Wildehall Bloodstock Limited - Abbreviated accounts 16.1
Wildehall Bloodstock Limited - Abbreviated accounts 16.1
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31 MAY 2015 |
| FOR |
| WILDEHALL BLOODSTOCK LIMITED |
| WILDEHALL BLOODSTOCK LIMITED (REGISTERED NUMBER: 08721748) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31 May 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| WILDEHALL BLOODSTOCK LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 31 May 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| WILDEHALL BLOODSTOCK LIMITED (REGISTERED NUMBER: 08721748) |
| ABBREVIATED BALANCE SHEET |
| 31 May 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors | 3 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| WILDEHALL BLOODSTOCK LIMITED (REGISTERED NUMBER: 08721748) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 May 2015 |
| The financial statements were approved by the Board of Directors on signed on its behalf by: |
| WILDEHALL BLOODSTOCK LIMITED (REGISTERED NUMBER: 08721748) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31 May 2015 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The company is loss making and has net liabilities of £237,103 (2014: £56,277). The |
| company is reliant on the support of the directors, who have indicated their willingness to |
| continue to provide financial support to the company and management. |
| Accounting convention |
| The financial statements 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 prize monies from the racing of horses, excluding VAT. |
| Tangible fixed assets |
| Tangible fixed assets are stated at cost less depreciation. |
| Depreciation is provided at the following annual rates in order to write off the cost less |
| estimated residual value of each asset over its estimated useful life. |
| Racehorses - 25% on cost |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not |
| reversed at the balance sheet date. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 June 2014 |
| Disposals | ( |
) |
| At 31 May 2015 |
| DEPRECIATION |
| At 1 June 2014 |
| Eliminated on disposal | ( |
) |
| At 31 May 2015 |
| NET BOOK VALUE |
| At 31 May 2015 |
| At 31 May 2014 |
| WILDEHALL BLOODSTOCK LIMITED (REGISTERED NUMBER: 08721748) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Year Ended 31 May 2015 |
| 3. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| The aggregate total of debtors falling due after more than one year is £ |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted and issued: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Share capital 1 | 1 |