

			Company registration number:08389317






		ASFORDBY FOOTBALL CLUB LIMITED

			ABBREVIATED FINANCIAL STATEMENTS

			FOR THE YEAR ENDED 30 June 2016



ASFORDBY FOOTBALL CLUB LIMITED

BALANCE SHEET

AS AT 30 June 2016

		2016		2015
	Notes	£	£	£	£

FIXED ASSETS
Tangible assets	2		70		2,968

			70		2,968

CURRENT ASSETS
Debtors		984		1,398
Cash at bank and in hand		14,326		7,627

		15,310		9,025

CREDITORS
Amounts falling due within one year		(17,781)		(19,277)

NET CURRENT ASSETS			(2,471)		(10,252)

TOTAL ASSETS LESS
CURRENT LIABILITIES			(2,401)		(7,284)



NET ASSETS			(2,401)		(7,284)



CAPITAL AND RESERVES
Profit and loss account			(2,401)		(7,284)

ACCUMULATED FUNDS			(2,401)		(7,284)



For the year ending 30 June 2016 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 the accounts.


These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.




..........................................................................
D E Shelley

29 March 2017
The annexed notes form part of these financial statements.

ASFORDBY FOOTBALL CLUB LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2016

Accounting policies

Basis of preparing the financial statements

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

The turnover shown in the profit and loss account represents amounts invoiced during the year.

Fixed assets

Tangible fixed assets are stated at cost less depreciation. 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 bases:

Short term leases 33% straight line basis Computer equipment 33% straight line basis

Deferred taxation

Deferred tax assets and liabilities have arisen from timing differences between the recognition of gains and losses in the financial statements and their recognition in a tax computation. Full provision is made for all liabilities, and provision is made for assets to the extent that they are considered more likely than not to be recoverable in the foreseeable future. Provision is made using tax rates that are expected to apply in the periods in which the timing differences are expected to reverse based upon rates enacted at the balance sheet date.



2.	Tangible fixed assets

		Total

	Cost
	At start of period	8,694
	At end of period	8,694

	Depreciation
	At start of period	5,726
	Provided during the period	2,898
	At end of period	8,624

	Net Book Value
	At start of period	2,968
	At end of period	70