Abbreviated Company Accounts - CARR ROYD PARKS LIMITED

CARR ROYD PARKS LIMITED - Company Information

Registered Number 01019419

CARR ROYD PARKS LIMITED

Abbreviated Accounts

31 December 2015

CARR ROYD PARKS LIMITED Registered Number 01019419

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	2,520,490	2,490,070
Investments	3	8,010	8,010
		2,528,500	2,498,080
Current assets
Stocks		196,519	237,701
Debtors		10,795	3,898
Cash at bank and in hand		350,759	401,428
		558,073	643,027
Creditors: amounts falling due within one year		(645,053)	(623,381)
Net current assets (liabilities)		(86,980)	19,646
Total assets less current liabilities		2,441,520	2,517,726
Provisions for liabilities		(84,948)	(89,634)
Total net assets (liabilities)		2,356,572	2,428,092
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		1,360,369	1,431,889
Shareholders' funds		2,356,572	2,428,092

For the year ending 31 December 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 9 August 2016

And signed on their behalf by:
S Taylor, Director

CARR ROYD PARKS LIMITED Registered Number 01019419

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

Turnover policy
Turnover represents amounts receivable for pitch fees, goods and services net of VAT

Tangible assets depreciation policy
Tangible fixed assets other than freehold land 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 Freehold Not depreciated
Plant and machinery 10-20% on cost
Fixtures, fittings and 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 its undertaking comprise a small size 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 2015	2,748,551
Additions	112,128
Disposals	(1,800)
Revaluations	-
Transfers	-
At 31 December 2015	2,858,879
Depreciation
At 1 January 2015	258,481
Charge for the year	81,706
On disposals	(1,798)
At 31 December 2015	338,389
Net book values
At 31 December 2015	2,520,490
At 31 December 2014	2,490,070

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