Abbreviated Company Accounts - CASA AMIGOS LTD
Abbreviated Company Accounts - CASA AMIGOS LTD
Registered Number 03997147
CASA AMIGOS LTD
Abbreviated Accounts
31 May 2014
CASA AMIGOS LTD Registered Number 03997147
Abbreviated Balance Sheet as at 31 May 2014
Notes | 2014 | 2013 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Cash at bank and in hand |
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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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Provisions for liabilities |
( |
( |
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Total net assets (liabilities) |
( |
( |
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Capital and reserves | |||
Called up share capital | 3 |
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Profit and loss account |
( |
( |
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Shareholders' funds |
( |
( |
For the year ending 31 May 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the Board on
And signed on their behalf by:
CASA AMIGOS LTD Registered Number 03997147
Notes to the Abbreviated Accounts for the period ended 31 May 2014
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
company directors.
Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost of fixed assets, less
their estimated residual value, over their expected useful lives on the following bases:
Fixtures and fittings
15% on reducing balance basis
In the opinion of the directors the market value of the property is in excess of its cost
and therefore no provision for depreciation is necessary.
Other accounting policies
Assets and liabilities in foreign currencies are translated into sterling at the rates of
exchange ruling at the balance sheet date. Transactions in foreign currencies are
translated into sterling at the rate ruling on the date of the transaction. Exchange
differences are taken into account in arriving at the operating profit.
£ | |
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Cost | |
At 1 June 2013 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 May 2014 |
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Depreciation | |
At 1 June 2013 |
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Charge for the year |
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On disposals |
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At 31 May 2014 |
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Net book values | |
At 31 May 2014 | 62,830 |
At 31 May 2013 | 63,299 |