Abbreviated Company Accounts - ATTINGTON SPORT HORSES LTD

ATTINGTON SPORT HORSES LTD - Company Information

04243228 ATTINGTON SPORT HORSES LTD 2015-06-30 false 2014-07-01 2015-06-30 true 04243228 2014-07-01 2015-06-30 04243228 2015-06-30 04243228 2014-06-30 04243228 uk-gaap-cd-bus:Director1 2014-07-01 2015-06-30 04243228 uk-gaap-cd-bus:Director2 2014-07-01 2015-06-30 uk-gaap-cd-bus:Director3 2014-07-01 2015-06-30 uk-gaap-cd-bus:Director3 2015-06-30 uk-gaap-cd-bus:Director3 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 iso4217:GBP shares

Registered Number 04243228

ATTINGTON SPORT HORSES LTD

Abbreviated Accounts

30 June 2015

ATTINGTON SPORT HORSES LTD Registered Number 04243228

Abbreviated Balance Sheet as at 30 June 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	205,440	254,543
		205,440	254,543
Current assets
Debtors		6,612	4,732
Cash at bank and in hand		27,114	21,110
		33,726	25,842
Prepayments and accrued income		65,302	67,801
Creditors: amounts falling due within one year		(17,710)	(5,359)
Net current assets (liabilities)		81,318	88,284
Total assets less current liabilities		286,758	342,827
Creditors: amounts falling due after more than one year		(805,260)	(729,041)
Total net assets (liabilities)		(518,502)	(386,214)
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		(518,503)	(386,215)
Shareholders' funds		(518,502)	(386,214)

For the year ending 30 June 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 6 November 2015

And signed on their behalf by:
K Jarvey, Director

ATTINGTON SPORT HORSES LTD Registered Number 04243228

Notes to the Abbreviated Accounts for the period ended 30 June 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.

The company has made losses during the year and as a result has negative reserves. The director has pledged her continued support to the company. As a result the accounts have been prepared on a going concern basis.

Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Turnover policy
Turnover represents the invoiced value of goods and services supplied by the company.

Tangible assets depreciation policy
Tangible fixed assets 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 - 15% reducing balance
Plant and machinery - 25% reducing balance
Motor vehicles - 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 July 2014	319,098
Additions	1,877
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2015	320,975
Depreciation
At 1 July 2014	64,555
Charge for the year	50,980
On disposals	-
At 30 June 2015	115,535
Net book values
At 30 June 2015	205,440
At 30 June 2014	254,543

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

	2015 £	2014 £
1 Ordinary share of £1 each	1	1

4Transactions with directors

Name of director receiving advance or credit:	K Jarvey
Description of the transaction:	Director's loan account to the Company
Balance at 1 July 2014:	£ 729,041
Advances or credits made:	£ 120,951
Advances or credits repaid:	£ 44,732
Balance at 30 June 2015:	£ 805,260

During the year the director, K Jarvey, invested £120,951 into the company against which was credited costs of £44,732. At the balance sheet date £805,260 remains due to the director as is included within creditors due outside one year.