Abbreviated Company Accounts - TIMESHARE AND HOTEL LIMITED

Abbreviated Company Accounts - TIMESHARE AND HOTEL LIMITED

TIMESHARE AND HOTEL LIMITED - Company Information

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Registered Number SC182211

TIMESHARE AND HOTEL LIMITED

Abbreviated Accounts

30 June 2014

TIMESHARE AND HOTEL LIMITED Registered Number SC182211

Abbreviated Balance Sheet as at 30 June 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 2 2
Investments 3 420,622 420,622
420,624 420,624
Current assets
Cash at bank and in hand 123,540 66,477
123,540 66,477
Creditors: amounts falling due within one year (498,170) (434,949)
Net current assets (liabilities) (374,630) (368,472)
Total assets less current liabilities 45,994 52,152
Total net assets (liabilities) 45,994 52,152
Capital and reserves
Called up share capital 10 10
Profit and loss account 45,984 52,142
Shareholders' funds 45,994 52,152
  • For the year ending 30 June 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 24 March 2015

And signed on their behalf by:
J VANCE, Director

TIMESHARE AND HOTEL LIMITED Registered Number SC182211

Notes to the Abbreviated Accounts for the period ended 30 June 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life as follows:
Plant and machinery - 25% on cost.

2Tangible fixed assets
£
Cost
At 1 July 2013 2,285
Additions -
Disposals -
Revaluations -
Transfers -
At 30 June 2014 2,285
Depreciation
At 1 July 2013 2,283
Charge for the year -
On disposals -
At 30 June 2014 2,283
Net book values
At 30 June 2014 2
At 30 June 2013 2

3Fixed assets Investments
The company's investments at the balance sheet date in the share capital of the following companies:

KIlconquhar Castle Estate Limited - 100% of Ordinary Shares
Kilconquhar Land and Estates Limited - 100% of Ordinary shares