Ryedale Bars and Leisure Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06692893 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

FOR

RYEDALE BARS AND LEISURE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S M Atkinson

P C Lee

SECRETARY:

S M Atkinson

REGISTERED OFFICE:

11 Pioneer Avenue

Thornton Road Industrial Estate

Pickering

North Yorkshire

YO18 7JB

REGISTERED NUMBER:

06692893 (England and Wales)

ACCOUNTANTS:

Lloyd Dowson Limited

Medina House

2 Station Avenue

Bridlington

East Yorkshire

YO16 4LZ

FIXED ASSETS

Tangible assets

2

606,046

610,280

CURRENT ASSETS

Stocks

11,421

10,922

Debtors

1,442

744

Cash at bank and in hand

5,575

7,105

18,438

18,771

CREDITORS

Amounts falling due within one year

3

265,301

361,291

NET CURRENT LIABILITIES

(246,863

)

(342,520

)

TOTAL ASSETS LESS CURRENT LIABILITIES

359,183

267,760

CREDITORS

Amounts falling due after more than one year

3

(245,921

)

(191,027

)

PROVISIONS FOR LIABILITIES

(3,259

)

(2,510

)

NET ASSETS

110,003

74,223

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

110,001

74,221

SHAREHOLDERS' FUNDS

110,003

74,223

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 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 2 March 2017 and were signed on its behalf by:

S M Atkinson - Director

P C Lee - 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.

Freehold property

-

2% on cost, excluding land element

Fixtures and fittings

-

20% 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.

Deferred tax

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

653,354

Additions

7,326

At 30 September 2016

660,680

DEPRECIATION

At 1 October 2015

43,074

Charge for year

11,560

At 30 September 2016

54,634

NET BOOK VALUE

At 30 September 2016

606,046

At 30 September 2015

610,280

3.

CREDITORS

Creditors include an amount of £ 267,863 (30.9.15 - £ 197,769 ) for which security has been given.

They also include the following debts falling due in more than five years:

30.9.16

30.9.15

£

£

Repayable by instalments

39,363

48,269

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.16

30.9.15

value:

£

£

2

Ordinary

£1

2

2