Denver Light Railway Ltd - Period Ending 2015-03-31

Denver Light Railway Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2015
 

Denver Light Railway Ltd
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Denver Light Railway Ltd
(Registration number: 08963833)
Abbreviated Balance Sheet at 31 March 2015

		Note			2015 £
Fixed assets
Tangible fixed assets					19,130
Creditors: Amounts falling due within one year					(39,222)
Total assets less current liabilities					(20,092)
Creditors: Amounts falling due after more than one year					(500)
Net liabilities					(20,592)
Capital and reserves
Profit and loss account					(20,592)
Shareholders' deficit					(20,592)

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 director acknowledges his 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 director on 29 June 2015

.........................................
Mr Andrew Mark Walton
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Denver Light Railway Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
Additions		22,507			22,507
At 31 March 2015		22,507			22,507
Depreciation
Charge for the year		3,377			3,377
At 31 March 2015		3,377			3,377
Net book value
At 31 March 2015		19,130			19,130

Page 2

Denver Light Railway Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2015
		No.			£
Ordinary of £1 each		1			1

Page 3