Run 4 Wales Ltd. - Abbreviated accounts 16.1
Run 4 Wales Ltd. - Abbreviated accounts 16.1
DRAFT |
REGISTERED NUMBER: |
RUN 4 WALES LTD. |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 31 OCTOBER 2015 |
RUN 4 WALES LTD. (REGISTERED NUMBER: 08057072) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
for the Year Ended 31 October 2015 |
DRAFT |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
RUN 4 WALES LTD. |
COMPANY INFORMATION |
for the Year Ended 31 October 2015 |
DRAFT |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
RUN 4 WALES LTD. (REGISTERED NUMBER: 08057072) |
ABBREVIATED BALANCE SHEET |
31 October 2015 |
31.10.15 | 31.10.14 |
Notes | £ | £ |
DRAFT |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
RESERVES |
Income and expenditure account | ( |
) | ( |
) |
( |
) | ( |
) |
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 financial statements were approved by the Board of Directors on |
RUN 4 WALES LTD. (REGISTERED NUMBER: 08057072) |
NOTES TO THE ABBREVIATED ACCOUNTS |
for the Year Ended 31 October 2015 |
DRAFT |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements 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 net invoiced sales of services, excluding value added tax. |
Tangible fixed assets |
Plant and machinery etc | - |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
Grants receivable |
Grants are credited to deferred income. Grants towards capital expenditure are released to the profit and loss |
account over the expected useful life of the assets. Grants towards revenue expenditure are released to the profit |
and loss account as the related expenditure is incurred. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 November 2014 |
Reclassification/transfer | ( |
) |
At 31 October 2015 |
DEPRECIATION |
At 1 November 2014 |
Reclassification/transfer | ( |
) |
At 31 October 2015 |
NET BOOK VALUE |
At 31 October 2015 |
At 31 October 2014 |
3. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
During the year, Run 4 Wales Ltd purchased services to the value of £63,523 (2014: £111,274) from Welsh |
Athletics Ltd. At the year end, the balance outstanding to Welsh Athletics Limited was £17,080 (2014: £Nil). |
The above transaction is related as Welsh Athletics Limited is a corporate director of the company. |