Accounts filed on 31-08-2015

Accounts filed on 31-08-2015

RYE DANCE CENTRE LIMITED - Company Information

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RYE DANCE CENTRE LIMITED

Company Registration Number:
04892156 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 September 2014

End date: 31 August 2015

RYE DANCE CENTRE LIMITED

Abbreviated Balance sheet

As at 31 August 2015


Notes
2015
£
2014
£
Fixed assets
Intangible assets: 2 0 2,750
Tangible assets: 3 396,957 399,490
Total fixed assets: 396,957 402,240
Current assets
Stocks: 0 0
Debtors: 208 208
Cash at bank and in hand: 8,781 5,112
Total current assets: 8,989 5,320
Creditors: amounts falling due within one year: ( 196,755 ) ( 206,682 )
Net current assets (liabilities): ( 187,766 ) ( 201,362 )
Total assets less current liabilities: 209,191 200,878
Creditors: amounts falling due after more than one year: ( 179,795 ) ( 189,318 )
Provision for liabilities: 0 0
Total net assets (liabilities): 29,396 11,560

The notes form part of these financial statements

RYE DANCE CENTRE LIMITED

Balance sheet continued

As at 31 August 2015


Notes
2015
£
2014
£
Capital and reserves
Called up share capital: 4 2 2
Revaluation reserve: 0 0
Profit and loss account: 29,394 11,558
Shareholders funds: 29,396 11,560

For the year ending 31 August 2015 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Board of Directors on 14 May 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: joanne margaret fletcher
Status: Director

Name: roy fletcher
Status: Director

The notes form part of these financial statements

RYE DANCE CENTRE LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 August 2015

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008)

    Turnover policy

    Turnover represents the total invoice , excluding value added tax, of sales made during the year.

    Tangible fixed assets depreciation policy

    Depreciation is provided at rates calculated to write off the cost less residual value
    of each asset over its expected useful life, as follows:

    Freehold property
    Fixtures, fittings and equipment

    There is no depreciation on freehold property as the directors are of the opinion that
    the value of the property is in excess of the cost shown in the accounts.

    Intangible fixed assets amortisation policy

    Acquired goodwill is written off in equal annual instalments over its estimated useful
    economic life of 20 years.

    The board have taken the opportunity afforded by the forthcoming introduction of
    FRS102 to review the estimated useful life. The board have determined that it would be
    prudent to recognise goodwil as having a useful life of no more than five years. In view of
    this estimate all remaining goodwill has been written in the current year.

RYE DANCE CENTRE LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 August 2015

  • 2. Intangible assets

    Total
    Cost £
    01 September 2014: 5,000
    Additions: 0
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 August 2015: 5,000
    Amortisation
    01 September 2014: 2,250
    Provided during the period: 2,750
    On disposals: 0
    Other Adjustments: 0
    31 August 2015: 5,000
    Net book value
    31 August 2015: 0
    31 August 2014: 2,750

RYE DANCE CENTRE LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 August 2015

  • 3. Tangible assets

    Total
    Cost £
    01 September 2014: 442,591
    Additions: 0
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 August 2015: 442,591
    Depreciation
    01 September 2014: 43,101
    Charge for year: 2,533
    On disposals: 0
    Other adjustments: 0
    31 August 2015: 45,634
    Net book value
    31 August 2015: 396,957
    31 August 2014: 399,490

RYE DANCE CENTRE LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 August 2015

  • 4. Called up share capital

    Allotted, called up and paid

    Previous period
    2014
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 2 1.00 2
    Preference shares: 0 0.00 0
    Total share capital (£): 2
    Current period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 2 1.00 2
    Preference shares: 0 0.00 0
    Total share capital (£): 2