Cardiff & Vale Sports Ltd
|
For the year ended 31 May 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 07495219
Cardiff & Vale Sports Ltd
For the year ended 31 May 2015
1
Accountants' Report
2
Balance Sheet
3
Notes to the Abbreviated Financial Statements
Accountants' Report
For the year ended 31 May 2015
Cardiff & Vale Sports Ltd
As described on the balance sheet you are responsible for the preparation of the financial statements for the year
|
ended
31
May
2015
and you consider that the company is exempt from an audit under the Companies Act
2006
.
|
In accordance with your instructions
,
we have compiled these unaudited financial statements in order to assist you
|
to fulfil your statutory responsibilities
,
from the accounting records and information and explanations supplied to us
.
|
williams lester accountants ltd
3 Cwrt Y Parc
Earlswood Road
Llanishen
Cardiff
CF14 5GH
1 of 3
Abbreviated Balance Sheet
|
Cardiff & Vale Sports Ltd
2015
2014
2
1,642
2,189
1,642
2,189
-
418
-
3,400
418
3,400
Creditors
:
amounts falling due within one year
|
(1,673)
2
1,727
420
Net current assets
Total assets less current liabilities
|
2,062
3,916
2,062
Net assets
3,916
2
3
2
2,059
3,914
2,061
3,916
Shareholders funds
For the year ended 31 May 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
|
Directors 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 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.
|
Date approved by the board: 28 January 2016
|
Signed on behalf of the board of directors
|
2 of 3
Notes to the Abbreviated Financial Statements
|
For the year ended 31 May 2015
Cardiff & Vale Sports Ltd
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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:
|
Plant and Machinery
Computer Equipment
4,015
4,015
1,826
547
Charge for year
2,373
1,642
2,189
Allotted called up and fully paid
|
2015
2014
2
Class A shares of £
1
.
00
each
|
2
2
2
2
3 of 3