Abbreviated Company Accounts - ROSEMARKIE AMENITIES ASSOCIATION

Abbreviated Company Accounts - ROSEMARKIE AMENITIES ASSOCIATION

ROSEMARKIE AMENITIES ASSOCIATION - Company Information

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Registered Number SC395184

ROSEMARKIE AMENITIES ASSOCIATION

Abbreviated Accounts

30 September 2015

ROSEMARKIE AMENITIES ASSOCIATION Registered Number SC395184

Abbreviated Balance Sheet as at 30 September 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 3 9,178 9,715
9,178 9,715
Current assets
Stocks 500 500
Debtors 257 246
Cash at bank and in hand 65,980 46,087
66,737 46,833
Creditors: amounts falling due within one year (10,514) (3,964)
Net current assets (liabilities) 56,223 42,869
Total assets less current liabilities 65,401 52,584
Total net assets (liabilities) 65,401 52,584
Reserves
Income and expenditure account 65,401 52,584
Members' funds 65,401 52,584
  • For the year ending 30 September 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 6 May 2016

And signed on their behalf by:
Anne Phillips, Director

ROSEMARKIE AMENITIES ASSOCIATION Registered Number SC395184

Notes to the Abbreviated Accounts for the period ended 30 September 2015

1Accounting Policies

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Fixed assets are stated at their cost prices, less accumulated depreciation and less amounts recognised in respect of impairment.

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment - 25% reducing balance

Other accounting policies
Stock

Stock is valued at the lower of cost and net realisable value.

Going concern

No material uncertainties that cast significant doubt about the ability of the company to continue as a going concern have been identified by the directors.

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

3Tangible fixed assets
£
Cost
At 1 October 2014 15,186
Additions 1,436
Disposals -
Revaluations -
Transfers -
At 30 September 2015 16,622
Depreciation
At 1 October 2014 5,471
Charge for the year 1,973
On disposals -
At 30 September 2015 7,444
Net book values
At 30 September 2015 9,178
At 30 September 2014 9,715