SLCT Leisure Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06577004 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2016

for

SLCT Leisure Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs L H Grover

Mrs D E Winterbourne

REGISTERED OFFICE:

6 Caleta Close

Caversham

Reading

Berks

RG4 5BW

REGISTERED NUMBER:

06577004 (England and Wales)

ACCOUNTANTS:

ATB Accounting Limited

Chartered Accountants

850 Oxford Road

Reading

RG30 1EL

FIXED ASSETS

Intangible assets

2

3,733

5,225

Tangible assets

3

24,345

33,709

28,078

38,934

CURRENT ASSETS

Cash in hand

338

2,782

CREDITORS

Amounts falling due within one year

135,558

131,051

NET CURRENT LIABILITIES

(135,220

)

(128,269

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(107,142

)

(89,335

)

CREDITORS

Amounts falling due after more than one
year

905

2,800

NET LIABILITIES

(108,047

)

(92,135

)

CAPITAL AND RESERVES

Called up share capital

4

1

Profit and loss account

(108,048

)

(92,136

)

SHAREHOLDERS' FUNDS

(108,047

)

(92,135

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 14 March 2017 and were signed on its behalf by:

Mrs L H Grover - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

10% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on cost

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.

Fundamental uncertainties

The company meets its day to day working capital requirements partially through the support of its creditors.

The directors have considered the projected cash flow information for the company during the foreseeable post

year-end period. On the basis of this cash flow information and discussions with the company's creditors, the

directors consider that the company will continue to operate within the available finance facilities. On this basis

the directors consider it appropriate to prepare the financial statements on the going concern basis. The financial

statements do not include any adjustments that would result from a withdrawal of the support of the company's

creditors.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

and 30 June 2016

14,924

AMORTISATION

At 1 July 2015

9,699

Amortisation for year

1,492

At 30 June 2016

11,191

NET BOOK VALUE

At 30 June 2016

3,733

At 30 June 2015

5,225

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

108,003

Additions

195

At 30 June 2016

108,198

DEPRECIATION

At 1 July 2015

74,294

Charge for year

9,559

At 30 June 2016

83,853

NET BOOK VALUE

At 30 June 2016

24,345

At 30 June 2015

33,709

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

1

Ordinary

£1

1