Abbreviated Company Accounts - SHOWGOLD LIMITED

Abbreviated Company Accounts - SHOWGOLD LIMITED


Registered Number 05367135

SHOWGOLD LIMITED

Abbreviated Accounts

31 December 2013

SHOWGOLD LIMITED Registered Number 05367135

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013 2012
£ £
Current assets
Cash at bank and in hand 6,873 11,116
6,873 11,116
Creditors: amounts falling due within one year (5,211) (13,919)
Net current assets (liabilities) 1,662 (2,803)
Total assets less current liabilities 1,662 (2,803)
Total net assets (liabilities) 1,662 (2,803)
Capital and reserves
Called up share capital 2 100 100
Profit and loss account 1,562 (2,903)
Shareholders' funds 1,662 (2,803)
  • 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 30 September 2014

And signed on their behalf by:
J G Sale, Director

SHOWGOLD LIMITED Registered Number 05367135

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

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents amounts receivable for the provision of event management & consultancy net of VAT

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:

Fixtures, fittings and equipment 33.33% on cost per annum

Other accounting policies
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).

Foreign currency translation
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

2Called Up Share Capital
Allotted, called up and fully paid:
2013
£
2012
£
100 Ordinary shares of £1 each 100 100