Abbreviated Company Accounts - CORSHAM SCHOOLBOY SCRAMBLE CLUB LIMITED

Abbreviated Company Accounts - CORSHAM SCHOOLBOY SCRAMBLE CLUB LIMITED

CORSHAM SCHOOLBOY SCRAMBLE CLUB LIMITED - Company Information

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Registered Number 04010360

CORSHAM SCHOOLBOY SCRAMBLE CLUB LIMITED

Abbreviated Accounts

30 June 2014

CORSHAM SCHOOLBOY SCRAMBLE CLUB LIMITED Registered Number 04010360

Abbreviated Balance Sheet as at 30 June 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 3 6,278 8,378
6,278 8,378
Current assets
Cash at bank and in hand 6,117 3,786
6,117 3,786
Creditors: amounts falling due within one year (2,659) (1,159)
Net current assets (liabilities) 3,458 2,627
Total assets less current liabilities 9,736 11,005
Total net assets (liabilities) 9,736 11,005
Reserves
Income and expenditure account 9,736 11,005
Members' funds 9,736 11,005
  • For the year ending 30 June 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 12 March 2015

And signed on their behalf by:
C Pomphrey, Director

CORSHAM SCHOOLBOY SCRAMBLE CLUB LIMITED Registered Number 04010360

Notes to the Abbreviated Accounts for the period ended 30 June 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents net amounts of subscriptions and fees received from members of the club,excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & machinery etc 25%

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital. The liability of each member is limited to £1.

3Tangible fixed assets
£
Cost
At 1 July 2013 15,503
Additions -
Disposals -
Revaluations -
Transfers -
At 30 June 2014 15,503
Depreciation
At 1 July 2013 7,125
Charge for the year 2,100
On disposals -
At 30 June 2014 9,225
Net book values
At 30 June 2014 6,278
At 30 June 2013 8,378