Cretingham Golf Club Ltd. - Limited company - abbreviated - 11.6
Cretingham Golf Club Ltd. - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts |
for the Year Ended 31 December 2014 |
for |
Cretingham Golf Club Ltd. |
Cretingham Golf Club Ltd. (Registered number: 03667874) |
Contents of the Abbreviated Accounts |
for the Year Ended 31 December 2014 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
Cretingham Golf Club Ltd. |
Company Information |
for the Year Ended 31 December 2014 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
Cretingham Golf Club Ltd. (Registered number: 03667874) |
Abbreviated Balance Sheet |
31 December 2014 |
2014 | 2013 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 2 |
Tangible assets | 3 |
Investment property | 4 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
5 |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Profit and loss account | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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. |
Cretingham Golf Club Ltd. (Registered number: 03667874) |
Abbreviated Balance Sheet - continued |
31 December 2014 |
The financial statements were approved by the Board of Directors on behalf by: |
Cretingham Golf Club Ltd. (Registered number: 03667874) |
Notes to the Abbreviated Accounts |
for the Year Ended 31 December 2014 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
At the year end date the company was insolvent. In meeting the company's working capital |
requirements the company is reliant on continued support and funding from it's bank and trade |
facilities. On the basis that the directors considers it appropriate to prepare the financial statements |
on a going concern basis, the financial statements do not include any adjustments that would result |
from the withdrawal of their support. |
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 |
Tangible fixed assets |
Freehold property | - |
Improvements to property | - |
Plant and machinery | - |
Fixtures and fittings | - |
Website & ITcosts | - |
The directors consider that freehold properties are maintained in such a state of repair that their |
residual value is at least equal to their net book value. As a result, the corresponding depreciation |
would not be material and therefore is not charged in the profit and loss account. |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from |
changes in market value is transferred to a revaluation reserve. |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
obsolete and slow moving items. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
the balance sheet date. |
Cretingham Golf Club Ltd. (Registered number: 03667874) |
Notes to the Abbreviated Accounts - continued |
for the Year Ended 31 December 2014 |
2. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 January 2014 |
and 31 December 2014 |
AMORTISATION |
At 1 January 2014 |
and 31 December 2014 |
NET BOOK VALUE |
At 31 December 2014 |
At 31 December 2013 |
3. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 January 2014 |
Reclassification/transfer | ( |
) |
At 31 December 2014 |
DEPRECIATION |
At 1 January 2014 |
Charge for year |
At 31 December 2014 |
NET BOOK VALUE |
At 31 December 2014 |
At 31 December 2013 |
4. | INVESTMENT PROPERTY |
Total |
£ |
COST |
Additions |
Reclassification/transfer |
At 31 December 2014 |
NET BOOK VALUE |
At 31 December 2014 |
5. | CREDITORS |
Creditors include an amount of £ |
Cretingham Golf Club Ltd. (Registered number: 03667874) |
Notes to the Abbreviated Accounts - continued |
for the Year Ended 31 December 2014 |
5. | CREDITORS - continued |
They also include the following debts falling due in more than five years: |
2014 | 2013 |
£ | £ |
Repayable by instalments | 97,148 | 319,845 |
6. | CALLED UP SHARE CAPITAL |
Allotted and issued: |
Number: | Class: | Nominal | 2014 | 2013 |
value: | £ | £ |
Share capital 1 | £1 |