2015

2,011

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade debtors

37,832

9,664

Other debtors

2,646

1,935

VAT

640

-

Deferred tax asset

8,747

6,053

Prepayments

208

283

50,073

17,935

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade creditors

17

-

Tax

-

34

PAYE

791

649

VAT

-

3,780

Other creditors

1,325

2,485

Prepaid income

118,675

90,967

Directors' current accounts

3,526

6,690

Accrued expenses

16,282

17,076

140,616

121,681

7.	DEFERRED TAX

£

Balance at 1 September 2015

(6,053

)

Credit to Income Statement during year

(2,694

)

Deferred tax on losses

Balance at 31 August 2016

(8,747

)

8.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 September 2015

(888

)

-

(888

)

Profit for the year

33,568

-

33,568

Purchase of own shares

(25,000

)

8

(24,992

)

At 31 August 2016

7,680

8

7,688

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, the company bought back eight of its ordinary £1 B shares from Mr M Beale (a director) for

consideration in the sum of £25,000.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P Abbott.