Registered Number SC236016

ABC LEISURE AYR, LTD.

Abbreviated Accounts

31 August 2014

ABC LEISURE AYR, LTD. Registered Number SC236016

Abbreviated Balance Sheet as at 31 August 2014

Notes 2014 2013
£ £
Called up share capital not paid - -
Fixed assets
Tangible assets 2 15,536 15,536
15,536 15,536
Current assets
Stocks - 535
Debtors 2,050 -
Cash at bank and in hand 300 21,995
2,350 22,530
Creditors: amounts falling due within one year (44,391) (46,210)
Net current assets (liabilities) (42,041) (23,680)
Total assets less current liabilities (26,505) (8,144)
Creditors: amounts falling due after more than one year (7,758) (7,758)
Total net assets (liabilities) (34,263) (15,902)
Capital and reserves
Called up share capital 3 2 2
Profit and loss account (34,265) (15,904)
Shareholders' funds (34,263) (15,902)
  • For the year ending 31 August 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 27 May 2015

And signed on their behalf by:
Clive McIndoe, Director

ABC LEISURE AYR, LTD. Registered Number SC236016

Notes to the Abbreviated Accounts for the period ended 31 August 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.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows: fixtures, fitting and equipment - 20% straight line

Other accounting policies
Stock is valued at the lower of cost and net realisable value

2Tangible fixed assets
£
Cost
At 1 September 2013 113,774
Additions -
Disposals -
Revaluations -
Transfers -
At 31 August 2014 113,774
Depreciation
At 1 September 2013 98,238
Charge for the year -
On disposals -
At 31 August 2014 98,238
Net book values
At 31 August 2014 15,536
At 31 August 2013 15,536
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
2 Ordinary shares of £1 each 2 2