Adventure Peru Motorcycling Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04999027 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2013

FOR

ADVENTURE PERU MOTORCYCLING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

D E Groves

SECRETARY:

D E Groves

REGISTERED OFFICE:

8b Lonsdale Gardens

Tunbridge Wells

Kent

TN1 1NU

REGISTERED NUMBER:

04999027 (England and Wales)

FIXED ASSETS

Tangible assets

2

15,718

20,956

CURRENT ASSETS

Stocks

500

500

Debtors

4,227

-

4,727

500

CREDITORS

Amounts falling due within one year

19,217

30,132

NET CURRENT LIABILITIES

(14,490

)

(29,632

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,228

(8,676

)

CREDITORS

Amounts falling due after more than one year

3

27,029

9,439

NET LIABILITIES

(25,801

)

(18,115

)

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

(25,901

)

(18,215

)

SHAREHOLDERS' FUNDS

(25,801

)

(18,115

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 9 February 2015 and were signed by:

D E Groves - 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 April 2008).

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.

Plant and machinery etc

-

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 January 2013

and 31 December 2013

67,768

DEPRECIATION

At 1 January 2013

46,812

Charge for year

5,238

At 31 December 2013

52,050

NET BOOK VALUE

At 31 December 2013

15,718

At 31 December 2012

20,956

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

31.12.13

31.12.12

£

£

Repayable by instalments

10,674

-

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

100

Ordinary

£1

100

100

5.	RELATED PARTY DISCLOSURES

D E Groves

Director and shareholder

The director owned all the issued shares throughout the period.

31.12.13

31.12.12

£

£

Amount due to related party at the balance sheet date

582

13,373