Abbreviated Company Accounts - SCHOOLS TENNIS PROJECT LIMITED - THE

SCHOOLS TENNIS PROJECT LIMITED - THE - Company Information

Registered Number NI045667

SCHOOLS TENNIS PROJECT LIMITED - THE

Abbreviated Accounts

31 August 2014

SCHOOLS TENNIS PROJECT LIMITED - THE Registered Number NI045667

Abbreviated Balance Sheet as at 31 August 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	3	13,952	12,836
Investments	4	55,743	55,743
		69,695	68,579
Current assets
Cash at bank and in hand		104,485	96,181
		104,485	96,181
Creditors: amounts falling due within one year		(7,261)	(8,809)
Net current assets (liabilities)		97,224	87,372
Total assets less current liabilities		166,919	155,951
Total net assets (liabilities)		166,919	155,951
Reserves
Revaluation reserve		5,743	5,743
Income and expenditure account		161,176	150,208
Members' funds		166,919	155,951

For the year ending 31 August 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 29 May 2015

And signed on their behalf by:
Brian Cushnie, Director

SCHOOLS TENNIS PROJECT LIMITED - THE Registered Number NI045667

Notes to the Abbreviated Accounts for the period ended 31 August 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention and in accordance with applicable accounting standards.

Turnover policy
Turnover is the total amount receivable by the company for goods supplied and services provided, derived from the ordinary activities of the company.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life

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

3Tangible fixed assets

	£
Cost
At 1 September 2013	25,419
Additions	4,604
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2014	30,023
Depreciation
At 1 September 2013	12,583
Charge for the year	3,488
On disposals	-
At 31 August 2014	16,071
Net book values
At 31 August 2014	13,952
At 31 August 2013	12,836

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life

4Fixed assets Investments
The valuation at 31 August 2014 is represented by the market value of the Listed Investments at that date.