Yealmpton Agricultural Association - Abbreviated accounts

Registered number

03296410

Yealmpton Agricultural Association

Abbreviated Accounts

30 September 2015

Yealmpton Agricultural Association
Registered number:		03296410
Abbreviated Balance Sheet
as at 30 September 2015

Notes			2015			2014
£				£
Fixed assets
Tangible assets	2		2,511			2,916
Investments	3		2			2
			2,513			2,918

Current assets
Debtors		22,757			3,871
Cash at bank and in hand		80,025			82,030
		102,782			85,901

Creditors: amounts falling due within one year		(600)			(600)

Net current assets			102,182			85,301

Net assets			104,695			88,219

Capital and reserves
Profit and loss account			104,695			88,219

Shareholders' funds			104,695			88,219

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Mrs D Flower
Director
Approved by the board on 26 January 2016

Yealmpton Agricultural Association
Notes to the Abbreviated Accounts
for the year ended 30 September 2015

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with :

	Turnover
	Investment income is credited when received.

	Depreciation
	Assets are capitalised if their expected useful life is 4 years or more. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery	25% straight line
	0	0

	Deferred taxation
	The Association gained charitable status on 17th January 1997 with the result that there is no taxation liability on any income.


2	Tangible fixed assets		£

	Cost
	At 1 October 2014		25,166
	Additions		787
	At 30 September 2015		25,953

	Depreciation
	At 1 October 2014		22,250
	Charge for the year		1,192
	At 30 September 2015		23,442

	Net book value
	At 30 September 2015		2,511
	At 30 September 2014		2,916


3	Investments		£

	Cost
	At 1 October 2014		2

	At 30 September 2015		2