Abbreviated Company Accounts - AUDAX UNITED KINGDOM LONG DISTANCE CYCLISTS` ASSOCIATION

Abbreviated Company Accounts - AUDAX UNITED KINGDOM LONG DISTANCE CYCLISTS` ASSOCIATION

AUDAX UNITED KINGDOM LONG DISTANCE CYCLISTS` ASSOCIATION - Company Information

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Registered Number 05920055

AUDAX UNITED KINGDOM LONG DISTANCE CYCLISTS` ASSOCIATION

Abbreviated Accounts

31 August 2015

AUDAX UNITED KINGDOM LONG DISTANCE CYCLISTS` ASSOCIATION Registered Number 05920055

Abbreviated Balance Sheet as at 31 August 2015

Notes 2015 2014
£ £
Current assets
Stocks 3,436 4,612
Debtors 3,658 2,934
Cash at bank and in hand 250,339 228,896
257,433 236,442
Creditors: amounts falling due within one year (27,973) (16,602)
Net current assets (liabilities) 229,460 219,840
Total assets less current liabilities 229,460 219,840
Creditors: amounts falling due after more than one year (27,508) (24,743)
Total net assets (liabilities) 201,952 195,097
Reserves
Other reserves 201,952 195,097
Members' funds 201,952 195,097
  • For the year ending 31 August 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 16 October 2015

And signed on their behalf by:
Paul Salmons, Director

AUDAX UNITED KINGDOM LONG DISTANCE CYCLISTS` ASSOCIATION Registered Number 05920055

Notes to the Abbreviated Accounts for the period ended 31 August 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
Turnover represents sales of goods and services to members.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital. Each member is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.