Abbreviated Company Accounts - STRATHEARN SPORT HORSES LIMITED

STRATHEARN SPORT HORSES LIMITED - Company Information

SC229906 STRATHEARN SPORT HORSES LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true SC229906 2013-01-01 2013-12-31 SC229906 2013-12-31 SC229906 2012-12-31 SC229906 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 SC229906 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:Director3 2013-01-01 2013-12-31 uk-gaap-cd-bus:Director3 2013-12-31 uk-gaap-cd-bus:Director3 2012-12-31 uk-gaap-cd-bus:Director4 2013-01-01 2013-12-31 uk-gaap-cd-bus:Director4 2013-12-31 uk-gaap-cd-bus:Director4 2012-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number SC229906

STRATHEARN SPORT HORSES LIMITED

Abbreviated Accounts

31 December 2013

STRATHEARN SPORT HORSES LIMITED Registered Number SC229906

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	19,614	26,153
		19,614	26,153
Current assets
Stocks		31,700	34,250
Debtors		6,213	4,394
Cash at bank and in hand		17,041	25,963
		54,954	64,607
Creditors: amounts falling due within one year		(70,744)	(79,662)
Net current assets (liabilities)		(15,790)	(15,055)
Total assets less current liabilities		3,824	11,098
Total net assets (liabilities)		3,824	11,098
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		3,724	10,998
Shareholders' funds		3,824	11,098

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 25 September 2014

And signed on their behalf by:
Mrs S A A Houlden, Director

STRATHEARN SPORT HORSES LIMITED Registered Number SC229906

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 the value of sale of goods to customers, net of discounts, allowances, volume and promotional rebates and excludes VAT. Sales of goods are recognised when the company has delivered products to the customer, the customer has accepted the products and the collectability of the related receivable is reasonably assured.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Plant and machinery - 20% reducing balance basis.

2Tangible fixed assets

	£
Cost
At 1 January 2013	66,223
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	66,223
Depreciation
At 1 January 2013	40,070
Charge for the year	6,539
On disposals	-
At 31 December 2013	46,609
Net book values
At 31 December 2013	19,614
At 31 December 2012	26,153

3Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
100 Ordinary shares of £1 each	100	100

4Transactions with directors

Name of director receiving advance or credit:	Mrs S A A Houlden
Description of the transaction:	Loan account
Balance at 1 January 2013:	£ 47,599
Advances or credits made:	-
Advances or credits repaid:	£ 6,000
Balance at 31 December 2013:	£ 41,599

Name of director receiving advance or credit:	Mrs H A England
Description of the transaction:	Loan account
Balance at 1 January 2013:	£ 17,500
Advances or credits made:	-
Advances or credits repaid:	-
Balance at 31 December 2013:	£ 17,500