Accounts filed on 31-07-2014
Accounts filed on 31-07-2014
true21st Club Limited085475372014-07-31-8765312397100099050123971239789081495661584742481813365634893489Basis of accounting
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
The turnover shown in the profit and loss account represents amounts invoiced during the period, exclusive of Value Added Tax.
Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.
Fixed Assets
All fixed assets are initially recorded at cost.
Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
Office equipmentStraight line0.2500
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3941394145245239413941452452Ordinary A78217820Ordinary B501500Ordinary C16811680Ordinary A1782782Ordinary B15050Ordinary C1168168Ordinary11000100010002015-02-24Mr B Woostertruetruetruetruexbrli:sharesiso4217:GBPxbrli:pure21st Club Limited2013-05-302014-07-3121st Club Limited2012-08-012013-05-2921st Club Limited2012-07-3121st Club Limited2013-05-2921st Club Limited2013-05-2921st Club Limited2014-07-31 2015-02-27
