REGISTERED NUMBER: 08057072 (England and Wales)

RUN 4 WALES LTD.

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 1 JUNE 2013 TO 31 OCTOBER 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R D Cole

N B Roberts

Welsh Athletics Limited

SECRETARY:

Welsh Athletics Limited

REGISTERED OFFICE:

The Pod, Number 1

Capital Retail Park

Leckwith

Cardiff

Mid Glamorgan

CF11 8EG

REGISTERED NUMBER:

08057072 (England and Wales)

ACCOUNTANTS:

O'Brien & Partners

Chartered Accountants

Highdale House

7 Centre Court

Treforest Industrial Estate

Pontypridd

Rhondda Cynon Taff

CF37 5YR

FIXED ASSETS

Tangible assets

2

1,712

2,567

CURRENT ASSETS

Debtors

170,908

79,034

Cash at bank and in hand

368,821

193,667

539,729

272,701

CREDITORS

Amounts falling due within one year

(541,492

)

(275,268

)

NET CURRENT LIABILITIES

(1,763

)

(2,567

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(51

)

-

RESERVES

Income and expenditure account

(51

)

-

(51

)

-

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2014 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 26 June 2015 and were signed on its behalf by:

N B Roberts - Director

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

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 June 2013

and 31 October 2014

3,422

DEPRECIATION

At 1 June 2013

855

Charge for period

855

At 31 October 2014

1,710

NET BOOK VALUE

At 31 October 2014

1,712

At 31 May 2013

2,567

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

One of the director of the company is Welsh Athletics Ltd.

Run 4 Wales Ltd purchased services to the value of £111,271 (2013: £62,601) from Welsh Athletics Ltd during

the period. The amount outstanding at the balance sheet date was £Nil (2013: £Nil).