Golfer's Retreat Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 08867798 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE PERIOD 29 JANUARY 2014 TO 31 JANUARY 2015

FOR

GOLFER'S RETREAT LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J P Hutchinson

Miss D T Chatfield

SECRETARY:

REGISTERED OFFICE:

The Flat

Uttoxeter Golf Club

Wood Lane

Uttoxeter

Staffordshire

ST14 8JR

REGISTERED NUMBER:

08867798 (England and Wales)

ACCOUNTANTS:

Wynniatt-Husey Limited (Uttoxeter Branch)

The Old Bakehouse

Dove Walk

Uttoxeter

Staffordshire

ST14 8EH

FIXED ASSETS

Tangible assets

2

1,181

CURRENT ASSETS

Stocks

1,500

Cash at bank and in hand

12,118

13,618

CREDITORS

Amounts falling due within one year

(14,187

)

NET CURRENT LIABILITIES

(569

)

TOTAL ASSETS LESS CURRENT LIABILITIES

612

RESERVES

Profit and loss account

612

SHAREHOLDERS' FUNDS

612

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2015 in accordance with Section 476 of the Companies Act 2006.

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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 19 October 2015 and were signed on its behalf by:

Miss D T Chatfield - Director

1.	ACCOUNTING POLICIES

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Motor vehicles

-

25% on cost

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

1,558

At 31 January 2015

1,558

DEPRECIATION

Charge for period

377

At 31 January 2015

377

NET BOOK VALUE

At 31 January 2015

1,181

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary

£1

-

2 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.