Abbreviated Company Accounts - BRACCO RIDING SCHOOL LIMITED

Abbreviated Company Accounts - BRACCO RIDING SCHOOL LIMITED


Registered Number SC302887

BRACCO RIDING SCHOOL LIMITED

Abbreviated Accounts

31 March 2015

BRACCO RIDING SCHOOL LIMITED Registered Number SC302887

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 9,964 7,476
9,964 7,476
Current assets
Debtors - 3,300
Cash at bank and in hand 17,935 18,203
17,935 21,503
Creditors: amounts falling due within one year (8,119) (7,021)
Net current assets (liabilities) 9,816 14,482
Total assets less current liabilities 19,780 21,958
Total net assets (liabilities) 19,780 21,958
Capital and reserves
Called up share capital 3 2 2
Profit and loss account 19,778 21,956
Shareholders' funds 19,780 21,958
  • For the year ending 31 March 2015 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 12 October 2015

And signed on their behalf by:
Dawn Shaw, Director

BRACCO RIDING SCHOOL LIMITED Registered Number SC302887

Notes to the Abbreviated Accounts for the period ended 31 March 2015

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 the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Land and buildings - None
Plant and machinery - 25% reducing balance
Fixtures, fittings and equipment - 25% reducing balance
Horses - 15% reducing balance

Other accounting policies
Pensions
The pension costs charged in the financial statements represent the contribution payable by the company during the year.

2Tangible fixed assets
£
Cost
At 1 April 2014 15,743
Additions 5,950
Disposals (2,350)
Revaluations -
Transfers -
At 31 March 2015 19,343
Depreciation
At 1 April 2014 8,267
Charge for the year 1,465
On disposals (353)
At 31 March 2015 9,379
Net book values
At 31 March 2015 9,964
At 31 March 2014 7,476
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
2 Ordinary shares of £1 each 2 2