Company Registration No. SC278404 (Scotland)
Ayrshire Leisure Limited
Abbreviated unaudited accounts
for the year ended 31 January 2016
Ayrshire Leisure Limited
Abbreviated Balance Sheet
as at 31 January 2016
Intangible assets
44,000
45,100
Tangible assets
179,502
201,288
Creditors: amounts falling due within one year
(109,888)
(120,197)
Net current liabilities
(85,418)
(117,302)
Total assets less current liabilities
138,084
129,086
Creditors: amounts falling due after more than one year
(176,005)
(191,445)
Net liabilities
(37,921)
(62,359)
Called up share capital
2
2
Profit and loss account
(37,923)
(62,361)
Total shareholders' funds
(37,921)
(62,359)
For the year ending 31 January 2016 the company was entitled to exemption from audit 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 January 2015).
Approved by the board on 13 June 2016
Paul James Moon
Director
Company Registration No. SC278404
Ayrshire Leisure Limited
Notes to the Abbreviated Accounts
for the year ended 31 January 2016
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No depreciation is charged on heritable property
Fixtures & fittings
Between 10% and 33% on a straight line basis
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
2
Intangible fixed assets
Goodwill
Ayrshire Leisure Limited
Notes to the Abbreviated Accounts
for the year ended 31 January 2016
3
Tangible fixed assets
Land & buildings
Plant & machinery
Total
At 1 February 2015
206,735
224,993
431,728
At 31 January 2016
206,735
224,993
431,728
At 1 February 2015
30,782
199,658
230,440
Charge for the year
-
21,786
21,786
At 31 January 2016
30,782
221,444
252,226
At 31 January 2016
175,953
3,549
179,502
At 31 January 2015
175,953
25,335
201,288
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
