| Bristol Short Story Prize Limited |
| Registered number: |
06625768 |
| Abbreviated Balance Sheet |
| as at 30 June 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
2 |
|
|
2 |
|
| Current assets |
| Stocks |
|
|
1,637 |
|
|
1,220 |
| Debtors |
|
|
210 |
|
|
257 |
| Cash at bank and in hand |
|
|
4,201 |
|
|
4,191 |
|
|
|
6,048 |
|
|
5,668 |
|
| Creditors: amounts falling due within one year |
|
|
(7,978) |
|
|
(7,296) |
|
| #NAME? |
|
|
|
(1,930) |
|
|
(1,628) |
|
| #NAME? |
|
|
|
(1,928) |
|
|
(1,626) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
105 |
|
|
105 |
| Profit and loss account |
|
|
|
(2,033) |
|
|
(1,731) |
|
| Shareholders' funds |
|
|
|
(1,928) |
|
|
(1,626) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| J Melia |
| Director |
| Approved by the board on 27 March 2015 |
|
| Bristol Short Story Prize Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 30 June 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Office equipment |
33% straight line |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 July 2013 |
573 |
|
At 30 June 2014 |
573 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 July 2013 |
571 |
|
At 30 June 2014 |
571 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2014 |
2 |
|
At 30 June 2013 |
2 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
105 |
|
105 |
|
105 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Basis of preparing the financial statements |
|
|
The financial statements have been prepared on a going concern basis, the applicability of which |
|
is dependant upon the continued support of the director. At the balance sheet date, the |
|
company's liabilities exceeded its assets by £ 1,928 (2013 : £ 1,626). In the opinion of the |
|
directors, the company has the support of its creditors and financiers for the foreseeable future |
|
and it is therefore appropriate to adopt the going concern policy. |
