Abbreviated Company Accounts - ACRES OF FUN LIMITED

ACRES OF FUN LIMITED - Company Information

04700672 ACRES OF FUN LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 04700672 2014-04-01 2015-03-31 04700672 2015-03-31 04700672 2014-03-31 04700672 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 04700672 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-03-31 iso4217:GBP shares

Registered Number 04700672

ACRES OF FUN LIMITED

Abbreviated Accounts

31 March 2015

ACRES OF FUN LIMITED Registered Number 04700672

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	408,416	375,457
		408,416	375,457
Current assets
Debtors		253,623	265,754
Cash at bank and in hand		815,778	617,105
		1,069,401	882,859
Creditors: amounts falling due within one year		(556,947)	(189,398)
Net current assets (liabilities)		512,454	693,461
Total assets less current liabilities		920,870	1,068,918
Creditors: amounts falling due after more than one year		(61,076)	(81,437)
Provisions for liabilities		(5,857)	(5,769)
Total net assets (liabilities)		853,937	981,712
Capital and reserves
Called up share capital	3	81,000	81,000
Profit and loss account		772,937	900,712
Shareholders' funds		853,937	981,712

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 17 December 2015

And signed on their behalf by:
N J Walters, Director

ACRES OF FUN LIMITED Registered Number 04700672

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 value of goods and services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Short leasehold land & buildings 10% straight line
Plant and machinery 20% - 33% reducing balance

Other accounting policies
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

2Tangible fixed assets

	£
Cost
At 1 April 2014	738,773
Additions	87,638
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	826,411
Depreciation
At 1 April 2014	363,316
Charge for the year	54,679
On disposals	-
At 31 March 2015	417,995
Net book values
At 31 March 2015	408,416
At 31 March 2014	375,457

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
41,000 Ordinary shares of £1 each	41,000	41,000
40,000 B Ordinary shares of £1 each	40,000	40,000