Bromsgrove Community Leisure Ltd - Abbreviated accounts 16.3
Bromsgrove Community Leisure Ltd - Abbreviated accounts 16.3
REGISTERED NUMBER: |
BROMSGROVE COMMUNITY LEISURE LTD |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 31ST MAY 2016 |
BROMSGROVE COMMUNITY LEISURE LTD (REGISTERED NUMBER: 09043509) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31ST MAY 2016 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
Chartered Accountants' Report | 4 |
BROMSGROVE COMMUNITY LEISURE LTD |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31ST MAY 2016 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
BANKERS: |
BROMSGROVE COMMUNITY LEISURE LTD (REGISTERED NUMBER: 09043509) |
ABBREVIATED BALANCE SHEET |
31ST MAY 2016 |
2016 | 2015 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Stocks |
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 by: |
BROMSGROVE COMMUNITY LEISURE LTD (REGISTERED NUMBER: 09043509) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31ST MAY 2016 |
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). |
Turnover |
Turnover represents invoiced sales of services. |
Tangible fixed assets |
Fixtures, fittings and equipment | - |
Computer equipment | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
moving items. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to the income and expenditure account on a straight line basis |
over the period of the lease. |
Going concern |
These financial statements have been drawn up on the going concern basis. If the going concern basis were not |
appropriate, adjustments would have been made to reduce assets to recoverable amounts, to provide for any |
further liabilities that might arise and to re-classify fixed assets as current assets and long term liabilities as |
current liabilities. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1st June 2015 |
Additions |
At 31st May 2016 |
DEPRECIATION |
At 1st June 2015 |
Charge for year |
At 31st May 2016 |
NET BOOK VALUE |
At 31st May 2016 |
At 31st May 2015 |
3. | LIMITED LIABILITY |
The company is limited by guarantee and does not have share capital, but members are obliged to pay £1 in the |
event of the company being unable to pay its liabilities. |
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
ON THE UNAUDITED FINANCIAL STATEMENTS OF |
BROMSGROVE COMMUNITY LEISURE 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 two to three) |
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 Bromsgrove Community Leisure Ltd for the year ended 31st May 2016 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
This report is made solely to the Board of Directors of Bromsgrove Community Leisure 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 Bromsgrove Community Leisure Ltd and state those matters that we have agreed to state to the Board of Directors of Bromsgrove Community Leisure Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bromsgrove Community Leisure Ltd Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that Bromsgrove Community Leisure 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 Bromsgrove Community Leisure Ltd. You consider that Bromsgrove Community Leisure 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 Bromsgrove Community Leisure 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. |
Chartered Accountants |
22nd February 2017 |