Balmore Golf Club Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: SC101180 (Scotland)

BALMORE GOLF CLUB LIMITED

Abbreviated Accounts for the Year Ended 31 October 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

I E White

G Dodds

R Marriott

R Smith

A Mcconnochie

G J Mckenzie

Mrs F H Mcleod

A Park

Mrs G M Sangster

REGISTERED OFFICE:

Golf Course Road

Balmore

By TORRANCE

G64 4AW

REGISTERED NUMBER:

SC101180 (Scotland)

ACCOUNTANTS:

Brechin, Cole-Hamilton & Co

Chartered Accountants

34 West George Street

Glasgow

Strathclyde

G2 1DG

FIXED ASSETS

Tangible assets

2

363,472

363,472

CURRENT ASSETS

Stocks

2,235

2,573

Debtors

4,682

-

Cash at bank and in hand

51,366

65,364

58,283

67,937

CREDITORS

Amounts falling due within one year

45,003

49,486

NET CURRENT ASSETS

13,280

18,451

TOTAL ASSETS LESS CURRENT LIABILITIES

376,752

381,923

CREDITORS

Amounts falling due after more than one year

3

38,500

38,750

NET ASSETS

338,252

343,173

RESERVES

Income and expenditure account

338,252

343,173

338,252

343,173

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 16 February 2016 and were signed on its behalf by:

I E White - 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).

Tangible fixed assets

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

Land and buildings

-

not provided

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

and 31 October 2015

363,472

NET BOOK VALUE

At 31 October 2015

363,472

At 31 October 2014

363,472

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

31.10.15

31.10.14

£

£

Repayable otherwise than by instalments

38,500

38,750