Bowling College - Limited company - abbreviated - 11.9
Bowling College - Limited company - abbreviated - 11.9
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts |
for the Year Ended 31 July 2015 |
for |
Bowling College |
Company Limited by Guarantee |
Bowling College (Registered number: 05425868) |
Company Limited by Guarantee |
Contents of the Abbreviated Accounts |
for the Year Ended 31 July 2015 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
Chartered Accountants' Report | 6 |
Bowling College |
Company Limited by Guarantee |
Company Information |
for the Year Ended 31 July 2015 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Bowling College (Registered number: 05425868) |
Company Limited by Guarantee |
Abbreviated Balance Sheet |
31 July 2015 |
31.7.15 | 31.7.14 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
Income and expenditure account |
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. |
Bowling College (Registered number: 05425868) |
Company Limited by Guarantee |
Abbreviated Balance Sheet - continued |
31 July 2015 |
The financial statements were approved by the Board of Directors on |
Bowling College (Registered number: 05425868) |
Company Limited by Guarantee |
Notes to the Abbreviated Accounts |
for the Year Ended 31 July 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 amounts received or receivable for goods and services provided to customers, excluding |
VAT. |
Tangible fixed assets |
Improvements to property | - |
Plant and machinery | - |
Fixtures and fittings | - |
Computer equipment | - |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to the income and expenditure account on a straight line basis |
over the period of the lease. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
scheme are charged to the profit and loss account in the period to which they relate. |
Fixed asset depreciation policies |
The director's have decided to change the depreciation policies this year in line with the useful life of the assets. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 August 2014 |
Additions |
Disposals | ( |
) |
At 31 July 2015 |
DEPRECIATION |
At 1 August 2014 |
Charge for year |
Eliminated on disposal | ( |
) |
At 31 July 2015 |
NET BOOK VALUE |
At 31 July 2015 |
At 31 July 2014 |
3. | COMPANY LIMITED BY GUARANTEE |
The company is limited by guarantee and has no share capital. In the event of the company winding up the |
directors have a liability of £1 per member. |
Bowling College (Registered number: 05425868) |
Company Limited by Guarantee |
Notes to the Abbreviated Accounts - continued |
for the Year Ended 31 July 2015 |
4. | REVIEW OF THE RESULTS FOR THE PREVIOUS YEAR |
During the 2014 year, the college suffered a significant flood in their premises which impacted on the ability to |
provide teaching and earn income, these factors had a dramatic effect on the results for the year. A detailed |
explanation of the events can be found in the directors report. |
Chartered Accountants' Report to the Board of Directors |
on the Unaudited Financial Statements of |
Bowling College |
The following reproduces the text of the report prepared for the directors in respect of the company's annual |
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five) |
have been prepared. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
financial statements of Bowling College for the year ended 31 July 2015 which comprise the Income and Expenditure |
Account, the Balance Sheet and the related notes from the company's accounting records and from information and |
explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook. |
This report is made solely to the Board of Directors of Bowling College, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bowling College and state those matters that we have agreed to state to the Board of Directors of Bowling College, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that Bowling College has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bowling College. You consider that Bowling College is exempt from the statutory audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the financial statements of Bowling College. For this |
reason, we have not verified the accuracy or completeness of the accounting records or information and explanations |
you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
Chartered Accountants |
15 March 2016 |