Registered Number 04785581

6880 BETTON GRANGE (SOCIETY) LIMITED

Abbreviated Accounts

30 June 2015

6880 BETTON GRANGE (SOCIETY) LIMITED Registered Number 04785581

Abbreviated Balance Sheet as at 30 June 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 3 430,888 374,342
430,888 374,342
Current assets
Stocks 5,000 5,000
Debtors 27,717 10,592
Cash at bank and in hand 44,412 32,759
77,129 48,351
Creditors: amounts falling due within one year (11,160) (8,176)
Net current assets (liabilities) 65,969 40,175
Total assets less current liabilities 496,857 414,517
Total net assets (liabilities) 496,857 414,517
Reserves
Income and expenditure account 496,857 414,517
Members' funds 496,857 414,517
  • For the year ending 30 June 2015 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 15 March 2016

And signed on their behalf by:
Mr Q D McGuinness, Director

6880 BETTON GRANGE (SOCIETY) LIMITED Registered Number 04785581

Notes to the Abbreviated Accounts for the period ended 30 June 2015

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, the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Marquee & Container - 25% on reducing balance
Equipment - 25% on reducing balance

The trustees consider the assets each year in terms of impairment. Should any impairment arise this will be charged to the statement of financial activities in the year it occurs. Generally the trustees believe that assets appreciate in value and therefore no policy of depreciation is applied in order to show a true and fair view.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets
£
Cost
At 1 July 2014 388,973
Additions 58,110
Disposals -
Revaluations -
Transfers -
At 30 June 2015 447,083
Depreciation
At 1 July 2014 14,631
Charge for the year 1,564
On disposals -
At 30 June 2015 16,195
Net book values
At 30 June 2015 430,888
At 30 June 2014 374,342