2012-11-01
true
false
Private Limited Company
03726426
2013-10-31
03726426
2012-11-01
2013-10-31
03726426
2012-10-31
03726426
2011-11-01
2012-10-31
03726426
uk-bus:Director1
2012-11-01
2013-10-31
03726426
uk-bus:OrdinaryShareClass1
2013-10-31
iso4217:GBP
For the year ended 31 October 2013
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 03726426
2
Countryman Fairs Limited
For the year ended 31 October 2013
1
Balance Sheet
2 to 3
Notes to the Abbreviated Financial Statements
3
| Abbreviated Balance Sheet |
Countryman Fairs Limited
2013
2012
2
250,000
250,000
3
232,422
231,954
482,422
481,954
4
192,178
186,561
112,503
104,911
299,064
297,089
| Creditors: amounts falling due within one year |
(244,343)
(262,857)
52,746
36,207
Net current assets
| Total assets less current liabilities |
518,629
534,700
| Creditors: amounts falling due after more than one year |
(457,681)
(439,127)
79,502
Net assets
77,019
10,000
5
10,000
69,502
67,019
79,502
77,019
Shareholders funds
| For the year ended 31 October 2013 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. |
| Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476, |
| 2) 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. |
| Date approved by the board: 30 June 2014 |
| Anthony Grahame Scutt Director |
| Signed on behalf of the board of directors |
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4
| Notes to the Abbreviated Financial Statements |
Countryman Fairs Limited
For the year ended 31 October 2013
| The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
| The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities. |
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
| Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the |
| estimated expected useful economic life of the goodwill of 0 years. |
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
| No depreciation is provided on the company's freehold properties since in the opinion of the directors the expected |
| useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation |
| would be immaterial. The directors undertake an annual impairment review of these properties. |
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
2 of 3
5
| Notes to the Abbreviated Financial Statements |
Countryman Fairs Limited
For the year ended 31 October 2013
| 2 Intangible fixed assets |
250,000
250,000
250,000
250,000
308,815
1,419
310,234
76,861
951
Charge for year
77,812
232,422
231,954
| Debtors include an amount of £151727 (2012: £2459) falling due after more than one year |
| 10,000 £1 Ordinary shares of £1.00 each |
| Allotted called up and fully paid |
2013
2012
| 10,000 £1 Ordinary shares of £1.00 each |
10,000
10,000
10,000
10,000
3 of 3
