Mountain Tours Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05479282 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2014

for

Mountain Tours Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs J A Confortola

SECRETARY:

Mrs J A Confortola

REGISTERED OFFICE:

16c Sandown Road

Lake

Isle of Wight

PO36 9JP

REGISTERED NUMBER:

05479282 (England and Wales)

ACCOUNTANTS:

Allegri & Co.

16c Sandown Road

Lake

Isle of Wight

PO36 9JP

BANKERS:

HSBC

High Street

Crowthorne

Berkshire

RG45 7AD

FIXED ASSETS

Tangible assets

2

1,344

1,776

CURRENT ASSETS

Debtors

2,780

3,502

Cash at bank

45,107

90,746

47,887

94,248

CREDITORS

Amounts falling due within one year

40,326

70,131

NET CURRENT ASSETS

7,561

24,117

TOTAL ASSETS LESS CURRENT LIABILITIES

8,905

25,893

CAPITAL AND RESERVES

Called up share capital

3

10

10

Profit and loss account

8,895

25,883

SHAREHOLDERS' FUNDS

8,905

25,893

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 23 March 2015 and were signed by:

Mrs J A Confortola - 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 services, 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

Foreign currencies

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 of exchange ruling at the date of transaction.

Exchange differences are taken into account in arriving at the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

and 30 June 2014

5,468

DEPRECIATION

At 1 July 2013

3,692

Charge for year

432

At 30 June 2014

4,124

NET BOOK VALUE

At 30 June 2014

1,344

At 30 June 2013

1,776

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.14

30.6.13

value:

£

£

10

Ordinary

£1

10

10