Abbreviated Company Accounts - RAS RYNGWLADOL YR WYDDFA INTERNATIONAL SNOWDON RACE

Abbreviated Company Accounts - RAS RYNGWLADOL YR WYDDFA INTERNATIONAL SNOWDON RACE


Registered Number 07645592

RAS RYNGWLADOL YR WYDDFA INTERNATIONAL SNOWDON RACE

Abbreviated Accounts

31 March 2016

RAS RYNGWLADOL YR WYDDFA INTERNATIONAL SNOWDON RACE Registered Number 07645592

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 3 2,366 2,530
2,366 2,530
Current assets
Cash at bank and in hand 12,755 10,481
12,755 10,481
Creditors: amounts falling due within one year (600) (600)
Net current assets (liabilities) 12,155 9,881
Total assets less current liabilities 14,521 12,411
Total net assets (liabilities) 14,521 12,411
Reserves
Income and expenditure account 14,521 12,411
Members' funds 14,521 12,411
  • 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 8 July 2016

And signed on their behalf by:
T Edwards, Director

RAS RYNGWLADOL YR WYDDFA INTERNATIONAL SNOWDON RACE Registered Number 07645592

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 January 2015.

Turnover policy
Turnover represents the total sales made during the year and derives from the provision of services falling within the company's ordinary activities including grants and donations received.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings and equipment - 25% straight line

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

3Tangible fixed assets
£
Cost
At 1 April 2015 3,528
Additions 957
Disposals -
Revaluations -
Transfers -
At 31 March 2016 4,485
Depreciation
At 1 April 2015 998
Charge for the year 1,121
On disposals -
At 31 March 2016 2,119
Net book values
At 31 March 2016 2,366
At 31 March 2015 2,530