Abbreviated Company Accounts - SPEEDBIRD OFFSHORE YACHT CLUB LIMITED

Abbreviated Company Accounts - SPEEDBIRD OFFSHORE YACHT CLUB LIMITED

SPEEDBIRD OFFSHORE YACHT CLUB LIMITED - Company Information

Print Friendly Version

Registered Number 05579271

SPEEDBIRD OFFSHORE YACHT CLUB LIMITED

Abbreviated Accounts

31 March 2016

SPEEDBIRD OFFSHORE YACHT CLUB LIMITED Registered Number 05579271

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 3 140,252 147,359
140,252 147,359
Current assets
Cash at bank and in hand 129,270 126,237
129,270 126,237
Prepayments and accrued income 15,622 13,654
Creditors: amounts falling due within one year 4 (1,268) (5,912)
Net current assets (liabilities) 143,624 133,979
Total assets less current liabilities 283,876 281,338
Creditors: amounts falling due after more than one year 4 (47,000) (47,000)
Total net assets (liabilities) 236,876 234,338
Reserves
Revaluation reserve - 0
Other reserves 234,438 221,433
Income and expenditure account 2,438 12,905
Members' funds 236,876 234,338
  • For the year ending 31 March 2016 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 21 October 2016

And signed on their behalf by:
Andrew Williams, Director
Melanie Calvert, Director

SPEEDBIRD OFFSHORE YACHT CLUB LIMITED Registered Number 05579271

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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.

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

3Tangible fixed assets
£
Cost
At 1 April 2015 254,433
Additions 10,741
Disposals 0
Revaluations 0
Transfers 0
At 31 March 2016 265,174
Depreciation
At 1 April 2015 107,074
Charge for the year 17,848
On disposals -
At 31 March 2016 124,922
Net book values
At 31 March 2016 140,252
At 31 March 2015 147,359
4Creditors
2016
£		 2015
£
Secured Debts 48,268 52,912
Instalment debts due after 5 years 0 0
Non-instalment debts due after 5 years 0 0