Abbreviated Company Accounts - LAMPETER AND DISTRICT MOTOR CLUB LTD

Abbreviated Company Accounts - LAMPETER AND DISTRICT MOTOR CLUB LTD

LAMPETER AND DISTRICT MOTOR CLUB LTD - Company Information

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Registered Number 08866418

LAMPETER AND DISTRICT MOTOR CLUB LTD

Abbreviated Accounts

31 August 2015

LAMPETER AND DISTRICT MOTOR CLUB LTD Registered Number 08866418

Abbreviated Balance Sheet as at 31 August 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 3 375 -
375 -
Current assets
Debtors 3,984 18,012
Cash at bank and in hand 15,994 -
19,978 18,012
Creditors: amounts falling due within one year (553) (712)
Net current assets (liabilities) 19,425 17,300
Total assets less current liabilities 19,800 17,300
Total net assets (liabilities) 19,800 17,300
Reserves
Income and expenditure account 19,800 17,300
Members' funds 19,800 17,300
  • 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 10 November 2015

And signed on their behalf by:
E.J. Jones, Director

LAMPETER AND DISTRICT MOTOR CLUB LTD Registered Number 08866418

Notes to the Abbreviated Accounts for the period ended 31 August 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 the total value, excluding value added tax, of amounts derived from the company's ordinary activities during the year.

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

Plant & Equipment : 25% reducing balance

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

3Tangible fixed assets
£
Cost
At 1 September 2014 0
Additions 500
Disposals -
Revaluations -
Transfers -
At 31 August 2015 500
Depreciation
At 1 September 2014 0
Charge for the year 125
On disposals -
At 31 August 2015 125
Net book values
At 31 August 2015 375
At 31 August 2014 0