Sunderland (Course) Limited - Limited company - abbreviated - 11.6
Sunderland (Course) Limited - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2014 |
FOR |
SUNDERLAND (COURSE) LIMITED |
SUNDERLAND (COURSE) LIMITED (REGISTERED NUMBER: 01636120) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 30 NOVEMBER 2014 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
SUNDERLAND (COURSE) LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30 NOVEMBER 2014 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
SUNDERLAND (COURSE) LIMITED (REGISTERED NUMBER: 01636120) |
ABBREVIATED BALANCE SHEET |
30 NOVEMBER 2014 |
30.11.14 | 30.11.13 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 2 |
Tangible assets | 3 |
CURRENT ASSETS |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Revaluation reserve |
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. |
The financial statements were approved by the Board of Directors on |
SUNDERLAND (COURSE) LIMITED (REGISTERED NUMBER: 01636120) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 30 NOVEMBER 2014 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention as modified by the revaluation |
of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April |
2008). |
Turnover |
The gross turnover of a bookmaker comprises the gross stakes accepted in wagers. Turnover in the financial |
statements comprises wagers accepted less wagers made and less stakes returned and winnings payable. |
Intangible fixed assets |
Intangible fixed assets comprises seniority positions held by the company stated at market value. Market value is |
assessed by the directors having regard to publicly available information. In the opinion of the directors, the |
residual value of the positions is unlikely to be less than market value: accordingly, the directors consider that it is |
not appropriate to amortise goodwill. There is no intention by the directors to dispose of any element of the |
seniority positions owned by the company, but if such a disposal took place, corporation tax would be payable on |
the entire market value at the full rate, currently 24%. |
Tangible fixed assets |
Plant and machinery etc | - |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
scheme are charged to the profit and loss account in the period to which they relate. |
2. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST OR VALUATION |
At 1 December 2013 |
and 30 November 2014 |
NET BOOK VALUE |
At 30 November 2014 |
At 30 November 2013 |
SUNDERLAND (COURSE) LIMITED (REGISTERED NUMBER: 01636120) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 30 NOVEMBER 2014 |
3. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 December 2013 |
and 30 November 2014 |
DEPRECIATION |
At 1 December 2013 |
Charge for year |
At 30 November 2014 |
NET BOOK VALUE |
At 30 November 2014 |
At 30 November 2013 |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.11.14 | 30.11.13 |
value: | £ | £ |
Ordinary | £1 |
5. | ULTIMATE PARENT COMPANY |
The ultimate parent company of Sunderland (Course) Limited is Martin Densham Limited. The ultimate controlling |
party is J P M Densham by virtue of his shareholding in the ultimate parent company. |