Abbreviated Company Accounts - PURFLEET FOOTBALL CLUB LIMITED

PURFLEET FOOTBALL CLUB LIMITED - Company Information

03178069 PURFLEET FOOTBALL CLUB LIMITED 2014-06-30 false 2013-07-01 2014-06-30 true 03178069 2013-07-01 2014-06-30 03178069 2014-06-30 03178069 2013-06-30 03178069 uk-gaap-cd-bus:Director1 2013-07-01 2014-06-30 03178069 uk-gaap-cd-bus:Director2 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-30 iso4217:GBP shares

Registered Number 03178069

PURFLEET FOOTBALL CLUB LIMITED

Abbreviated Accounts

30 June 2014

PURFLEET FOOTBALL CLUB LIMITED Registered Number 03178069

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	70,018	77,213
		70,018	77,213
Current assets
Debtors		35,195	21,303
Cash at bank and in hand		16	2,315
		35,211	23,618
Creditors: amounts falling due within one year		(37,484)	(22,663)
Net current assets (liabilities)		(2,273)	955
Total assets less current liabilities		67,745	78,168
Creditors: amounts falling due after more than one year		(50,709)	(55,746)
Provisions for liabilities		(3,862)	(4,866)
Total net assets (liabilities)		13,174	17,556
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		13,074	17,456
Shareholders' funds		13,174	17,556

For the year ending 30 June 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 27 March 2015

And signed on their behalf by:
T W South, Director

PURFLEET FOOTBALL CLUB LIMITED Registered Number 03178069

Notes to the Abbreviated Accounts for the period ended 30 June 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, 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 comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold property - 2% straight line
Plant & machinery - 25% reducing balance
Ground Upgrade - 25% reducing balance / 5% straight line

Other accounting policies
GRANTS

Grants relating to tangible fixed assets are treated as deferred income and released to the Profit and loss account over the expected useful lives of the assets concerned. Other grants are credited to the Profit and loss account as the related expenditure is incurred.

2Tangible fixed assets

	£
Cost
At 1 July 2013	218,340
Additions	1,822
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2014	220,162
Depreciation
At 1 July 2013	141,127
Charge for the year	9,017
On disposals	-
At 30 June 2014	150,144
Net book values
At 30 June 2014	70,018
At 30 June 2013	77,213

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100