Goole Tennis Centre Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 03112571 (England and Wales)

GOOLE TENNIS CENTRE LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S R Turnbull

T Pattle

REGISTERED OFFICE:

Westfield Banks Complex

Westfield Lane

GOOLE

East Yorkshire

DN14 5PW

REGISTERED NUMBER:

03112571 (England and Wales)

ACCOUNTANTS:

P A Woffenden & Co

Accountants and Tax Advisers

Framework House

1 Church Lane

Snaith

GOOLE

East Yorkshire

DN14 9HN

FIXED ASSETS

Tangible assets

2

154,108

155,758

CURRENT ASSETS

Stocks

500

500

Cash at bank and in hand

6,691

14,132

7,191

14,632

CREDITORS

Amounts falling due within one year

8,674

8,241

NET CURRENT (LIABILITIES)/ASSETS

(1,483

)

6,391

TOTAL ASSETS LESS CURRENT LIABILITIES

152,625

162,149

CREDITORS

Amounts falling due after more than one year

(26,744

)

(33,721

)

ACCRUALS AND DEFERRED INCOME

(12,571

)

(19,428

)

NET ASSETS

113,310

109,000

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

113,309

108,999

SHAREHOLDERS' FUNDS

113,310

109,000

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 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 7 October 2014 and were signed on its behalf by:

S R Turnbull - Director

T Pattle - 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 April 2008).

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.

Land and buildings

-

Straight line over 99 years

Plant and machinery etc

-

25% on reducing balance and at variable rates 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Grants

Grants relating to tangible fixed assets are treated as deferred income and released to the profit and loss account

over the expected useful lives of the assets concerned. Other grants are credited to the profit and loss account as

the related expenditure is incurred.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

190,070

Additions

625

At 30 April 2014

190,695

DEPRECIATION

At 1 May 2013

34,312

Charge for year

2,275

At 30 April 2014

36,587

NET BOOK VALUE

At 30 April 2014

154,108

At 30 April 2013

155,758

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Ordinary

£1

1

1