Abbreviated Company Accounts - WATH SPORTS & SOCIAL CLUB LIMITED

WATH SPORTS & SOCIAL CLUB LIMITED - Company Information

Registered Number 08384581

WATH SPORTS & SOCIAL CLUB LIMITED

Abbreviated Accounts

28 February 2016

WATH SPORTS & SOCIAL CLUB LIMITED Registered Number 08384581

Abbreviated Balance Sheet as at 28 February 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	3,350	3,100
		3,350	3,100
Current assets
Stocks		2,900	2,490
Debtors		180	-
Cash at bank and in hand		42,208	3,350
		45,288	5,840
Creditors: amounts falling due within one year		(40,019)	(7,271)
Net current assets (liabilities)		5,269	(1,431)
Total assets less current liabilities		8,619	1,669
Total net assets (liabilities)		8,619	1,669
Capital and reserves
Called up share capital		100	100
Profit and loss account		8,519	1,569
Shareholders' funds		8,619	1,669

For the year ending 28 February 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 10 May 2016

And signed on their behalf by:
Mr G Crowther, Director

WATH SPORTS & SOCIAL CLUB LIMITED Registered Number 08384581

Notes to the Abbreviated Accounts for the period ended 28 February 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.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery - 15% Reducing Balance

2Tangible fixed assets

	£
Cost
At 1 March 2015	4,000
Additions	840
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2016	4,840
Depreciation
At 1 March 2015	900
Charge for the year	590
On disposals	-
At 28 February 2016	1,490
Net book values
At 28 February 2016	3,350
At 28 February 2015	3,100