MARSH UNITED BOWLING CLUB LTD,Ltd - Accounts

MARSH UNITED BOWLING CLUB LIMITED(THE) - Company Information

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MARSH UNITED BOWLING CLUB LTD

For the year ended 30 September 2016

Unaudited Abbreviated Report and Financial Statements

England and Wales

Registered Number: 00079244

Contents Page

MARSH UNITED BOWLING CLUB LTD

For the year ended 30 September 2016

Balance Sheet

Notes to the Abbreviated Financial Statements

Abbreviated Balance Sheet

MARSH UNITED BOWLING CLUB LTD

As at 30 September 2016

00079244

Registered Number :

2016

2015

Fixed assets

Tangible assets

120,484

Current assets

Stocks

3,178

3,248

Cash at bank and in hand

24,012

19,008

27,260

22,186

Creditors: amounts falling due within one year

(735)

(919)

21,451

26,341

Net current assets

Total assets less current liabilities

146,825

141,935

146,825

Net assets

141,935

Capital and reserves

Called up share capital

1,000

Profit and loss account

145,825

140,935

146,825

141,935

Shareholders funds

For the year ended 30 September 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;

2) The director acknowledges his 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.

Date approved by the board: 29 January 2017

David Howard Director

Signed on behalf of the board of directors

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Notes to the Abbreviated Financial Statements

MARSH UNITED BOWLING CLUB LTD

For the year ended 30 September 2016

1 Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

No depreciation is provided on the company's freehold properties since in the opinion of the directors the expected

useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation

would be immaterial. The directors undertake an annual impairment review of these properties.

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2 Tangible fixed assets

Tangible fixed

assets

Cost or valuation

120,484

At 01 October 2015

At 30 September 2016

120,484

Net book values

At 30 September 2016

120,484

At 30 September 2015

Allotted called up and fully paid

2016

2015

1,000 Class A shares of £1.00 each

1,000

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