Abbreviated Company Accounts - SCHOOLS TENNIS PROJECT LIMITED - THE

SCHOOLS TENNIS PROJECT LIMITED - THE - Company Information

Registered Number NI045667

SCHOOLS TENNIS PROJECT LIMITED - THE

Abbreviated Accounts

31 August 2015

SCHOOLS TENNIS PROJECT LIMITED - THE Registered Number NI045667

Abbreviated Balance Sheet as at 31 August 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	3	11,642	13,952
Investments	4	55,743	55,743
		67,385	69,695
Current assets
Cash at bank and in hand		112,461	104,485
		112,461	104,485
Creditors: amounts falling due within one year		(11,751)	(7,261)
Net current assets (liabilities)		100,710	97,224
Total assets less current liabilities		168,095	166,919
Total net assets (liabilities)		168,095	166,919
Reserves
Revaluation reserve		5,743	5,743
Income and expenditure account		162,352	161,176
Members' funds		168,095	166,919

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 31 May 2016

And signed on their behalf by:
Brian Cushnie, Director

SCHOOLS TENNIS PROJECT LIMITED - THE Registered Number NI045667

Notes to the Abbreviated Accounts for the period ended 31 August 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The following accounting policies have been used consistently in dealing with items which are considered material in relation to the company’s financial statements.

Turnover policy
Turnover is the total amount receivable by the company for services provided excluding VAT and trade discounts, derived from the ordinary activities of the company.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets

	£
Cost
At 1 September 2014	30,023
Additions	480
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2015	30,503
Depreciation
At 1 September 2014	16,071
Charge for the year	2,790
On disposals	-
At 31 August 2015	18,861
Net book values
At 31 August 2015	11,642
At 31 August 2014	13,952

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life

4Fixed assets Investments
The valuation at 31 August 2015 is represented by the market value of the listed investments at that date