Abbreviated Company Accounts - CARR ROYD PARKS LIMITED

Abbreviated Company Accounts - CARR ROYD PARKS LIMITED

CARR ROYD PARKS LIMITED - Company Information

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Registered Number 01019419

CARR ROYD PARKS LIMITED

Abbreviated Accounts

31 December 2013

CARR ROYD PARKS LIMITED Registered Number 01019419

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 2,122,750 2,072,965
Investments 3 8,010 8,010
2,130,760 2,080,975
Current assets
Stocks 347,230 221,615
Debtors 26,125 36,105
Cash at bank and in hand 511,425 602,078
884,780 859,798
Creditors: amounts falling due within one year (543,261) (486,052)
Net current assets (liabilities) 341,519 373,746
Total assets less current liabilities 2,472,279 2,454,721
Provisions for liabilities (18,819) (7,833)
Total net assets (liabilities) 2,453,460 2,446,888
Capital and reserves
Called up share capital 32,000 32,000
Share premium account 4,500 4,500
Revaluation reserve 922,530 922,530
Other reserves 37,173 37,173
Profit and loss account 1,457,257 1,450,685
Shareholders' funds 2,453,460 2,446,888
  • For the year ending 31 December 2013 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 3 August 2014

And signed on their behalf by:
I M Taylor, Director

CARR ROYD PARKS LIMITED Registered Number 01019419

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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 amounts receivable from pitch fees, goods and services net of VAT

Tangible assets depreciation policy
Tangible fixed assets other than freehold land are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Freehold Not depreciated
Plant and machinery 10-20% on cost
Fixtures, fittings & equipment 10-20% on cost
Motor vehicles 25% on cost

Other accounting policies
Group Accounts
The financial statements present information about the company as an individual undertaking and not about its group. The company and it subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

2Tangible fixed assets
£
Cost
At 1 January 2013 2,278,759
Additions 92,438
Disposals -
Revaluations -
Transfers -
At 31 December 2013 2,371,197
Depreciation
At 1 January 2013 205,794
Charge for the year 42,653
On disposals -
At 31 December 2013 248,447
Net book values
At 31 December 2013 2,122,750
At 31 December 2012 2,072,965

3Fixed assets Investments
Fixed assets investments are stated at cost less provision for diminution in value