Bridgend Golf Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08447413 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 15 March 2013 to 31 March 2014

for

Bridgend Golf Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

D Bassett

REGISTERED OFFICE:

Golden Mile Drive

Waterton Cross

Bridgend

CF35 5AS

REGISTERED NUMBER:

08447413 (England and Wales)

ACCOUNTANTS:

Macey Owen Limited

5 Willow Walk

Cowbridge

CF71 7EE

FIXED ASSETS

Tangible assets

2

70,951

CURRENT ASSETS

Stocks

7,500

Debtors

2,485

Cash in hand

590

10,575

CREDITORS

Amounts falling due within one year

(75,725

)

NET CURRENT LIABILITIES

(65,150

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,801

PROVISIONS FOR LIABILITIES

(1,239

)

NET ASSETS

4,562

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

4,560

SHAREHOLDERS' FUNDS

4,562

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 12 December 2014 and were signed by:

D Bassett - 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.

Plant and machinery etc

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

74,818

At 31 March 2014

74,818

DEPRECIATION

Charge for period

3,867

At 31 March 2014

3,867

NET BOOK VALUE

At 31 March 2014

70,951

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary

£1

2

2 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.