Abbreviated Company Accounts - BARROW FARM RIDING FOR THE DISABLED LIMITED

Abbreviated Company Accounts - BARROW FARM RIDING FOR THE DISABLED LIMITED

BARROW FARM RIDING FOR THE DISABLED LIMITED - Company Information

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Registered Number 07413930

BARROW FARM RIDING FOR THE DISABLED LIMITED

Abbreviated Accounts

31 December 2014

BARROW FARM RIDING FOR THE DISABLED LIMITED Registered Number 07413930

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 3 165,865 118,436
165,865 118,436
Current assets
Stocks 1,466 1,280
Debtors 4,128 3,094
Investments - -
Cash at bank and in hand 52,954 59,103
58,548 63,477
Creditors: amounts falling due within one year (6,992) (5,952)
Net current assets (liabilities) 51,556 57,525
Total assets less current liabilities 217,421 175,961
Total net assets (liabilities) 217,421 175,961
Reserves
Other reserves 79,197 23,623
Income and expenditure account 138,224 152,338
Members' funds 217,421 175,961
  • For the year ending 31 December 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 10 July 2015

And signed on their behalf by:
James Kearney, Director
Gll Philpott, Director

BARROW FARM RIDING FOR THE DISABLED LIMITED Registered Number 07413930

Notes to the Abbreviated Accounts for the period ended 31 December 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
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy.

Tangible assets depreciation policy
Depreciation of tangible fixed assets is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold improvements - 5% & 10% straight line
Plant & machinery - 5% & 10% straight line
Horses - on a straight line basis over their working livestaken to be until age 20.
Equipment - 5% & 20% straight line
Fixtures and fittings - 10% straight line

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

3Tangible fixed assets
£
Cost
At 1 January 2014 150,866
Additions 79,259
Disposals (18,178)
Revaluations -
Transfers -
At 31 December 2014 211,947
Depreciation
At 1 January 2014 32,430
Charge for the year 13,652
On disposals -
At 31 December 2014 46,082
Net book values
At 31 December 2014 165,865
At 31 December 2013 118,436