Llandovery Rugby Football Club Limited - Abbreviated accounts 16.1
Llandovery Rugby Football Club Limited - Abbreviated accounts 16.1
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 30 JUNE 2016 |
| FOR |
| LLANDOVERY RUGBY FOOTBALL CLUB LIMITED |
| LLANDOVERY RUGBY FOOTBALL CLUB LIMITED (REGISTERED NUMBER: 06790623) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the Year Ended 30 June 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| LLANDOVERY RUGBY FOOTBALL CLUB LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 30 June 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| LLANDOVERY RUGBY FOOTBALL CLUB LIMITED (REGISTERED NUMBER: 06790623) |
| ABBREVIATED BALANCE SHEET |
| 30 June 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| RESERVES |
| Income and expenditure account |
| 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. |
| LLANDOVERY RUGBY FOOTBALL CLUB LIMITED (REGISTERED NUMBER: 06790623) |
| ABBREVIATED BALANCE SHEET - continued |
| 30 June 2016 |
| The financial statements were approved by the Board of Directors on its behalf by: |
| LLANDOVERY RUGBY FOOTBALL CLUB LIMITED (REGISTERED NUMBER: 06790623) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the Year Ended 30 June 2016 |
| 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 various sources of income received and used to maintain the activities of the |
| rugby club. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| 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 July 2015 |
| Additions |
| Disposals | ( |
) |
| At 30 June 2016 |
| DEPRECIATION |
| At 1 July 2015 |
| Charge for year |
| At 30 June 2016 |
| NET BOOK VALUE |
| At 30 June 2016 |
| At 30 June 2015 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 July 2015 |
| and 30 June 2016 | 2 |
| NET BOOK VALUE |
| At 30 June 2016 |
| At 30 June 2015 |
| LLANDOVERY RUGBY FOOTBALL CLUB LIMITED (REGISTERED NUMBER: 06790623) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Year Ended 30 June 2016 |
| 3. | FIXED ASSET INVESTMENTS - continued |
| Investments (neither listed nor unlisted) were as follows: |
| 2016 | 2015 |
| £ | £ |
| WRU Debentures | 48,200 | 48,200 |
| The company's investments at the Balance Sheet date in the share capital of companies include the |
| following: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | (19,586 | ) | 1,161 |
| (Loss)/profit for the year | (20,746 | ) | 578 |
| As at 1 July 2015, Llandovery Rugby Football Club Limited owed Llandovery RFC (Players) Ltd |
| £15,004. During the year this was repaid in full and further advances were made to Llandovery RFC |
| (Players) Ltd leaving a balance owing to Llandovery Rugby Football Club Limited as at 30 June 2016 |
| amounting to £10,519. The directors of the group have decided that the loan will be repaid as funds |
| become available and no interest shall be charged on the outstanding balance. |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 35,633 | 24,960 |
| Profit for the year | 10,674 | 9,713 |
| As at 1 July 2015 Llandovery Rugby Football Club Limited owed Llandovery Caravan & Camping Ltd |
| £13,101. During the year there was a repayment of £200 leaving a balance owing to Llandovery |
| Caravan & Camping Ltd as at 30th June 2016 of £12,901. The directors of the group have decided |
| that the loan will be repaid as funds become available and no interest shall be charged on the |
| outstanding balance. |