Registered Number 08210441
GREAT PRESTON SPORTS AND SOCIAL CLUB LIMITED
Abbreviated Accounts
31 July 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
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Tangible assets | 3 |
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Current assets | |||
Stocks |
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Debtors | 4 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
( |
( |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 5 |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Turnover represents the value , net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittings 25% on a reducing balance basis
Valuation information and policy
Stocks valued at the lower of cost and net realisable value
£ | |
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Cost | |
At 1 August 2014 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 July 2015 |
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Amortisation | |
At 1 August 2014 |
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Charge for the year |
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On disposals |
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At 31 July 2015 |
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Net book values | |
At 31 July 2015 | 65,870 |
At 31 July 2014 | 69,530 |
£ | |
---|---|
Cost | |
At 1 August 2014 |
|
Additions |
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Disposals |
|
Revaluations |
|
Transfers |
|
At 31 July 2015 |
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Depreciation | |
At 1 August 2014 |
|
Charge for the year |
|
On disposals |
|
At 31 July 2015 |
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Net book values | |
At 31 July 2015 | 157,944 |
At 31 July 2014 | 162,344 |
2015
£ |
2014
£ |
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Debtors include the following amounts due after more than one year |
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