The Modern Garden Company Limited - Limited company - abbreviated - 11.0.0
The Modern Garden Company Limited - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31ST DECEMBER 2013 |
| FOR |
| THE MODERN GARDEN COMPANY LIMITED |
| THE MODERN GARDEN COMPANY LIMITED (REGISTERED NUMBER: 03874618) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31ST DECEMBER 2013 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| THE MODERN GARDEN COMPANY LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31ST DECEMBER 2013 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| THE MODERN GARDEN COMPANY LIMITED (REGISTERED NUMBER: 03874618) |
| ABBREVIATED BALANCE SHEET |
| 31ST DECEMBER 2013 |
| 2013 | 2012 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Capital redemption reserve |
| Other reserves |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The director acknowledges her 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. |
| THE MODERN GARDEN COMPANY LIMITED (REGISTERED NUMBER: 03874618) |
| ABBREVIATED BALANCE SHEET - continued |
| 31ST DECEMBER 2013 |
| The financial statements were approved by the director on |
| THE MODERN GARDEN COMPANY LIMITED (REGISTERED NUMBER: 03874618) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31ST DECEMBER 2013 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The directors have assessed various factors and risks affecting the company and its ability in these difficult |
| economic times to continue to trade as a going concern. The directors have not identified any material |
| uncertainties or risks related to events or conditions that could affect the carrying values of the company's assets |
| and liabilities as at the balance sheet date and therefore the financial statements for the year ended 31st |
| December 2013 have been prepared using the going concern basis of accounting. |
| 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 net invoiced sales of goods, excluding value added tax. |
| Goodwill |
| Tangible fixed assets |
| Office equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the |
| period of the lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to the profit and loss account in the period to which they relate. |
| Vat accounting |
| THE MODERN GARDEN COMPANY LIMITED (REGISTERED NUMBER: 03874618) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31ST DECEMBER 2013 |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st January 2013 |
| and 31st December 2013 |
| AMORTISATION |
| At 1st January 2013 |
| Amortisation for year |
| At 31st December 2013 |
| NET BOOK VALUE |
| At 31st December 2013 |
| At 31st December 2012 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st January 2013 |
| Additions |
| At 31st December 2013 |
| DEPRECIATION |
| At 1st January 2013 |
| Charge for year |
| At 31st December 2013 |
| NET BOOK VALUE |
| At 31st December 2013 |
| At 31st December 2012 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2013 | 2012 |
| value: | £ | £ |
| Ordinary "D" | £1 |
| 152 | Ordinary "E" | £1 | 152 | 152 |
| 310 | 310 |
| All classes of share rank pari passu. |