Abbreviated Company Accounts - BROMLEY VALLEY GYMNASTIC CENTRE

BROMLEY VALLEY GYMNASTIC CENTRE - Company Information

Registered Number 02639662

BROMLEY VALLEY GYMNASTIC CENTRE

Abbreviated Accounts

31 December 2014

BROMLEY VALLEY GYMNASTIC CENTRE Registered Number 02639662

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	3	101,188	106,389
		101,188	106,389
Current assets
Stocks		2,505	2,418
Debtors		14,550	13,110
Cash at bank and in hand		78,141	19,450
		95,196	34,978
Creditors: amounts falling due within one year		(79,529)	(60,213)
Net current assets (liabilities)		15,667	(25,235)
Total assets less current liabilities		116,855	81,154
Creditors: amounts falling due after more than one year		(76,057)	(90,900)
Total net assets (liabilities)		40,798	(9,746)
Reserves
Income and expenditure account		40,798	(9,746)
Members' funds		40,798	(9,746)

For the year ending 31 December 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 30 September 2015

And signed on their behalf by:
Andrew Macduff, Director

BROMLEY VALLEY GYMNASTIC CENTRE Registered Number 02639662

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

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 value, net of any value added tax and discounts, of goods provided to customers and work carried out in respect to services provided to customers.

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

3Tangible fixed assets

	£
Cost
At 1 January 2014	713,881
Additions	17,864
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	731,745
Depreciation
At 1 January 2014	607,492
Charge for the year	23,065
On disposals	-
At 31 December 2014	630,557
Net book values
At 31 December 2014	101,188
At 31 December 2013	106,389