Dover Athletic Football Club Limited - Limited company - abbreviated

REGISTERED NUMBER: 01747066 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2014

FOR

DOVER ATHLETIC FOOTBALL CLUB LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

F E D Clarke

C P Oakley

T J Parmenter

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

258,517

272,408

CURRENT ASSETS

Stocks

2,741

5,752

Debtors

10,899

5,693

Cash at bank and in hand

90,592

2,884

104,232

14,329

CREDITORS

Amounts falling due within one year

31,704

47,586

NET CURRENT ASSETS/(LIABILITIES)

72,528

(33,257

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

331,045

239,151

CAPITAL AND RESERVES

Called up share capital

3

1,168,820

1,161,820

Share premium

8,400

Profit and loss account

(846,175

)

(931,069

)

SHAREHOLDERS' FUNDS

331,045

239,151

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2014 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 17 October 2014 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 April 2008).

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.

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 2013

618,415

Additions

6,500

At 31 May 2014

624,915

DEPRECIATION

At 1 June 2013

346,007

Charge for year

20,391

At 31 May 2014

366,398

NET BOOK VALUE

At 31 May 2014

258,517

At 31 May 2013

272,408

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

1,168,820

Ordinary

£1

1,168,820

1,161,820

7,000 Ordinary shares of £1 each were issued at par during the year.

4.	GOING CONCERN

The financial statements have been prepared on a going concern basis. This basis is considered to be appropriate

as the company continues to receive the support of its directors.

Dover Athletic Football Club Limited - Limited company - abbreviated - 11.6

Dover Athletic Football Club Limited - Limited company - abbreviated - 11.6