Abbreviated Company Accounts - THE WELLINGTON ARMS LTD

THE WELLINGTON ARMS LTD - Company Information

06421831 THE WELLINGTON ARMS LTD 2013-11-30 false 2012-12-01 2013-11-30 true 06421831 2012-12-01 2013-11-30 06421831 2013-11-30 06421831 2012-11-30 06421831 uk-gaap-cd-bus:Director1 2012-12-01 2013-11-30 06421831 uk-gaap-cd-bus:Director2 2012-12-01 2013-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-01 2013-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-11-30 iso4217:GBP shares

Registered Number 06421831

THE WELLINGTON ARMS LTD

Abbreviated Accounts

30 November 2013

THE WELLINGTON ARMS LTD Registered Number 06421831

Abbreviated Balance Sheet as at 30 November 2013

	Notes	2013	2012
		£	£
Fixed assets
Intangible assets	2	939,878	887,238
		939,878	887,238
Current assets
Stocks		20,000	10,705
Debtors		9,596	2,133
Cash at bank and in hand		2,013	15,343
		31,609	28,181
Creditors: amounts falling due within one year		(437,524)	(322,649)
Net current assets (liabilities)		(405,915)	(294,468)
Total assets less current liabilities		533,963	592,770
Creditors: amounts falling due after more than one year		(407,260)	(443,339)
Provisions for liabilities		(16,488)	-
Total net assets (liabilities)		110,215	149,431
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		110,115	149,331
Shareholders' funds		110,215	149,431

For the year ending 30 November 2013 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 29 August 2014

And signed on their behalf by:
J S King, Director
S R Page, Director

THE WELLINGTON ARMS LTD Registered Number 06421831

Notes to the Abbreviated Accounts for the period ended 30 November 2013

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 from the sale of food and beverages in the public house and restaurant including tips and gratuities, and B&B accommodation, net of VAT.

Tangible assets depreciation policy
Tangible fixed assets other than freehold land 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:

Freehold land and buildings - 2% straight line, per annum on buildings.
Short leasehold - Over the length of the lease, being 10 years.
Fixtures, fittings & equipment - 25% reducing balance, per annum.

2Intangible fixed assets

	£
Cost
At 1 December 2012	1,024,165
Additions	102,936
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2013	1,127,101
Amortisation
At 1 December 2012	136,927
Charge for the year	50,296
On disposals	-
At 30 November 2013	187,223
Net book values
At 30 November 2013	939,878
At 30 November 2012	887,238

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

	2013 £	2012 £
100 Ordinary shares of £1 each	100	100