Company Registration Number 04754484 (England and Wales)
ABERGAVENNY STEAM RALLY COMPANY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016
PAGES FOR FILING WITH REGISTRAR
ABERGAVENNY STEAM RALLY COMPANY LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2016
31 December 2016
- 1 -
2016
2015
£
£
£
£
Current assets
21,622
15,317
Prepayments and accrued income
1,076
125
Creditors: amounts falling due within one year
(9,240)
(7,440)
Net current assets
13,458
8,002
Net assets
13,458
8,002
Capital and reserves
13,458
8,002
Abergavenny Steam Rally Company Limited is a private company limited by shares incorporated in England and Wales. The registered office is Linden House, Monk Street, Abergavenny, Monmouthshire, NP7 5NF.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
For the year ended 31 December 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
T he directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
he directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105: The Financial Reporting Standard applicable to the Micro-entities Regime and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statements were approved by the board of directors and authorised for issue on 25 April 2017 and are signed on its behalf by:
Mr H D Yendoll
Director
Company Registration Number 04754484
ABERGAVENNY STEAM RALLY COMPANY LIMITED
DETAILED TRADING AND PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2016
2016
2015
£
£
£
£
Turnover
Show receipts
69,125
63,849
Cost of sales
Attractions
3,790
2,395
Steamers
6,840
5,155
Coal for steamers
1,802
1,000
Ground costs
684
1,780
Insurance
2,004
2,590
Refreshments and entertaining
1,122
1,203
Marquees
2,180
2,018
Plaques
2,017
2,167
Hire charges
3,202
3,312
Ground control and assistance
1,260
1,260
(24,901)
(22,880)
Gross profit
63.98%
44,224
64.17%
40,969
Administrative expenses
(6,130)
(9,046)
Operating profit
38,094
31,923
Investment revenues
Bank interest received
7
3
7
3
Profit before taxation
55.12%
38,101
50.00%
31,926
ABERGAVENNY STEAM RALLY COMPANY LIMITED
SCHEDULE OF ADMINISTRATIVE EXPENSES
FOR THE YEAR ENDED 31 DECEMBER 2016
2016
2015
£
£
Administrative expenses
National Traction Engineering Fee
120
120
Accountancy
540
540
Charitable donations and sponsorship
1,600
4,178
Bank charges
-
10
Printing, postage and stationery
2,171
2,188
Advertising
1,612
1,997
Sundry expenses
87
13
6,130
9,046