BED_HEAD_FOOTBALL_CLUB_LI - Accounts

BED HEAD FOOTBALL CLUB LIMITED - Company Information

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Company Registration No. 06018326 (England and Wales)

BED HEAD FOOTBALL CLUB LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2014

BED HEAD FOOTBALL CLUB LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

BED HEAD FOOTBALL CLUB LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 AUGUST 2014

- 1 -

2014

2013

Notes

Fixed assets

Tangible assets

228

Current assets

Debtors

3,471

7,000

Cash at bank and in hand

14,488

532

17,959

7,532

Creditors: amounts falling due within one year

(25,938)

(15,414)

Net current liabilities

(7,979)

(7,882)

Total assets less current liabilities

(7,979)

(7,654)

Capital and reserves

Called up share capital

100

Profit and loss account

(8,079)

(7,754)

Shareholders' funds

(7,979)

(7,654)

For the financial year ended 31 August 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 16 March 2015

Allan Hogg

Director

Company Registration No. 06018326

BED HEAD FOOTBALL CLUB LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The company meets its day to day working capital requirements through the support of the director and shareholder. This support has been confirmed for a period of at least 12 months from the approval of the financial statements. On this basis, the director considers it appropriate to prepare the financial statements on the going concern basis.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for football coaching services net of VAT.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment

33% straight line

Fixed assets

Tangible assets

Cost

At 1 September 2013 & at 31 August 2014

1,898

Depreciation

At 1 September 2013

1,670

Charge for the year

228

At 31 August 2014

1,898

Net book value

At 31 August 2014

At 31 August 2013

228

Share capital

2014

2013

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100