| Healing and District Mens Social Club |
| Balance Sheet |
| as at 31 December 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
4 |
|
|
81,762 |
|
|
83,647 |
|
|
|
|
81,762 |
|
|
83,647 |
|
| Current assets |
| Stocks |
|
|
5,250 |
|
|
6,500 |
| Debtors |
5 |
|
- |
|
|
2,331 |
| Cash at bank and in hand |
|
|
33,674 |
|
|
36,826 |
|
|
|
38,924 |
|
|
45,657 |
|
| Creditors: amounts falling due within one year |
6 |
|
(15,273) |
|
|
(17,463) |
|
| Net current assets |
|
|
|
23,651 |
|
|
28,194 |
|
| Total assets less current liabilities |
|
|
|
105,413 |
|
|
111,841 |
|
|
| Net assets |
|
|
|
105,413 |
|
|
111,841 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Revaluation reserve |
|
|
|
124,434 |
|
|
124,434 |
| Profit and loss account |
7 |
|
|
(19,021) |
|
|
(12,593) |
|
| Shareholder's funds |
|
|
|
105,413 |
|
|
111,841 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
|
| Keith Garratt |
| Director |
| Approved by the board on 6 April 2017 |
|
| Healing and District Mens Social Club |
| Notes to the Accounts |
| for the year ended 31 December 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% straight line |
|
Motor vehicles |
25% straight line |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
|
| 2 |
Turnover |
2016 |
|
2015 |
|
|
Turnover attributable to geographical markets outside the UK |
0.0% |
|
0.0% |
|
|
| 3 |
Operating profit |
2016 |
|
2015 |
| £ |
£ |
|
This is stated after charging: |
|
|
Depreciation of owned fixed assets |
1,885 |
|
1,899 |
|
|
|
| 4 |
Tangible fixed assets |
|
|
Land and buildings |
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
£ |
|
Cost |
|
At 1 January 2016 |
90,358 |
|
9,503 |
|
- |
|
99,861 |
|
Additions |
- |
|
- |
|
- |
|
- |
|
Surplus on revaluation |
- |
|
- |
|
- |
|
- |
|
Disposals |
- |
|
- |
|
- |
|
- |
|
At 31 December 2016 |
90,358 |
|
9,503 |
|
- |
|
99,861 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2016 |
7,228 |
|
8,986 |
|
- |
|
16,214 |
|
Charge for the year |
1,807 |
|
78 |
|
- |
|
1,885 |
|
Surplus on revaluation |
- |
|
- |
|
- |
|
- |
|
On disposals |
- |
|
- |
|
- |
|
- |
|
At 31 December 2016 |
9,035 |
|
9,064 |
|
- |
|
18,099 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2016 |
81,323 |
|
439 |
|
- |
|
81,762 |
|
At 31 December 2015 |
83,130 |
|
517 |
|
- |
|
83,647 |
|
|
|
|
|
|
|
|
|
|
|
| 5 |
Debtors |
2016 |
|
2015 |
| £ |
£ |
|
|
Trade debtors |
- |
|
- |
|
Other debtors |
- |
|
2,331 |
|
|
|
|
|
|
- |
|
2,331 |
|
|
|
|
|
|
|
|
|
|
Amounts due after more than one year included above |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2016 |
|
2015 |
| £ |
£ |
|
|
Trade creditors |
7,042 |
|
9,922 |
|
Other taxes and social security costs |
3,876 |
|
3,954 |
|
Other creditors |
4,355 |
|
3,587 |
|
|
|
|
|
|
15,273 |
|
17,463 |
|
|
|
|
|
|
|
|
|
|
|
|
| 7 |
Profit and loss account |
2016 |
| £ |
|
|
At 1 January 2016 |
(12,593) |
|
Prior year adjustments |
- |
|
At 1 January 2016 |
(12,593) |
|
Loss for the year |
(6,428) |
|
Dividends |
- |
|
Transfer to capital redemption reserve |
- |
|
|
At 31 December 2016 |
(19,021) |
|
|
|
|
|
|
|
