BOREHAMWOOD MEN'S CLUB (1935) LIMITED - Abbreviated accounts 16.1

REGISTERED NUMBER: 00299954 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 May 2016

for

BOREHAMWOOD MEN'S CLUB (1935) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R R Hague

R Sproat

Mrs M Brennan

D S Arnold

M J Ballard

Miss J Brennan

J M Parkins

SECRETARY:

R Sproat

REGISTERED OFFICE:

35 Theobald Street

Borehamwood

Hertfordshire

WD6 4RN

REGISTERED NUMBER:

00299954 (England and Wales)

ACCOUNTANTS:

LYALL YOUNGMAN

2 Place Farm

Wheathampstead

St Albans

Hertfordshire

AL4 8SB

FIXED ASSETS

Tangible assets

2

23,459

26,762

CURRENT ASSETS

Stocks

6,388

6,151

Debtors

133

2,001

Cash at bank and in hand

20,256

11,145

26,777

19,297

CREDITORS

Amounts falling due within one year

6,858

3,489

NET CURRENT ASSETS

19,919

15,808

TOTAL ASSETS LESS CURRENT
LIABILITIES

43,378

42,570

CAPITAL AND RESERVES

Called up share capital

3

1,000

Profit and loss account

42,378

41,570

SHAREHOLDERS' FUNDS

43,378

42,570

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2016 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 profit or loss 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 12 September 2016 and were signed on its behalf
by:

R Sproat - Director

J M Parkins - 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 January 2015).

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.

Freehold property

-

not provided

Fixtures and fittings

-

25% 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

and 31 May 2016

81,627

DEPRECIATION

At 1 June 2015

54,865

Charge for year

3,303

At 31 May 2016

58,168

NET BOOK VALUE

At 31 May 2016

23,459

At 31 May 2015

26,762

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2,000

Ordinary

50p

1,000