Dover Athletic Football Club Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 01747066 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2016

FOR

DOVER ATHLETIC FOOTBALL CLUB LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

T J Parmenter

C P Oakley

F E D Clarke

S A Rutherford

N A Cook

S J Parmenter

M R Jaenicke

SECRETARY:

F E D Clarke

REGISTERED OFFICE:

Crabble Athletic Ground

Lewisham Road

River

DOVER

Kent

CT17 0PA

REGISTERED NUMBER:

01747066 (England and Wales)

ACCOUNTANTS:

McCabe Ford Williams

Chartered Accountants

Charlton House

Dour Street

DOVER

Kent

CT16 1BL

FIXED ASSETS

Tangible assets

2

267,635

266,678

CURRENT ASSETS

Stocks

5,646

5,884

Debtors

20,146

10,860

Cash at bank and in hand

51,966

203,993

77,758

220,737

CREDITORS

Amounts falling due within one year

143,497

44,355

NET CURRENT (LIABILITIES)/ASSETS

(65,739

)

176,382

TOTAL ASSETS LESS CURRENT LIABILITIES

201,896

443,060

CAPITAL AND RESERVES

Called up share capital

3

1,240,825

1,200,825

Share premium

8,400

8,400

Profit and loss account

(1,047,329

)

(766,165

)

SHAREHOLDERS' FUNDS

201,896

443,060

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 21 October 2016 and were signed on its behalf by:

T J Parmenter - 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 the total income of the Club including only the profit element of lottery and gaming promotions. The

proceeds, prizes and expenses of lotteries are included only in respect of those lotteries which have closing or draw dates

falling within the accounting period. Income from ground advertising, promotions and season tickets is recognised in the

playing season to which it relates.

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

-

Over the period of the lease

Plant & machinery

-

15% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Stocks are estimated by the directors at the lower of cost and net realisable value.

Deferred tax

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are

charged to the profit and loss account in the period to which they relate.

Grants receivable

The cost of the acquisition of fixed assets is reduced by the amount of related grants receivable, in accordance with

Statement of Standard Accounting Practice number 4.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

654,147

Additions

21,683

At 31 May 2016

675,830

DEPRECIATION

At 1 June 2015

387,469

Charge for year

20,726

At 31 May 2016

408,195

NET BOOK VALUE

At 31 May 2016

267,635

At 31 May 2015

266,678

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

1,240,825

Ordinary

£1

1,240,825

1,200,825

40,000 Ordinary shares of £1 each were issued at par during the year.

4.	GOING CONCERN