Cyfeillion Croesor - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03567809 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2014

for

Cyfeillion Croesor

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr O T Owen

Mr D Ll Jones

Ms B Dunne

Miss B M Gritten

Mr E Thomos

Mr I Williamson

REGISTERED OFFICE:

Llys Helen

Croesor

Penrhyndeudraeth

Gwynedd

LL48 6SR

REGISTERED NUMBER:

03567809 (England and Wales)

ACCOUNTANTS:

DUNN AND ELLIS

Chartered Accountants

Adeilad St David's Building

Stryd Lombard Street

Porthmadog

Gwynedd

LL49 9AP

FIXED ASSETS

Tangible assets

2

259,345

259,659

CURRENT ASSETS

Cash at bank and in hand

14,320

14,925

CREDITORS

Amounts falling due within one year

10,927

11,426

NET CURRENT ASSETS

3,393

3,499

TOTAL ASSETS LESS CURRENT LIABILITIES

262,738

263,158

CREDITORS

Amounts falling due after more than one year

5,000

5,000

NET ASSETS

257,738

258,158

RESERVES

Income and expenditure account

257,738

258,158

257,738

258,158

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2014 in accordance with Section 476 of the Companies Act 2006.

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 surplus or deficit 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 Board of Directors on 25 March 2015 and were signed on its behalf by:

Mr O T Owen - Director

Mr D Ll Jones - 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.

Land and buildings

-

not provided

Plant and machinery etc

-

20% on reducing balance

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 June 2013

and 31 May 2014

262,332

DEPRECIATION

At 1 June 2013

2,673

Charge for year

314

At 31 May 2014

2,987

NET BOOK VALUE

At 31 May 2014

259,345

At 31 May 2013

259,659