Abbreviated Company Accounts - SPEEDBIRD OFFSHORE YACHT CLUB LIMITED

Abbreviated Company Accounts - SPEEDBIRD OFFSHORE YACHT CLUB LIMITED

SPEEDBIRD OFFSHORE YACHT CLUB LIMITED - Company Information

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Registered Number 05579271

SPEEDBIRD OFFSHORE YACHT CLUB LIMITED

Abbreviated Accounts

31 March 2014

SPEEDBIRD OFFSHORE YACHT CLUB LIMITED Registered Number 05579271

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 3 164,159 176,998
164,159 176,998
Current assets
Cash at bank and in hand 104,334 104,410
104,334 104,410
Prepayments and accrued income 14,427 14,048
Creditors: amounts falling due within one year 4 (11,486) (21,752)
Net current assets (liabilities) 107,275 96,706
Total assets less current liabilities 271,434 273,704
Creditors: amounts falling due after more than one year 4 (50,000) (53,000)
Total net assets (liabilities) 221,434 220,704
Reserves
Other reserves 220,704 210,259
Income and expenditure account 730 10,445
Members' funds 221,434 220,704
  • For the year ending 31 March 2014 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 30 September 2014

And signed on their behalf by:
Russ Jones, Director
Chris Byron, Director

SPEEDBIRD OFFSHORE YACHT CLUB LIMITED Registered Number 05579271

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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 April 2008.

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

3Tangible fixed assets
£
Cost
At 1 April 2013 176,998
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 176,998
Depreciation
At 1 April 2013 -
Charge for the year 12,839
On disposals -
At 31 March 2014 12,839
Net book values
At 31 March 2014 164,159
At 31 March 2013 176,998
4Creditors
2014
£		 2013
£
Secured Debts 11,486 21,752
Non-instalment debts due after 5 years 50,000 53,000