| ROSE GREEN SPORTS AND LEISURE LIMITED |
| Registered number: |
02565139 |
| Abbreviated Balance Sheet |
| as at 31 March 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
464,147 |
|
|
479,530 |
|
| Current assets |
| Stocks |
|
|
3,656 |
|
|
2,476 |
| Debtors |
|
|
3,023 |
|
|
6,434 |
| Cash at bank and in hand |
|
|
13,197 |
|
|
3,578 |
|
|
|
19,876 |
|
|
12,488 |
|
| Creditors: amounts falling due within one year |
|
|
(43,685) |
|
|
(62,717) |
|
| Net current liabilities |
|
|
|
(23,809) |
|
|
(50,229) |
|
| Total assets less current liabilities |
|
|
|
440,338 |
|
|
429,301 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(445,427) |
|
|
(459,040) |
|
|
|
| Net liabilities |
|
|
|
(5,089) |
|
|
(29,739) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Profit and loss account |
|
|
|
(5,089) |
|
|
(29,739) |
|
| Shareholders' funds |
|
|
|
(5,089) |
|
|
(29,739) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| E Sandiford |
| Director |
| Approved by the board on 25 May 2016 |
|
| ROSE GREEN SPORTS AND LEISURE LIMITED |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the amount of goods sold and hire charges due during the year including value added tax. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Freehold Property |
over 50 years on the straight line basis |
|
Motor vehicles |
25% reducing balance |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
Capital Grant |
|
The grant to finance the purchase of the building will be written off over 50 years. |
|
|
Going concern |
|
The Financial Statements have been drawn up on a going concern basis as the directors have confirmed their continued support for the company. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
760,113 |
|
Additions |
30,219 |
|
Disposals |
(30,219) |
|
At 31 March 2016 |
760,113 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2015 |
280,583 |
|
Charge for the year |
15,383 |
|
At 31 March 2016 |
295,966 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
464,147 |
|
At 31 March 2015 |
479,530 |
|
|
|
|
|
|
|
