Badsey Recreation Club Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 01105659 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 November 2015

for

Badsey Recreation Club Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R Knight

I R Trout

D Gisbourne

R Overton

REGISTERED OFFICE:

Ballards Park

Brewers Lane

Badsey

Evesham

Worcestershire

WR11 7EU

REGISTERED NUMBER:

01105659 (England and Wales)

ACCOUNTANTS:

Attwoods

90-92 High Street

Evesham

Worcestershire

WR11 4EU

FIXED ASSETS

Tangible assets

2

100,853

103,518

CURRENT ASSETS

Stocks

6,119

6,506

Debtors

2,316

4,654

Cash at bank and in hand

8,190

5,018

16,625

16,178

CREDITORS

Amounts falling due within one year

10,975

15,559

NET CURRENT ASSETS

5,650

619

TOTAL ASSETS LESS CURRENT LIABILITIES

106,503

104,137

RESERVES

Other reserves

9,097

9,283

Income and expenditure account

97,406

94,854

106,503

104,137

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 14 March 2016 and were signed on its behalf by:

I R Trout - Director

D Gisbourne - 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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Improvements to property

-

at variable rates on reducing balance

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

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

moving items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2014

241,379

Additions

2,569

At 30 November 2015

243,948

DEPRECIATION

At 1 December 2014

137,861

Charge for year

5,234

At 30 November 2015

143,095

NET BOOK VALUE

At 30 November 2015

100,853

At 30 November 2014

103,518