Abbreviated Company Accounts - A.F.C. DARWEN

Registered Number 05388225

A.F.C. DARWEN

Abbreviated Accounts

30 June 2014

A.F.C. DARWEN Registered Number 05388225

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	3	47,379	46,191
		47,379	46,191
Current assets
Stocks		9,500	7,000
Debtors		700	700
Cash at bank and in hand		5,992	76
		16,192	7,776
Creditors: amounts falling due within one year		(26,750)	(1,019)
Net current assets (liabilities)		(10,558)	6,757
Total assets less current liabilities		36,821	52,948
Creditors: amounts falling due after more than one year		(76,003)	(76,003)
Accruals and deferred income		(10,000)	-
Total net assets (liabilities)		(49,182)	(23,055)
Reserves
Income and expenditure account		(49,182)	(23,055)
Members' funds		(49,182)	(23,055)

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 31 March 2015

And signed on their behalf by:
SJ Hindle, Director

A.F.C. DARWEN Registered Number 05388225

Notes to the Abbreviated Accounts for the period ended 30 June 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 the total invoice value of sales made during the year and derives from the provision of goods falling within the company's ordinary activities

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of rack asset over it's expected useful life as follows :
Plant and machinery - straight line over 5 years
Fixture and fittings - straight line over 5 years

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

3Tangible fixed assets

	£
Cost
At 1 July 2013	48,050
Additions	2,249
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2014	50,299
Depreciation
At 1 July 2013	1,859
Charge for the year	1,061
On disposals	-
At 30 June 2014	2,920
Net book values
At 30 June 2014	47,379
At 30 June 2013	46,191