Abbreviated Company Accounts - LINCOLN ROWING CENTRE LIMITED

Abbreviated Company Accounts - LINCOLN ROWING CENTRE LIMITED

LINCOLN ROWING CENTRE LIMITED - Company Information

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Registered Number 06980780

LINCOLN ROWING CENTRE LIMITED

Abbreviated Accounts

31 December 2013

LINCOLN ROWING CENTRE LIMITED Registered Number 06980780

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 3 28,390 21,590
28,390 21,590
Current assets
Debtors 195 -
Cash at bank and in hand 29,426 25,114
29,621 25,114
Creditors: amounts falling due within one year (1,041) (4,174)
Net current assets (liabilities) 28,580 20,940
Total assets less current liabilities 56,970 42,530
Creditors: amounts falling due after more than one year (13,000) (14,000)
Total net assets (liabilities) 43,970 28,530
Reserves
Income and expenditure account 43,970 28,530
Members' funds 43,970 28,530
  • For the year ending 31 December 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 20 March 2014

And signed on their behalf by:
TB Margetts, Director
N Cleary, Director

LINCOLN ROWING CENTRE LIMITED Registered Number 06980780

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

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets
£
Cost
At 1 January 2013 33,519
Additions 9,658
Disposals (1,000)
Revaluations -
Transfers -
At 31 December 2013 42,177
Depreciation
At 1 January 2013 11,929
Charge for the year 2,258
On disposals (400)
At 31 December 2013 13,787
Net book values
At 31 December 2013 28,390
At 31 December 2012 21,590

Tangible assets also include grants of £44,092 (plus associated depreciation, charges etc.)