Abbreviated Company Accounts - WINTON LODGE LIMITED

WINTON LODGE LIMITED - Company Information

06491716 WINTON LODGE LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 06491716 2013-04-01 2014-03-31 06491716 2014-03-31 06491716 2013-03-31 06491716 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 06491716 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 06491716

WINTON LODGE LIMITED

Abbreviated Accounts

31 March 2014

WINTON LODGE LIMITED Registered Number 06491716

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	-	150,000
Tangible assets	3	185,839	202,725
		185,839	352,725
Current assets
Stocks		-	15,060
Debtors		1,121	3,285
Cash at bank and in hand		265,770	18,036
		266,891	36,381
Creditors: amounts falling due within one year		(142,073)	(159,830)
Net current assets (liabilities)		124,818	(123,449)
Total assets less current liabilities		310,657	229,276
Total net assets (liabilities)		310,657	229,276
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		310,557	229,176
Shareholders' funds		310,657	229,276

For the year ending 31 March 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 3 July 2014

And signed on their behalf by:
M Lomax, Director

WINTON LODGE LIMITED Registered Number 06491716

Notes to the Abbreviated Accounts for the period ended 31 March 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.

Turnover policy
Turnover comprises revenue recognised by the company in respect of veterinary services supplied during the year, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is not charged on freehold land. Depreciation on other tangible fixed assets is provided at rates calculated to write off the cost of those assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold property - over 50 years
Equipment - 10-25% straight line

Intangible assets amortisation policy
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the identifiable assets and liabilities. It is amortised to the Profit and loss account over its estimated economic life.

Amortisation is provided at the following rates:

Goodwill - 10 years straight line

2Intangible fixed assets

	£
Cost
At 1 April 2013	300,000
Additions	-
Disposals	(300,000)
Revaluations	-
Transfers	-
At 31 March 2014	0
Amortisation
At 1 April 2013	150,000
Charge for the year	30,000
On disposals	(180,000)
At 31 March 2014	0
Net book values
At 31 March 2014	0
At 31 March 2013	150,000

3Tangible fixed assets

	£
Cost
At 1 April 2013	241,165
Additions	-
Disposals	(41,975)
Revaluations	-
Transfers	-
At 31 March 2014	199,190
Depreciation
At 1 April 2013	38,440
Charge for the year	7,610
On disposals	(32,699)
At 31 March 2014	13,351
Net book values
At 31 March 2014	185,839
At 31 March 2013	202,725

Included in land and buildings is land at cost of £85,000 (2013 - £85,000) which is not depreciated.

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100