Abbreviated Company Accounts - SHEFFIELD RUGBY UNION FOOTBALL CLUB LIMITED

SHEFFIELD RUGBY UNION FOOTBALL CLUB LIMITED - Company Information

Registered Number 04311165

SHEFFIELD RUGBY UNION FOOTBALL CLUB LIMITED

Abbreviated Accounts

31 August 2016

SHEFFIELD RUGBY UNION FOOTBALL CLUB LIMITED Registered Number 04311165

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	3	13,605	10,658
		13,605	10,658
Current assets
Stocks		-	4,600
Debtors		5,381	-
Cash at bank and in hand		35,501	6,061
		40,882	10,661
Creditors: amounts falling due within one year		(42,156)	(7,814)
Net current assets (liabilities)		(1,274)	2,847
Total assets less current liabilities		12,331	13,505
Total net assets (liabilities)		12,331	13,505
Reserves
Income and expenditure account		12,331	13,505
Members' funds		12,331	13,505

For the year ending 31 August 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 25 May 2017

And signed on their behalf by:
A Rapinet, Director

SHEFFIELD RUGBY UNION FOOTBALL CLUB LIMITED Registered Number 04311165

Notes to the Abbreviated Accounts for the period ended 31 August 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents the amounts receivable for goods and services net of vat and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over is expected useful life as follows;

Plant and machinery - straight line over 3 to 10 years

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets

	£
Cost
At 1 September 2015	60,867
Additions	5,695
Disposals	(1,500)
Revaluations	-
Transfers	-
At 31 August 2016	65,062
Depreciation
At 1 September 2015	50,209
Charge for the year	1,248
On disposals	-
At 31 August 2016	51,457
Net book values
At 31 August 2016	13,605
At 31 August 2015	10,658