SLCT Leisure Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06577004 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2014

for

SLCT Leisure Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs L H Grover

Mrs D E Winterbourne

REGISTERED OFFICE:

6 Caleta Close

Caversham

Reading

Berks

RG4 5BW

REGISTERED NUMBER:

06577004 (England and Wales)

ACCOUNTANTS:

Certax Accounting

Chartered Accountants

850 Oxford Road

Reading

UK

RG30 1EL

FIXED ASSETS

Intangible assets

2

6,717

8,209

Tangible assets

3

43,503

53,676

50,220

61,885

CURRENT ASSETS

Stocks

350

900

Debtors

635

3,112

Cash in hand

1,347

2,013

2,332

6,025

CREDITORS

Amounts falling due within one year

116,789

10,341

NET CURRENT LIABILITIES

(114,457

)

(4,316

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(64,237

)

57,569

CREDITORS

Amounts falling due after more than one year

-

93,104

NET LIABILITIES

(64,237

)

(35,535

)

CAPITAL AND RESERVES

Called up share capital

4

1

1

Profit and loss account

(64,238

)

(35,536

)

SHAREHOLDERS' FUNDS

(64,237

)

(35,535

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 profit or loss 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 18 February 2015 and were signed on its behalf by:

Mrs L H Grover - 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 goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Land and buildings

-

10% on cost

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

and 30 June 2014

14,924

AMORTISATION

At 1 July 2013

6,715

Amortisation for year

1,492

At 30 June 2014

8,207

NET BOOK VALUE

At 30 June 2014

6,717

At 30 June 2013

8,209

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

and 30 June 2014

108,003

DEPRECIATION

At 1 July 2013

54,327

Charge for year

10,173

At 30 June 2014

64,500

NET BOOK VALUE

At 30 June 2014

43,503

At 30 June 2013

53,676

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.14

30.6.13

value:

£

£

1

Ordinary

£1

1

1