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mTw Sports LimitedLiquidated

24245 Kirchbarkau, DEU

Master Data

Registry
Register court Kiel HRB 10116 KI
Registered
9/3/2008
Industry
Sports activities n.e.c.Publishing of video gamesProvision of reservation services for theatre, sports and entertainment events
Purpose
Marketing, Promotion und Dienstleistungen rund um den elektronischen Sport

History

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Management

NameRole
Lars Eiben
since 9/3/2008
Director

Financial Report

MTW SPORTS LIMITED

Kirchbarkau

Abbreviated Accounts 31 December 2010

Abbreviated Balance Sheet as at 31 December 2010

31/12/2010 31/12/2009
Notes € € € €
Fixed assets
Intangible 3 2,770 5,145
Tangible 4
1,994 2,864
Total fixed assets 4,764 8,009
Current assets
Debtors 20,351 19,979
Cash at bank and in hand 8 6
Total current assets 20,359 19,985
Prepayments and accrued income 700
Creditors: amounts falling due within one year (60,744) (65,720)
Net current assets (liabilities) (39,685) (45,735)
Total assets less current liabilities (34,921) (37,726)
Provisions for liabilities and charges (3,967) (3,552)
Total net assets (liabilities) (38,888) (41,278)
Capital and reserves
Called up share capital 134 134
Profit and loss account (39,022) (41,412)
Shareholders funds (38,888) (41,278)

a. For the year ending 31 December 2010 the company was entitled to exemption from audit under section 477 (2) of the Companies Act 2006 relating to the small companies regime

b. The members have not required the company to obtain an audit of in accordance with section 476 of the Companies Act 2006

c. The directors acknowledge their responsibility for:

 

i) ensuring the company keeps accounting records which comply with Section 386; and
 

ii) preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year, and of its profit or loss for the financial year, in accordance with the requirements of section 393, and which otherwise comply with the requirements of the Companies Act relating to accounts, so far as is applicable to the company.

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

 

Approved by the board on: 23 September 2011

And signed on their behalf by: Lars Eiben , Director

Notes to the abbreviated accounts
For the year ending 31 December 2010

1 Accounting policies

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2005

The full financial Statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the German tax law.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, exclusive of Value Added Tax.

Depreciation

Depreciation has been provided at the following rates in Order to write off the assets over their estimated useful lives.

Fixtures and Fittings 20.00 % Straight Line

2 Exchange rate

na

3 Intangible fixed assets

Cost Or Valuation €
At 31 December 2009 5,145
additions
disposal
revaluations
transfers
At 31 December 2010 5,145
Depreciation
At 31 December 2009
Charge for year 2,375
an disposals
At 31 December 2010 2,375
Net book value
At 31 December 2009 5,145
At 31 December 2010 2,770

4 Tangible fixed assets

Cost €
At 31 December 2009 2,864
additions 159
disposals
revaluations
transfers
At 31 December 2010 3,023
Depreciation
At 31 December 2009
Charge for year 1,029
an disposals
At 31 December 2010 1,029
Net book value
At 31 December 2009 2,864
At 31 December 2010 1,994

5 Transactions with directors

6 Related party disclosures

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