Abbreviated Company Accounts - HUNTINGDONSHIRE FOOTBALL ASSOCIATION LIMITED

HUNTINGDONSHIRE FOOTBALL ASSOCIATION LIMITED - Company Information

Registered Number 04451011

HUNTINGDONSHIRE FOOTBALL ASSOCIATION LIMITED

Abbreviated Accounts

31 December 2014

HUNTINGDONSHIRE FOOTBALL ASSOCIATION LIMITED Registered Number 04451011

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	3	277,011	283,650
		277,011	283,650
Current assets
Debtors		13,005	17,045
Cash at bank and in hand		220,846	205,623
		233,851	222,668
Creditors: amounts falling due within one year		(44,149)	(41,772)
Net current assets (liabilities)		189,702	180,896
Total assets less current liabilities		466,713	464,546
Total net assets (liabilities)		466,713	464,546
Reserves
Revaluation reserve		171,400	171,400
Income and expenditure account		295,313	293,146
Members' funds		466,713	464,546

For the year ending 31 December 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 24 March 2015

And signed on their behalf by:
M M Armstrong, Director

HUNTINGDONSHIRE FOOTBALL ASSOCIATION LIMITED Registered Number 04451011

Notes to the Abbreviated Accounts for the period ended 31 December 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 affiliation fees, course fees, fines, Football Association grants and other income receivable in the year.

Tangible assets depreciation policy
Depreciation is provided at rates in order to write off each asset over its estimated useful life as follows:

Land and buildings - 2% straight line
Furniture and fittings - 4% and 20% straight line
Office and computer equipment - 20% straight line

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

3Tangible fixed assets

	£
Cost
At 1 January 2014	378,047
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	378,047
Depreciation
At 1 January 2014	94,397
Charge for the year	6,639
On disposals	-
At 31 December 2014	101,036
Net book values
At 31 December 2014	277,011
At 31 December 2013	283,650

Land and buildings were revalued on the basis of open market value. The historical cost of the freehold buildings included at a valuation of £325,000 was £153,600.