BMW Historic Motor Club (UK) Ltd - Limited company - abbreviated

REGISTERED NUMBER: 05960606 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

BMW HISTORIC MOTOR CLUB (UK) LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M Garfitt

Ms A K Clark-Kennedy

J V Muschamp

D Williams

M J Sythes

P Bowden

M H Dawes

P Boswell

R Gatley

REGISTERED OFFICE:

45 Park Road

Gloucester

Gloucestershire

GL1 1LP

REGISTERED NUMBER:

05960606 (England and Wales)

ACCOUNTANTS:

Little and Company

45 Park Road

Gloucester

Gloucestershire

GL1 1LP

FIXED ASSETS

Tangible assets

2

4,485

4,559

CURRENT ASSETS

Stocks

2,902

2,950

Debtors

970

1,660

Cash at bank

17,814

18,643

21,686

23,253

CREDITORS

Amounts falling due within one year

983

2,809

NET CURRENT ASSETS

20,703

20,444

TOTAL ASSETS LESS CURRENT
LIABILITIES

25,188

25,003

RESERVES

Income and expenditure account

25,188

25,003

25,188

25,003

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 20 March 2016 and were signed on its behalf by:

M H Dawes - Director

J V Muschamp - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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.

Plant and machinery

-

25% on reducing balance

Trophies

-

not provided

BMW Historic Motor Club (UK) Ltd - Limited company - abbreviated - 11.9

BMW Historic Motor Club (UK) Ltd - Limited company - abbreviated - 11.9