1st Choice Leisure Ltd - Limited company - abbreviated - 11.9

1st Choice Leisure Ltd - Limited company - abbreviated - 11.9

1ST CHOICE LEISURE LTD - Company Information

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07989376 1.6.14 31.5.15 31.5.15 Company accounts Private Limited Company FY true false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure079893762014-05-31079893762015-05-31079893762014-06-012015-05-31079893762013-05-31079893762013-06-012014-05-31079893762014-05-3107989376ns12:England2014-06-012015-05-3107989376ns14:PoundSterling2014-06-012015-05-3107989376ns7:Director12014-06-012015-05-3107989376ns7:OrdinaryShareClass12014-06-012015-05-3107989376ns7:RegisteredOffice2014-06-012015-05-3107989376ns7:EntityAccountantsOrAuditors2014-06-012015-05-3107989376ns7:EntityLawyersOrLegalAdvisers2014-06-012015-05-3107989376ns5:PlantMachinery2014-06-012015-05-3107989376ns5:FixturesFittings2014-06-012015-05-3107989376ns5:MotorVehicles2014-06-012015-05-3107989376ns5:ComputerEquipment2014-06-012015-05-3107989376ns7:OrdinaryShareClass12015-05-3107989376ns7:OrdinaryShareClass12014-05-31
REGISTERED NUMBER: 07989376 (England and Wales)










ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31ST MAY 2015

FOR

1ST CHOICE LEISURE LTD

1ST CHOICE LEISURE LTD (REGISTERED NUMBER: 07989376)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST MAY 2015










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

1ST CHOICE LEISURE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MAY 2015







DIRECTOR: Mr K A Jones



REGISTERED OFFICE: Michael Heaven & Associates Limited
Quadrant Court
48 Calthorpe Road, Edgbaston
BIRMINGHAM
West Midlands
B15 1TH



REGISTERED NUMBER: 07989376 (England and Wales)



ACCOUNTANTS: Michael Heaven & Associates Limited
Chartered Certified Accountants
Quadrant Court
48 Calthorpe Road
Edgbaston
BIRMINGHAM
B15 1TH



INCORPORATED: 14th March 2012
Page 1
1ST CHOICE LEISURE LTD (REGISTERED NUMBER: 07989376)

ABBREVIATED BALANCE SHEET
31ST MAY 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 4,000 5,000
Tangible assets 3 3,925 5,554
7,925 10,554

CURRENT ASSETS
Stocks 3,500 3,500
Debtors 283 283
Cash at bank 5,692 6,240
9,475 10,023
CREDITORS
Amounts falling due within one year 16,203 18,380
NET CURRENT LIABILITIES (6,728 ) (8,357 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,197
2,197

PROVISIONS FOR LIABILITIES 785 1,111
NET ASSETS 412 1,086

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 312 986
SHAREHOLDERS' FUNDS 412 1,086

The notes form part of these abbreviated accounts

Page 2 continued...
1ST CHOICE LEISURE LTD (REGISTERED NUMBER: 07989376)

ABBREVIATED BALANCE SHEET - continued
31ST MAY 2015


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

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

The director acknowledges his 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 director on 29th January 2016 and were signed by:





Mr K A Jones - Director


The notes form part of these abbreviated accounts

Page 3
1ST CHOICE LEISURE LTD (REGISTERED NUMBER: 07989376)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST MAY 2015


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 the value of services and goods provided to the extent that there is a right to
consideration and is recorded at the value of the consideration due.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of seven years.

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 - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 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.

Page 4 continued...
1ST CHOICE LEISURE LTD (REGISTERED NUMBER: 07989376)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31ST MAY 2015


2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1st June 2014
and 31st May 2015 7,000
AMORTISATION
At 1st June 2014 2,000
Amortisation for year 1,000
At 31st May 2015 3,000
NET BOOK VALUE

At 31st May 2015 4,000
At 31st May 2014 5,000

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1st June 2014
and 31st May 2015 10,086
DEPRECIATION
At 1st June 2014 4,532
Charge for year 1,629
At 31st May 2015 6,161
NET BOOK VALUE
At 31st May 2015 3,925
At 31st May 2014 5,554

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
100 Ordinary £1 100 100

Page 5