Wizard Amusements Limited - Limited company - abbreviated - 11.0.0

Wizard Amusements Limited - Limited company - abbreviated - 11.0.0

WIZARD AMUSEMENTS LIMITED - Company Information

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REGISTERED NUMBER: 03198505 (England and Wales)


















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST DECEMBER 2013

FOR

WIZARD AMUSEMENTS LIMITED

WIZARD AMUSEMENTS LIMITED (REGISTERED NUMBER: 03198505)






CONTENTS OF THE ABBREVIATED ACCOUNTS
for the Year Ended 31st December 2013




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

WIZARD AMUSEMENTS LIMITED

COMPANY INFORMATION
for the Year Ended 31st December 2013







DIRECTOR: K E Berry





SECRETARY: R T Cruse





REGISTERED OFFICE: Miles Place
Off Villiers Avenue
Surbiton
Surrey
KT5 8BJ





REGISTERED NUMBER: 03198505 (England and Wales)





ACCOUNTANTS: P.G. Draper
91 Fieldcommon Lane
Walton on Thames
Surrey
KT12 3QN
Page 1
WIZARD AMUSEMENTS LIMITED (REGISTERED NUMBER: 03198505)

ABBREVIATED BALANCE SHEET
31st December 2013

2013 2012
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 - -
Tangible assets 3 118,515 107,888
118,515 107,888

CURRENT ASSETS
Debtors 10,015 13,959
Cash at bank and in hand 17,257 16,768
27,272 30,727
CREDITORS
Amounts falling due within one year 42,808 38,987
NET CURRENT LIABILITIES (15,536 ) (8,260 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
102,979
99,628

CAPITAL AND RESERVES
Called up share capital 4 1,000 1,000
Profit and loss account 101,979 98,628
SHAREHOLDERS' FUNDS 102,979 99,628

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 4th March 2014 and were signed by:





K E Berry - Director


The notes form part of these abbreviated accounts

Page 2
WIZARD AMUSEMENTS LIMITED (REGISTERED NUMBER: 03198505)

NOTES TO THE ABBREVIATED ACCOUNTS
for the Year Ended 31st December 2013

1. ACCOUNTING POLICIES

Accounting convention
The financial statements 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 net invoiced sales of goods, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 1997, is being amortised evenly over its estimated useful life of one years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - at variable rates on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Machines for hire are depreciated to reduce the net book value to market value at the balance sheet date.


Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1st January 2013
and 31st December 2013 4,063
AMORTISATION
At 1st January 2013
and 31st December 2013 4,063
NET BOOK VALUE

At 31st December 2013 -
At 31st December 2012 -

Page 3 continued...
WIZARD AMUSEMENTS LIMITED (REGISTERED NUMBER: 03198505)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the Year Ended 31st December 2013

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1st January 2013 403,911
Additions 50,365
Disposals (77,976 )
At 31st December 2013 376,300
DEPRECIATION
At 1st January 2013 296,023
Charge for year 25,291
Eliminated on disposal (63,529 )
At 31st December 2013 257,785
NET BOOK VALUE
At 31st December 2013 118,515
At 31st December 2012 107,888

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2013 2012
value: £    £   
1,000 Ordinary 1000 1,000 1,000

5. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year, the company occupied premises owned by K E Berry, a director and major shareholder. The
rent paid was £30,000, (2012 £30,000) which the director considers to be a fair market rent.

Page 4