Registered Number 07862605
MISSION MOTORSPORT
Abbreviated Accounts
28 February 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Intangible assets |
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Tangible assets | 3 |
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Current assets | |||
Stocks |
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Debtors |
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Investments |
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Cash at bank and in hand |
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||
Prepayments and accrued income |
|
|
|
Creditors: amounts falling due within one year |
( |
( |
|
Net current assets (liabilities) |
|
|
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Total assets less current liabilities |
|
|
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Creditors: amounts falling due after more than one year |
|
|
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Provisions for liabilities |
|
|
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Accruals and deferred income |
( |
( |
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Total net assets (liabilities) |
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Reserves | |||
Revaluation reserve |
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Other reserves |
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Income and expenditure account |
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Members' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Plant and Machinery 33.33% on cost
Fixtures and Fittings 33.33% on cost
Motor Vehicles 25.00% on reducing balance
Computer Equipment 33.33% on cost
2
Company limited by guarantee
£ | |
---|---|
Cost | |
At 1 March 2014 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 28 February 2015 |
|
Depreciation | |
At 1 March 2014 |
|
Charge for the year |
|
On disposals |
|
At 28 February 2015 |
|
Net book values | |
At 28 February 2015 | 39,329 |
At 28 February 2014 | 10,552 |