REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Abbreviated Unaudited Accounts for the Year Ended 31 October 2014 |
|
for |
|
The Bankers Club Limited |
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Abbreviated Unaudited Accounts for the Year Ended 31 October 2014 |
|
for |
|
The Bankers Club Limited |
The Bankers Club Limited (Registered number: 08237341) |
|
|
|
|
|
|
Contents of the Abbreviated Accounts |
for the Year Ended 31 October 2014 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Abbreviated Balance Sheet | 2 |
|
Notes to the Abbreviated Accounts | 3 |
The Bankers Club Limited |
|
Company Information |
for the Year Ended 31 October 2014 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Chartered Certified Accountants |
& Registered Auditors |
|
|
|
|
The Bankers Club Limited (Registered number: 08237341) |
|
Abbreviated Balance Sheet |
31 October 2014 |
|
31.10.14 | 31.10.13 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
|
|
|
CURRENT ASSETS |
Stocks |
|
|
Debtors |
|
|
Cash in hand |
|
|
|
|
CREDITORS |
Amounts falling due within one year |
|
|
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT
LIABILITIES |
( |
) |
( |
) |
|
CAPITAL AND RESERVES |
Called up share capital | 3 |
|
|
Profit and loss account | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
|
|
|
|
|
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 financial statements were approved by the Board of Directors on
by: |
|
|
|
|
|
|
|
|
|
|
The Bankers Club Limited (Registered number: 08237341) |
|
Notes to the Abbreviated Accounts |
for the Year Ended 31 October 2014 |
|
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 April 2008). |
|
Turnover |
Turnover represents net invoiced sales of goods, excluding value added tax. |
|
Tangible fixed assets |
|
|
Plant and machinery etc | - |
|
|
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 provided in full on timing differences which result in an obligation at the balance sheet date |
to pay more tax, or a right to pay less tax, at a future date, at rates expected to apply when they crystallise, |
based on current tax rates and law. Timing differences arise from the inclusion of items of income and |
expenditure in taxation computations in periods different from those in which they are included in the |
financial statements. |
|
Deferred tax assets are recognised to the extent that it is regarded as more likely than not that they will be |
recovered. Deferred tax assets and liabilities are not discounted. |
|
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over |
the period of the lease. |
|
Going concern |
The financial statements have been prepared on the going concern basis which assumes that the company |
will continue in operational existence for the foreseeable future (see note 11). |
|
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 November 2013 |
|
Additions |
|
At 31 October 2014 |
|
DEPRECIATION |
At 1 November 2013 |
|
Charge for year |
|
At 31 October 2014 |
|
NET BOOK VALUE |
At 31 October 2014 |
|
At 31 October 2013 |
|
|
3. | CALLED UP SHARE CAPITAL |
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.10.14 | 31.10.13 |
value: | £ | £ |
|
Ordinary shares | £1 |
|
|
The Bankers Club Limited (Registered number: 08237341) |
|
Notes to the Abbreviated Accounts - continued |
for the Year Ended 31 October 2014 |
|
4. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
|
At 31 October 2014, other creditors include the following amounts due to directors:- |
|
Mr S Morajaria | £40,735 | £42,373 |
Mr J V Gorania | £63,306 | £50,056 |
|
The loan are interest free and repayable on demand. |
|
5. | GOING CONCERN |
|
The company's liabilities exceed the assets by £75,645. The directors' anticipates that the company will |
continue to meet its day to day working capital requirements through existing relationship with the creditors. |