Banff Town and County Club - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC001082 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Banff Town and County Club

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Report of the Accountants

4

DIRECTORS:

I Cameron

Mrs J L Masson

G Fitzpatrick

Mrs F M McKay

G J R Watson

J R Dockerill

J T Watson

Mrs D A Wilson

G MacKenzie

SECRETARY:

J R Buchan

REGISTERED OFFICE:

11 Boyndie Street

BANFF

AB45 1DY

REGISTERED NUMBER:

SC001082 (Scotland)

ACCOUNTANTS:

Atholl Scott

16 Castle Street

BANFF

AB45 1DL

FIXED ASSETS

Tangible assets

2

67,774

68,812

CURRENT ASSETS

Stocks

4,045

3,022

Debtors

1,323

576

Cash at bank and in hand

15,986

12,714

21,354

16,312

CREDITORS

Amounts falling due within one year

11,914

9,882

NET CURRENT ASSETS

9,440

6,430

TOTAL ASSETS LESS CURRENT LIABILITIES

77,214

75,242

RESERVES

Income and expenditure account

77,214

75,242

77,214

75,242

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 30 September 2015 and were signed on its behalf by:

I Cameron - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost

convention and in accordance with the Financial Reporting Standard for

Smaller Entities (effective April 2008).

Turnover

Turnover represents amounts receivable for goods sold and services rendered

during the year, exclusive of value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Office equipment

-

33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after

making due allowance for obsolete and slow moving items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

120,209

DEPRECIATION

At 1 April 2014

51,397

Charge for year

1,038

At 31 March 2015

52,435

NET BOOK VALUE

At 31 March 2015

67,774

At 31 March 2014

68,812

The following reproduces the text of the report prepared for the directors in

respect of the company's annual unaudited financial statements, from which the

unaudited abbreviated accounts (set out on pages two to three) have been

prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2015 set out on pages three to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

This report is made solely to the Board of Directors of the company, as a body,

in accordance with the terms of our engagement. Our work has been undertaken

solely to prepare for your approval the financial statements of the company and

state those matters that we have agreed to state to the Board of Directors of

the company, as a body, in this report in accordance with the requirements of

the Institute of Financial Accountants. To the fullest extent permitted by law,

we do not accept or assume responsibility to anyone other than the company and

its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that the company has kept adequate accounting records

and to prepare statutory accounts that give a true and fair view of the assets,

liabilities and financial position of the company. You consider that the company

is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial

statements of the company. For this reason, we have not verified the accuracy or

completeness of the accounting records or information and explanations you have

given to us and we do not, therefore, express any opinion on the statutory

financial statements.

Atholl Scott

16 Castle Street

BANFF

AB45 1DL

6 October 2015