MARKET DRAYTON RUGBY FOOTBALL CLUB LTD - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07739278 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2015

FOR

MARKET DRAYTON RUGBY FOOTBALL

CLUB LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

N G L Minshall

G C Wadsworth

G J Hardy

N J Duxbury

SECRETARY:

Mrs E V Wadsworth

REGISTERED OFFICE:

55 Croft Way

Market Drayton

Shropshire

TF9 3UB

REGISTERED NUMBER:

07739278 (England and Wales)

ACCOUNTANTS:

Barringtons Limited

41 Cheshire Street

Market Drayton

Shropshire

TF9 1PH

FIXED ASSETS

Tangible assets

2

19,364

21,314

CURRENT ASSETS

Stocks

55

55

Cash at bank

6,485

4,975

6,540

5,030

CREDITORS

Amounts falling due within one year

444

432

NET CURRENT ASSETS

6,096

4,598

TOTAL ASSETS LESS CURRENT LIABILITIES

25,460

25,912

RESERVES

Transfer of business reserves

29,552

29,552

Income and expenditure account

(4,092

)

(3,640

)

25,460

25,912

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 surplus or deficit 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 Board of Directors on 30 March 2016 and were signed on its behalf by:

G C Wadsworth - Director

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 match fees, subscriptions, fund-raising activities and related income derived from the members.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

5% on cost

Fixtures and fittings

-

10% 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

and 30 June 2015

27,000

DEPRECIATION

At 1 July 2014

5,686

Charge for year

1,950

At 30 June 2015

7,636

NET BOOK VALUE

At 30 June 2015

19,364

At 30 June 2014

21,314

3.	LIMITED BY GUARANTEE

The company is limited by guarantee, and as such has no share capital.

In the event of winding up, each member of the company is liable to contribute an amount not exceeding £1. At 30 June

2013 the number of members was 5.