Goole Tennis Centre Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 03112571 (England and Wales)

GOOLE TENNIS CENTRE LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

S R Turnbull

REGISTERED OFFICE:

Westfield Banks Complex

Westfield Lane

GOOLE

East Yorkshire

DN14 5PW

REGISTERED NUMBER:

03112571 (England and Wales)

ACCOUNTANTS:

P A Woffenden & Co

Accountants and Tax Advisers

Framework House

1 Church Lane

Snaith

GOOLE

East Yorkshire

DN14 9HN

FIXED ASSETS

Tangible assets

2

162,568

151,930

CURRENT ASSETS

Stocks

500

Cash at bank and in hand

62,725

2,578

63,225

3,078

CREDITORS

Amounts falling due within one year

9,961

9,005

NET CURRENT ASSETS/(LIABILITIES)

53,264

(5,927

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

215,832

146,003

CREDITORS

Amounts falling due after more than one year

(12,791

)

(19,768

)

ACCRUALS AND DEFERRED INCOME

(2,857

)

(5,714

)

NET ASSETS

200,184

120,521

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

200,183

120,520

SHAREHOLDERS' FUNDS

200,184

120,521

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 1 November 2016 and were signed by:

S R Turnbull - 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.

Land and buildings

-

Straight line over 99 years

Plant and machinery etc

-

25% on reducing balance and at variable rates 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.

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.

Grants

Grants relating to tangible fixed assets are treated as deferred income and released to the profit and loss account

over the expected useful lives of the assets concerned. Other grants are credited to the profit and loss account as

the related expenditure is incurred.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

190,695

Additions

16,992

At 30 April 2016

207,687

DEPRECIATION

At 1 May 2015

38,765

Charge for year

6,354

At 30 April 2016

45,119

NET BOOK VALUE

At 30 April 2016

162,568

At 30 April 2015

151,930

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

Ordinary

£1

1