Abbreviated Company Accounts - CHIPPENHAM GOLF CENTRE LIMITED

CHIPPENHAM GOLF CENTRE LIMITED - Company Information

Registered Number 07036875

CHIPPENHAM GOLF CENTRE LIMITED

Abbreviated Accounts

28 February 2015

CHIPPENHAM GOLF CENTRE LIMITED Registered Number 07036875

Abbreviated Balance Sheet as at 28 February 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	438,025	442,792
		438,025	442,792
Current assets
Stocks		34,280	36,600
Debtors		-	1,472
Cash at bank and in hand		27,351	9,917
		61,631	47,989
Creditors: amounts falling due within one year		(18,236)	(19,499)
Net current assets (liabilities)		43,395	28,490
Total assets less current liabilities		481,420	471,282
Creditors: amounts falling due after more than one year		(715,998)	(704,998)
Total net assets (liabilities)		(234,578)	(233,716)
Capital and reserves
Called up share capital		2	2
Profit and loss account		(234,580)	(233,718)
Shareholders' funds		(234,578)	(233,716)

For the year ending 28 February 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 4 November 2015

And signed on their behalf by:
P HANCOX, Director

CHIPPENHAM GOLF CENTRE LIMITED Registered Number 07036875

Notes to the Abbreviated Accounts for the period ended 28 February 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
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Depreciation on fixed assets is provided at rates estimated to write off the cost or revalued amounts, less estimated residual value, of each asset over its expected useful life as follows:- Plant & Machinery: 20% reducing balance Office Equipment 20% Land & Buildings Nil

Other accounting policies
GOING CONCERN
The Company's ability to continue to trade as a going concern is dependent on the continuing support of the directors. The directors have confirmed they will continue to support the company for the next twelve months.

2Tangible fixed assets

	£
Cost
At 1 March 2014	477,840
Additions	2,485
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2015	480,325
Depreciation
At 1 March 2014	35,048
Charge for the year	7,252
On disposals	-
At 28 February 2015	42,300
Net book values
At 28 February 2015	438,025
At 28 February 2014	442,792