Abbreviated Company Accounts - ROYAL AIR FORCE HALTON AEROPLANE CLUB LIMITED(THE)

ROYAL AIR FORCE HALTON AEROPLANE CLUB LIMITED(THE) - Company Information

01569488 ROYAL AIR FORCE HALTON AEROPLANE CLUB LIMITED(THE) 2015-09-30 false 2014-10-01 2015-09-30 true 01569488 2014-10-01 2015-09-30 01569488 2015-09-30 01569488 2014-09-30 01569488 uk-gaap-cd-bus:Director1 2014-10-01 2015-09-30 01569488 uk-gaap-cd-bus:Director2 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-30 iso4217:GBP shares

Registered Number 01569488

ROYAL AIR FORCE HALTON AEROPLANE CLUB LIMITED(THE)

Abbreviated Accounts

30 September 2015

ROYAL AIR FORCE HALTON AEROPLANE CLUB LIMITED(THE) Registered Number 01569488

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	93,897	89,325
		93,897	89,325
Current assets
Stocks		-	6,750
Debtors		23,511	14,085
Cash at bank and in hand		70,137	86,430
		93,648	107,265
Creditors: amounts falling due within one year		(36,704)	(15,047)
Net current assets (liabilities)		56,944	92,218
Total assets less current liabilities		150,841	181,543
Creditors: amounts falling due after more than one year		(55,215)	(55,215)
Total net assets (liabilities)		95,626	126,328
Capital and reserves
Called up share capital	3	8	8
Other reserves		70,269	64,738
Profit and loss account		25,349	61,582
Shareholders' funds		95,626	126,328

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 19 April 2016

And signed on their behalf by:
ME Howard, Director

ROYAL AIR FORCE HALTON AEROPLANE CLUB LIMITED(THE) Registered Number 01569488

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts for goods and services net of VAT.

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 as follows:
Aircraft and engines 10-25% pa on a reducing balance basis.
Ground equipment , fittings and computers 15-33.3% pa on a reducing balance basis.

2Tangible fixed assets

	£
Cost
At 1 October 2014	307,655
Additions	33,594
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2015	341,249
Depreciation
At 1 October 2014	218,330
Charge for the year	29,022
On disposals	-
At 30 September 2015	247,352
Net book values
At 30 September 2015	93,897
At 30 September 2014	89,325

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
8 Ordinary shares of £1 each	8	8