Bicester Hunt with Whaddon Chase - Abbreviated accounts 16.3

REGISTERED NUMBER: 04705365

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2016

FOR

BICESTER AND WHADDON CHASE LIMITED

(Limited by Guarantee)

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr P G Wright

Mr C J Hodgson

Mr A Nicholson

Ms A Townsend

Mr O N Cornock

Mr P R Rymer

REGISTERED OFFICE:

The Kennels

Bicester Road

Stratton Audley

Bicester

Oxfordshire

OX27 9BT

REGISTERED NUMBER:

04705365

ACCOUNTANTS:

Haines Watts

Aldbury House,

Dower Mews

108 High Street

Berkhamsted

Hertfordshire

HP4 2BL

FIXED ASSETS

Tangible assets

2

1,469,150

1,466,965

CURRENT ASSETS

Stocks

724

724

Debtors

3,183

2,880

Cash at bank

64,570

88,282

68,477

91,886

CREDITORS

Amounts falling due within one year

17,671

21,768

NET CURRENT ASSETS

50,806

70,118

TOTAL ASSETS LESS CURRENT LIABILITIES

1,519,956

1,537,083

PROVISIONS FOR LIABILITIES

249,988

249,988

NET ASSETS

1,269,968

1,287,095

RESERVES

Income and expenditure account

1,269,968

1,287,095

1,269,968

1,287,095

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 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.

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 27 November 2016 and were signed on its behalf by:

Mr P G Wright - 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).

Tangible fixed assets

Depreciation is provided on all tangible fixed assets, other than freehold land and property upon

which no depreciation is provided, at the following annual rates:

Cups & Trophies - to a nominal value in year of acquisition

Horses & Saddles - to a nominal value in year of acquisition

Motors & Tractors - to a nominal value in year of acquisition

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

1,564,175

Additions

32,685

Disposals

(22,020

)

At 30 April 2016

1,574,840

DEPRECIATION

At 1 May 2015

97,210

Charge for year

30,000

Eliminated on disposal

(21,520

)

At 30 April 2016

105,690

NET BOOK VALUE

At 30 April 2016

1,469,150

At 30 April 2015

1,466,965