Abbreviated Company Accounts - FENNCRAFT LIMITED

Registered Number 02681636

FENNCRAFT LIMITED

Abbreviated Accounts

31 December 2013

FENNCRAFT LIMITED Registered Number 02681636

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	335,832	339,443
		335,832	339,443
Current assets
Cash at bank and in hand		5,896	1,357
		5,896	1,357
Creditors: amounts falling due within one year	3	(48,399)	(25,509)
Net current assets (liabilities)		(42,503)	(24,152)
Total assets less current liabilities		293,329	315,291
Creditors: amounts falling due after more than one year	3	(45,939)	(55,315)
Total net assets (liabilities)		247,390	259,976
Capital and reserves
Called up share capital		501	501
Share premium account		501	501
Profit and loss account		246,388	258,974
Shareholders' funds		247,390	259,976

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 8 September 2014

And signed on their behalf by:
A L CAMPBELL, Director

FENNCRAFT LIMITED Registered Number 02681636

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.

Turnover policy
Turnover represents rents receivable.

Tangible assets depreciation policy
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Freehold 2% straight line

2Tangible fixed assets

	£
Cost
At 1 January 2013	361,109
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	361,109
Depreciation
At 1 January 2013	21,666
Charge for the year	3,611
On disposals	-
At 31 December 2013	25,277
Net book values
At 31 December 2013	335,832
At 31 December 2012	339,443

3Creditors

	2013 £	2012 £
Secured Debts	54,539	63,115
Instalment debts due after 5 years	11,539	24,115