Abbreviated Company Accounts - LEE VALLEY PADDLESPORTS CLUB LTD

LEE VALLEY PADDLESPORTS CLUB LTD - Company Information

Registered Number 08905366

LEE VALLEY PADDLESPORTS CLUB LTD

Abbreviated Accounts

31 March 2015

LEE VALLEY PADDLESPORTS CLUB LTD Registered Number 08905366

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015
		£
Fixed assets
Tangible assets	3	2,294
		2,294
Current assets
Debtors		38
Cash at bank and in hand		3,754
		3,792
Creditors: amounts falling due within one year		(1,653)
Net current assets (liabilities)		2,139
Total assets less current liabilities		4,433
Total net assets (liabilities)		4,433
Reserves
Income and expenditure account		4,433
Members' funds		4,433

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 28 October 2015

And signed on their behalf by:
Martin Smyth, Director

LEE VALLEY PADDLESPORTS CLUB LTD Registered Number 08905366

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
The turnover shown in the income and expenditure account represents amounts invoiced during the period.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant and machinery - 20% Straight line

Other accounting policies
Financial instruments

Trade and other debtors are recognised and carried forward at invoiced amounts less provisions for any doubtful debts. Bad debts are written off when identified.

Cash and cash equivalents are included in the balance sheet at cost. Cash and cash equivalents comprise cash at bank and in hand and short term deposits with an original maturity of three months or less.

Trade and other creditors are recognised and carried forward at invoiced amounts.

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

3Tangible fixed assets

	£
Cost
Additions	2,315
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	2,315
Depreciation
Charge for the year	21
On disposals	-
At 31 March 2015	21
Net book values
At 31 March 2015	2,294