Abbreviated Company Accounts - CALDER RUNNING LIMITED

CLARITY ACCOUNTANCY SOLUTIONS LIMITED - Company Information

08072571 CALDER RUNNING LIMITED 2014-07-31 false 2013-08-01 2014-07-31 true 08072571 2013-08-01 2014-07-31 08072571 2014-07-31 08072571 2013-07-31 08072571 uk-gaap-cd-bus:Director1 2013-08-01 2014-07-31 08072571 uk-gaap-cd-bus:Director2 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-31 iso4217:GBP shares

Registered Number 08072571

CALDER RUNNING LIMITED

Abbreviated Accounts

31 July 2014

CALDER RUNNING LIMITED Registered Number 08072571

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,252	1,704
		1,252	1,704
Current assets
Stocks		16,525	14,536
Debtors		678	302
Cash at bank and in hand		-	2,072
		17,203	16,910
Creditors: amounts falling due within one year		(25,018)	(21,349)
Net current assets (liabilities)		(7,815)	(4,439)
Total assets less current liabilities		(6,563)	(2,735)
Provisions for liabilities		(341)	(341)
Total net assets (liabilities)		(6,904)	(3,076)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(7,004)	(3,176)
Shareholders' funds		(6,904)	(3,076)

For the year ending 31 July 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 13 April 2015

And signed on their behalf by:
A P Irving, Director

CALDER RUNNING LIMITED Registered Number 08072571

Notes to the Abbreviated Accounts for the period ended 31 July 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 represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Computer equipment 33.3% straight line
Fixtures, fittings & equipment 20% straight line

Valuation information and policy
Stock

Stocks are valued at the lower of cost and net realisable value, after making allowances for obsolete and slow moving items.

Other accounting policies
Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2Tangible fixed assets

	£
Cost
At 1 August 2013	2,160
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	2,160
Depreciation
At 1 August 2013	456
Charge for the year	452
On disposals	-
At 31 July 2014	908
Net book values
At 31 July 2014	1,252
At 31 July 2013	1,704

3Called Up Share Capital
Allotted, called up and fully paid:

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