Registered Number 09362749
TUNBRIDGE WELLS RUGBY FOOTBALL CLUB LIMITED
Abbreviated Accounts
31 March 2016
Notes | 2016 | ||
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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 | 4 |
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Investments |
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Cash at bank and in hand |
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Prepayments and accrued income |
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Creditors: amounts falling due within one year |
( |
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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
Tangible assets depreciation policy
The fabric of the clubhouse is depreciated over the remaining life of the lease.
Depreciation on fixtures and fittings, after taking account of grants receivable, is provided in order to write off each asset over its estimated useful life which is deemed to be equivalent to the remaining life of the lease.
No depreciation is provided on freehold land.
Valuation information and policy
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items.
Other accounting policies
Deferred income consists of sponsorship income for the year 2016/17 received in advance, grants received in advance relating to a ground drainage project to be undertaken during 2016/17 and grants relating to a clubhouse refurbishment project completed in 2015/16, the capital cost of which was capitalised. The amount of the grants will be amortised in line with the depreciation charged on the assets.
2
Company limited by guarantee
£ | |
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Cost | |
Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 March 2016 |
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Depreciation | |
Charge for the year |
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On disposals |
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At 31 March 2016 |
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Net book values | |
At 31 March 2016 | 659,748 |
2016
£ |
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Debtors include the following amounts due after more than one year |
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