Cuddington Golf Shop Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 05016733

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2014

FOR

CUDDINGTON GOLF SHOP LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M D Warner

K J Warner

SECRETARY:

K J Warner

REGISTERED OFFICE:

Norman House

8 Burnell Road

Sutton

Surrey

SM1 4BW

REGISTERED NUMBER:

05016733

ACCOUNTANTS:

Myrus Smith

Norman House

8 Burnell Road

Sutton

Surrey

SM1 4BW

FIXED ASSETS

Tangible assets

2

306

409

CURRENT ASSETS

Stocks

12,445

10,912

Cash at bank

7,627

6,132

20,072

17,044

CREDITORS

Amounts falling due within one year

19,747

15,078

NET CURRENT ASSETS

325

1,966

TOTAL ASSETS LESS CURRENT LIABILITIES

631

2,375

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

629

2,373

SHAREHOLDERS' FUNDS

631

2,375

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 15 October 2014 and were signed on its behalf by:

M D Warner - Director

1.	ACCOUNTING POLICIES

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2013

and 31 January 2014

6,331

DEPRECIATION

At 1 February 2013

5,922

Charge for year

103

At 31 January 2014

6,025

NET BOOK VALUE

At 31 January 2014

306

At 31 January 2013

409

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

2

Ordinary

£1

2

2

4.	CONTROLLING PARTIES

The company is controlled jointly by M D and K J Warner.