Abbreviated Company Accounts - BANK FARM RIDING SCHOOL LIMITED

Abbreviated Company Accounts - BANK FARM RIDING SCHOOL LIMITED

BANK FARM RIDING SCHOOL LIMITED - Company Information

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Registered Number 04181496

BANK FARM RIDING SCHOOL LIMITED

Abbreviated Accounts

31 March 2015

BANK FARM RIDING SCHOOL LIMITED Registered Number 04181496

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 8,605 10,756
8,605 10,756
Current assets
Stocks 1,355 950
Debtors 420 4,308
Cash at bank and in hand 2,907 1,254
4,682 6,512
Creditors: amounts falling due within one year (13,195) (17,056)
Net current assets (liabilities) (8,513) (10,544)
Total assets less current liabilities 92 212
Total net assets (liabilities) 92 212
Capital and reserves
Called up share capital 2 2
Profit and loss account 90 210
Shareholders' funds 92 212
  • 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 30 December 2015

And signed on their behalf by:
M. L. Anthony, Director

BANK FARM RIDING SCHOOL LIMITED Registered Number 04181496

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 net sales receipts for horse riding and training services supplied excluding Value Added Tax.

Tangible assets depreciation policy
Depreciation is provided at annual rates designed to write off each asset over it's estimated useful life as follows: Equipment and Fixtures - 20% on a reducing balance basis.

2Tangible fixed assets
£
Cost
At 1 April 2014 29,733
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2015 29,733
Depreciation
At 1 April 2014 18,977
Charge for the year 2,151
On disposals -
At 31 March 2015 21,128
Net book values
At 31 March 2015 8,605
At 31 March 2014 10,756