Abbreviated Company Accounts - RAS RYNGWLADOL YR WYDDFA INTERNATIONAL SNOWDON RACE

Abbreviated Company Accounts - RAS RYNGWLADOL YR WYDDFA INTERNATIONAL SNOWDON RACE


Registered Number 07645592

RAS RYNGWLADOL YR WYDDFA INTERNATIONAL SNOWDON RACE

Abbreviated Accounts

31 March 2015

RAS RYNGWLADOL YR WYDDFA INTERNATIONAL SNOWDON RACE Registered Number 07645592

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 3 2,530 346
2,530 346
Current assets
Debtors - 1,059
Cash at bank and in hand 10,481 6,911
10,481 7,970
Creditors: amounts falling due within one year (600) (600)
Net current assets (liabilities) 9,881 7,370
Total assets less current liabilities 12,411 7,716
Total net assets (liabilities) 12,411 7,716
Reserves
Income and expenditure account 12,411 7,716
Members' funds 12,411 7,716
  • For the year ending 31 March 2015 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 12 June 2015

And signed on their behalf by:
T Edwards, Director

RAS RYNGWLADOL YR WYDDFA INTERNATIONAL SNOWDON RACE Registered Number 07645592

Notes to the Abbreviated Accounts for the period ended 31 March 2015

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 sales made during the year and derives from the provision of goods falling within the company's ordinary activities including grants and donations received.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings and equipment - 25% straight line

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

3Tangible fixed assets
£
Cost
At 1 April 2014 462
Additions 3,066
Disposals -
Revaluations -
Transfers -
At 31 March 2015 3,528
Depreciation
At 1 April 2014 116
Charge for the year 882
On disposals -
At 31 March 2015 998
Net book values
At 31 March 2015 2,530
At 31 March 2014 346