Abbreviated Company Accounts - CARR ROYD PARKS LIMITED

Abbreviated Company Accounts - CARR ROYD PARKS LIMITED

CARR ROYD PARKS LIMITED - Company Information

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Registered Number 01019419

CARR ROYD PARKS LIMITED

Abbreviated Accounts

31 December 2014

CARR ROYD PARKS LIMITED Registered Number 01019419

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 2,490,070 2,122,750
Investments 3 8,010 8,010
2,498,080 2,130,760
Current assets
Stocks 237,701 347,230
Debtors 3,898 26,125
Cash at bank and in hand 401,428 511,425
643,027 884,780
Creditors: amounts falling due within one year (623,381) (543,261)
Net current assets (liabilities) 19,646 341,519
Total assets less current liabilities 2,517,726 2,472,279
Provisions for liabilities (89,634) (18,819)
Total net assets (liabilities) 2,428,092 2,453,460
Capital and reserves
Called up share capital 32,000 32,000
Share premium account 4,500 4,500
Revaluation reserve 922,530 922,530
Other reserves 37,173 37,173
Profit and loss account 1,431,889 1,457,257
Shareholders' funds 2,428,092 2,453,460
  • 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 13 August 2015

And signed on their behalf by:
S Taylor, Director

CARR ROYD PARKS LIMITED Registered Number 01019419

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
Turnover represents amounts receivable for pitch fees, goods and services net of VAT

Tangible assets depreciation policy
Tangible fixed assets other then freehold land are states at cost less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less estimated residual value of each asset over its expected useful life, as follows:
Land and buildings Freehold Not depreciated
Plant and machinery 10-20% on cost
Fixtures, fittings and equipment 10-20% on cost
Motor Vehicles 25% on cost

Other accounting policies
Group Accounts
The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts

2Tangible fixed assets
£
Cost
At 1 January 2014 2,371,197
Additions 465,072
Disposals (87,719)
Revaluations -
Transfers -
At 31 December 2014 2,748,550
Depreciation
At 1 January 2014 248,447
Charge for the year 76,833
On disposals (66,800)
At 31 December 2014 258,480
Net book values
At 31 December 2014 2,490,070
At 31 December 2013 2,122,750

3Fixed assets Investments
Fixed asset investments are stated at cost less provision for diminution in value