Abbreviated Company Accounts - ELY VALLEY COMMUNITY SPORTS PARK LIMITED

ELY VALLEY COMMUNITY SPORTS PARK LIMITED - Company Information

Registered Number 08634437

ELY VALLEY COMMUNITY SPORTS PARK LIMITED

Abbreviated Accounts

31 January 2015

ELY VALLEY COMMUNITY SPORTS PARK LIMITED Registered Number 08634437

Abbreviated Balance Sheet as at 31 January 2015

	Notes	2015
		£
Fixed assets
Tangible assets	3	59,874
		59,874
Current assets
Debtors		5
Cash at bank and in hand		16,324
		16,329
Creditors: amounts falling due within one year		(17,156)
Net current assets (liabilities)		(827)
Total assets less current liabilities		59,047
Creditors: amounts falling due after more than one year		(66,786)
Total net assets (liabilities)		(7,739)
Reserves
Income and expenditure account		(7,739)
Members' funds		(7,739)

For the year ending 31 January 2015 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 14 April 2015

And signed on their behalf by:
Mr NS Evans, Director

ELY VALLEY COMMUNITY SPORTS PARK LIMITED Registered Number 08634437

Notes to the Abbreviated Accounts for the period ended 31 January 2015

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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant and equipment - 25% reducing balance

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets

	£
Cost
Additions	69,035
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2015	69,035
Depreciation
Charge for the year	9,161
On disposals	-
At 31 January 2015	9,161
Net book values
At 31 January 2015	59,874