Abbreviated Company Accounts - BRISTOL ACADEMY WOMEN'S FOOTBALL CLUB LIMITED

BRISTOL ACADEMY WOMEN'S FOOTBALL CLUB LIMITED - Company Information

Registered Number 07371746

BRISTOL ACADEMY WOMEN'S FOOTBALL CLUB LIMITED

Abbreviated Accounts

31 December 2015

BRISTOL ACADEMY WOMEN'S FOOTBALL CLUB LIMITED Registered Number 07371746

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	3	1,294	-
		1,294	-
Current assets
Debtors		44,499	40,899
Cash at bank and in hand		19,966	10,119
		64,465	51,018
Creditors: amounts falling due within one year		(69,944)	-
Net current assets (liabilities)		(5,479)	51,018
Total assets less current liabilities		(4,185)	51,018
Creditors: amounts falling due after more than one year		(61,741)	(107,391)
Total net assets (liabilities)		(65,926)	(56,373)
Reserves
Income and expenditure account		(65,926)	(56,373)
Members' funds		(65,926)	(56,373)

For the year ending 31 December 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 August 2016

And signed on their behalf by:
Simon Arnold, Director

BRISTOL ACADEMY WOMEN'S FOOTBALL CLUB LIMITED Registered Number 07371746

Notes to the Abbreviated Accounts for the period ended 31 December 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 is shown net of value added tax. Gate and other events day revenue is recognised over
the football season as game are played and events staged. Sponsorship and other commercial
income is recognised over the duration of the respective agreements. Other income is recognised
when earned.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over thier estimated useful lives:
Fixtures and Fittings 33% Straight Line

Other accounting policies
Deferred tax:
Deferred tax is recognised in respect of all timing differences that have originated but not
reversed at the balance sheet date.

Deferred income:
Deferred income which is included in creditors, represents income from sponsorship agreements
which will be credited to profit and loss account over the period of the agreements.

Going Concern:
The accounts have been drawn up on a going concern basis on the assumption that South
Gloucestershire and Stroud college, who at the year end was owed £61,471 (2014: £73,728) will
not seek repayment until the company is in a position to do this.

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

3Tangible fixed assets

	£
Cost
At 1 January 2015	0
Additions	1,941
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	1,941
Depreciation
At 1 January 2015	0
Charge for the year	647
On disposals	-
At 31 December 2015	647
Net book values
At 31 December 2015	1,294
At 31 December 2014	0