Clarendon Equestrian Ltd Accounts

CLARENDON EQUESTRIAN LIMITED - Company Information






Clarendon Equestrian Ltd
	Company No. 01460278
		Abbreviated Accounts
		31 March 2016

at	31 March 2016

Company No.		01460278	Notes	2016	2015
				£	£
Fixed assets

	Tangible assets		2	378	503

				378	503
Current assets
	Stocks			15,936	15,936


	Cash at bank and in hand			(6,200)	(6,200)
				9,736	9,736

Net current assets				9,736	9,736
Total assets less current liabilities				10,114	10,239




Net assets				10,114	10,239

Capital and reserves
	Called up share capital		3	1,000	1,000

	Revaluation reserve			3,693	3,693

	Profit and loss account			5,421	5,546

Shareholder's funds				10,114	10,239

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

For the year ended 31 March 2016 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 21 December 2016

And signed on its behalf by:

J. Mitchell
Director
21 December 2016

for the year ended 31 March 2016

Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) ["the FRSSE"].

Turnover

Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers.

Tangible fixed assets and depreciation

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

Leasehold land and buildings

25% on cost

Plant and machinery

25% on reducing balance

Stocks

Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

2	Fixed assets
		Tangible fixed assets	Total
		£	£
	Cost or revaluation
	At 1 April 2015	55,308	55,308




	At 31 March 2016	55,308	55,308
	Amortisation
	At 1 April 2015	54,805	54,805
	Charge for the year	125	125



	At 31 March 2016	54,930	54,930
	Net book values
	At 31 March 2016	378	378
	At 31 March 2015	503	503

3	Share Capital
		Nominal value	2016	2016	2015
		£	Number	£	£
	Allotted, called up and fully paid:
	Ordinary	1.00	1,000	1,000	1,000




				1,000	1,000