Berwick & District Motor Club Ltd - Abbreviated accounts 16.1

Berwick & District Motor Club Ltd - Abbreviated accounts 16.1

BERWICK & DISTRICT MOTOR CLUB LTD - Company Information

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REGISTERED NUMBER: 03357882















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

BERWICK & DISTRICT MOTOR CLUB LTD

BERWICK & DISTRICT MOTOR CLUB LTD (REGISTERED NUMBER: 03357882)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2015




Page

Company Information 1

Chartered Accountants' Report 2

Abbreviated Balance Sheet 3

Notes to the Abbreviated Accounts 4

BERWICK & DISTRICT MOTOR CLUB LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2015







DIRECTORS: J Bertram
D Smith
J Straughan





SECRETARY: D Smith





REGISTERED OFFICE: Ava Lodge
Castle Terrace
Berwick Upon Tweed
Northumberland
TD15 1NP





REGISTERED NUMBER: 03357882





ACCOUNTANTS: J.H. Greenwood & Company
Chartered Accountants
Ava Lodge
Castle Terrace
Berwick Upon Tweed
Northumberland
TD15 1NP
Page 1
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
BERWICK & DISTRICT MOTOR CLUB LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited
financial statements, from which the unaudited abbreviated accounts (set out on pages three to four) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial
statements of Berwick & District Motor Club Ltd for the year ended 31 December 2015 which comprise the Income and
Expenditure Account, the Balance Sheet and the related notes from the company's accounting records and from information and
explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Berwick & District Motor Club Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Berwick & District Motor Club Ltd and state those matters that we have agreed to state to the Board of Directors of Berwick & District Motor Club Ltd, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Berwick & District Motor Club Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Berwick & District Motor Club Ltd. You consider that Berwick & District Motor Club Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Berwick & District Motor Club Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






J.H. Greenwood & Company
Chartered Accountants
Ava Lodge
Castle Terrace
Berwick Upon Tweed
Northumberland
TD15 1NP


20 September 2016

This page does not form part of the abbreviated accounts

Page 2
BERWICK & DISTRICT MOTOR CLUB LTD (REGISTERED NUMBER: 03357882)

ABBREVIATED BALANCE SHEET
31 DECEMBER 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 6,479 3,144

CURRENT ASSETS
Cash at bank 12,685 18,587

CREDITORS
Amounts falling due within one year 1,353 4,497
NET CURRENT ASSETS 11,332 14,090
TOTAL ASSETS LESS CURRENT
LIABILITIES
17,811
17,234

RESERVES
Income and expenditure account 17,811 17,234
17,811 17,234

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 September 2016 and were signed on its behalf by:





J Bertram - Director


The notes form part of these abbreviated accounts

Page 3
BERWICK & DISTRICT MOTOR CLUB LTD (REGISTERED NUMBER: 03357882)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2015

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 January 2015).

Exemption from preparing a cash flow statement
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small
company.

Turnover
Turnover is represented by income from members subscriptions and competitive events.

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 - 15% on reducing balance
Trophies - 25% on cost
Computer equipment - Straight line over 4 years

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2015 10,703
Additions 4,802
At 31 December 2015 15,505
DEPRECIATION
At 1 January 2015 7,559
Charge for year 1,467
At 31 December 2015 9,026
NET BOOK VALUE
At 31 December 2015 6,479
At 31 December 2014 3,144

The trophies in the accounts are at their written down value of £1.
In 2013 the trophies were valued at approximately £10,000 for insurance purposes.

Page 4