| THE SPORTS AND PLAY CONSTRUCTION ASSOCIATION |
| Registered number: |
03347650 |
| Abbreviated Balance Sheet |
| as at 31 December 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
11,840 |
|
|
7,366 |
|
| Current assets |
| Debtors |
|
|
10,195 |
|
|
23,367 |
| Cash at bank and in hand |
|
|
292,414 |
|
|
283,949 |
|
|
|
302,609 |
|
|
307,316 |
|
| Creditors: amounts falling due within one year |
|
|
(24,475) |
|
|
(29,766) |
|
| Net current assets |
|
|
|
278,134 |
|
|
277,550 |
|
| Net assets |
|
|
|
289,974 |
|
|
284,916 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Revaluation reserve |
|
|
|
50,000 |
|
|
50,000 |
| Profit and loss account |
|
|
|
239,974 |
|
|
234,916 |
|
| Shareholders' funds |
|
|
|
289,974 |
|
|
284,916 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mr N Allen |
| Director |
| Approved by the board on 24 March 2015 |
|
| THE SPORTS AND PLAY CONSTRUCTION ASSOCIATION |
| Notes to the Abbreviated Accounts |
| for the year ended 31 December 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
30% reducing balance |
|
|
Deferred taxation |
|
Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences. |
|
|
Pensions |
|
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £6,981 (2012 £6,947). The liabilities brought forward and carried forward are £3,436 and £264 respectively. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 January 2014 |
38,216 |
|
Additions |
8,663 |
|
At 31 December 2014 |
46,879 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2014 |
30,850 |
|
Charge for the year |
4,189 |
|
At 31 December 2014 |
35,039 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2014 |
11,840 |
|
At 31 December 2013 |
7,366 |
|
|
|
|
|
|
|
