The Gundog Club Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05836640 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2016

FOR

THE GUNDOG CLUB LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

P J Mattinson

S Austwick

SECRETARY:

P J Mattinson

REGISTERED OFFICE:

The Granary

Hones Yard

1 Waverley Lane

Farnham

Surrey

GU9 8BB

REGISTERED NUMBER:

05836640 (England and Wales)

ACCOUNTANTS:

Maxwell & Co

The Granary

Hones Yard

1 Waverley Lane

Farnham

Surrey

GU9 8BB

FIXED ASSETS

Tangible assets

2

56

84

CURRENT ASSETS

Stocks

673

-

Debtors

1,157

2,039

Cash at bank

2,350

3,245

4,180

5,284

CREDITORS

Amounts falling due within one year

4,971

3,797

NET CURRENT (LIABILITIES)/ASSETS

(791

)

1,487

TOTAL ASSETS LESS CURRENT LIABILITIES

(735

)

1,571

CREDITORS

Amounts falling due after more than one year

4,340

4,340

NET LIABILITIES

(5,075

)

(2,769

)

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

(5,077

)

(2,771

)

SHAREHOLDERS' FUNDS

(5,075

)

(2,769

)

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 23 March 2017 and were signed on its behalf by:

P J Mattinson - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on a going concern basis as the directors continue to provide the

company with financial support.

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 publications and services related to Gundog Training.

Tangible fixed assets

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

Computer equipment

-

33% 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

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

and 30 June 2016

2,135

DEPRECIATION

At 1 July 2015

2,051

Charge for year

28

At 30 June 2016

2,079

NET BOOK VALUE

At 30 June 2016

56

At 30 June 2015

84

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

2

Ordinary

£1

2

2

4.	ULTIMATE PARENT COMPANY

The Gundog Trust is regarded by the directors as being the company's ultimate parent company.

5.	RELATED PARTY DISCLOSURES

6.	GOING CONCERN

The financial statements have been prepared on a going concern basis as the directors continue to provide

financial support to the company and in giving this assurance they have considered a period exceeding twelve

months. Accordingly the directors do not intend to withdraw their loan from the company within the next

twelve months.