REGISTERED NUMBER: 06312779

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JULY 2016

FOR

ABBEY ROAD ACROBATIC AND TUMBLING

GYMNASTICS CLUB LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs J P Goode

P Blackwell

SECRETARY:

Mrs J P Goode

REGISTERED OFFICE:

Russell House

Abbey Road North

Wrexham Industrial Estate

Wrexham

LL13 9RF

REGISTERED NUMBER:

06312779

ACCOUNTANTS:

Guy Walmsley Limited

Chartered Accountants

3 Grove Road

Wrexham

LL11 1DY

FIXED ASSETS

Tangible assets

2

3,339

4,452

CURRENT ASSETS

Stocks

500

500

Cash at bank

17,675

17,958

18,175

18,458

CREDITORS

Amounts falling due within one year

6,078

6,134

NET CURRENT ASSETS

12,097

12,324

TOTAL ASSETS LESS CURRENT LIABILITIES

15,436

16,776

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

15,336

16,676

SHAREHOLDERS' FUNDS

15,436

16,776

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 24 April 2017 and were signed on its behalf by:

Mrs J P Goode - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

and 31 July 2016

22,042

DEPRECIATION

At 1 August 2015

17,590

Charge for year

1,113

At 31 July 2016

18,703

NET BOOK VALUE

At 31 July 2016

3,339

At 31 July 2015

4,452

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.16

31.7.15

value:

£

£

100

Ordinary

£1

100

100