Chester Le Street Amateur Rowing Club - Limited company - abbreviated - 11.9

Chester Le Street Amateur Rowing Club - Limited company - abbreviated - 11.9


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REGISTERED NUMBER: 07886344 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2015

FOR

CHESTER LE STREET AMATEUR ROWING CLUB

CHESTER LE STREET AMATEUR ROWING CLUB (REGISTERED NUMBER: 07886344)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2015










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

CHESTER LE STREET AMATEUR ROWING CLUB

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2015







DIRECTORS: R E Young
G J Clark
W J Curry
Mrs J Herrod
B Webb





REGISTERED OFFICE: C11 Marquis Court
Team Valley Trading Estate
Gateshead
Tyne and Wear
NE11 0RU





REGISTERED NUMBER: 07886344 (England and Wales)





ACCOUNTANTS: McManus Hall Chartered Accountants
C11 Marquis Court
Team Valley Trading Estate
Gateshead
Tyne and Wear
NE11 0RU

CHESTER LE STREET AMATEUR ROWING CLUB (REGISTERED NUMBER: 07886344)

ABBREVIATED BALANCE SHEET
31ST MARCH 2015

31/3/15 31/3/14
Notes £    £   
FIXED ASSETS
Tangible assets 2 85,889 85,720

CURRENT ASSETS
Debtors 3,665 2,242
Cash at bank and in hand 6,721 4,732
10,386 6,974
CREDITORS
Amounts falling due within one year (22,516 ) (19,112 )
NET CURRENT LIABILITIES (12,130 ) (12,138 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

73,759

73,582

RESERVES
Revaluation reserve 65,876 65,876
Income and expenditure account 7,883 7,706
73,759 73,582

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 12th May 2015 and were signed on its behalf by:





R E Young - Director


CHESTER LE STREET AMATEUR ROWING CLUB (REGISTERED NUMBER: 07886344)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2015


1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards
(United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as
otherwise stated).

Accounting convention
The financial statements have been prepared under the historical cost convention as modified by the revaluation
of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April
2008).

Turnover
Turnover represents membership fees and training fees.

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 etc - 20% on cost and 10% on cost

2. TANGIBLE FIXED ASSETS
Total
£   
COST OR VALUATION
At 1st April 2014 93,600
Additions 5,977
At 31st March 2015 99,577
DEPRECIATION
At 1st April 2014 7,880
Charge for year 5,808
At 31st March 2015 13,688
NET BOOK VALUE
At 31st March 2015 85,889
At 31st March 2014 85,720