Abbreviated Company Accounts - FRICKLEY ATHLETIC FOOTBALL CLUB LIMITED

FRICKLEY ATHLETIC FOOTBALL CLUB LIMITED - Company Information

Registered Number 04932518

FRICKLEY ATHLETIC FOOTBALL CLUB LIMITED

Abbreviated Accounts

31 May 2014

FRICKLEY ATHLETIC FOOTBALL CLUB LIMITED Registered Number 04932518

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	3	3,961	4,890
		3,961	4,890
Current assets
Debtors		2,678	-
		2,678	-
Creditors: amounts falling due within one year	4	(55,406)	(52,666)
Net current assets (liabilities)		(52,728)	(52,666)
Total assets less current liabilities		(48,767)	(47,776)
Accruals and deferred income		(12,983)	-
Total net assets (liabilities)		(61,750)	(47,776)
Reserves
Income and expenditure account		(61,750)	(47,776)
Members' funds		(61,750)	(47,776)

For the year ending 31 May 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 23 February 2015

And signed on their behalf by:
Gareth Dando, Director

FRICKLEY ATHLETIC FOOTBALL CLUB LIMITED Registered Number 04932518

Notes to the Abbreviated Accounts for the period ended 31 May 2014

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents gate receipts and income from other football related activities.

Tangible assets depreciation policy
Depreciation is calculated to write down the cost of fixed assets on a reducing balance basis over
their expected useful lives. The rates used are as follows:-

Plant and machinery 15%

Other accounting policies
Going concern
The financial statements have been prepared on the going concern basis, on the assumption that
the company will continue to receive the support of its directors and creditors.

Leased assets
Rentals payable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets

	£
Cost
At 1 June 2013	6,720
Additions	-
Disposals	(230)
Revaluations	-
Transfers	-
At 31 May 2014	6,490
Depreciation
At 1 June 2013	1,830
Charge for the year	699
On disposals	-
At 31 May 2014	2,529
Net book values
At 31 May 2014	3,961
At 31 May 2013	4,890

4Creditors

	2014 £	2013 £
Secured Debts	24,024	22,491