KPCSS Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04836208 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2015

for

Kirkley & Pakefield Community Sports &

Social Club Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr I L Wardrope

Mr N D Shorten

Mr J Pitts

Mr H J Goldspink

Mr C J Samkin

Mr R J Jenkerson

SECRETARY:

Mr I L Wardrope

REGISTERED OFFICE:

Walmer Road

Lowestoft

Suffolk

NR33 7LE

REGISTERED NUMBER:

04836208 (England and Wales)

ACCOUNTANTS:

CUNNINGHAMS

Number Sixty One

Alexandra Road

Lowestoft

Suffolk

NR32 1PL

FIXED ASSETS

Tangible assets

2

1,107,354

1,136,957

CURRENT ASSETS

Stocks

1,750

1,750

Debtors

53,187

8,622

Cash at bank and in hand

5,035

4,029

59,972

14,401

CREDITORS

Amounts falling due within one year

3

72,194

61,145

NET CURRENT LIABILITIES

(12,222

)

(46,744

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,095,132

1,090,213

CREDITORS

Amounts falling due after more than one year

3

-

(2,990

)

ACCRUALS AND DEFERRED INCOME

(1,026,742

)

(1,040,776

)

NET ASSETS

68,390

46,447

RESERVES

Income and expenditure account

68,390

46,447

68,390

46,447

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 October 2015 and were signed on its behalf by:

Mr R J Jenkerson - Director

Mr J Pitts - 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 net invoiced sales of goods, excluding 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.

Improvements to property

-

2% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

25% 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 July 2014

1,360,443

Additions

17,362

Disposals

(48,165

)

At 30 June 2015

1,329,640

DEPRECIATION

At 1 July 2014

223,486

Charge for year

46,965

Eliminated on disposal

(48,165

)

At 30 June 2015

222,286

NET BOOK VALUE

At 30 June 2015

1,107,354

At 30 June 2014

1,136,957

3.

CREDITORS

Creditors include an amount of £ 12,783 (30.6.14 - £ 17,445 ) for which security has been given.