GLANLLYN_LIMITED - Accounts
GLANLLYN_LIMITED - Accounts
Company Registration No. 06085015 (England and Wales)
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2014
CONTENTS
Page
Abbreviated balance sheet
1 - 2
Notes to the abbreviated accounts
3 - 4
ABBREVIATED BALANCE SHEET
AS AT
28 FEBRUARY 2014
- 1 -
2014
2013
Notes
£
£
£
£
Fixed assets
Intangible assets
2
Tangible assets
2
Current assets
Stocks
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
(113,947 )
(90,372 )
Net current assets
Total assets less current liabilities
Provisions for liabilities
(9,010 )
(5,986 )
156,884
175,832
Capital and reserves
Called up share capital
3
Profit and loss account
Shareholders' funds
ABBREVIATED BALANCE SHEET (CONTINUED)
AS AT
28 FEBRUARY 2014
- 2 -
Directors' responsibilities:
-
-
Approved by the Board for issue on 5 October 2014
Director
Director
Company Registration No. 06085015
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2014
- 3 -
1
Accounting policies
1.1
Accounting convention
1.2
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).
1.3
Turnover
1.4
Goodwill
1.5
Tangible fixed assets and depreciation
Caravan site plant and machinery
Computer equipment
Fixtures, fittings & furinture
15% Reducing balance
Caravan site van
25% Reducing balance
1.6
Stock
Stock is valued at the lower of cost and net realisable value.
1.7
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2014
- 4 -
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 March 2013
91,107
109,507
Additions
-
32,245
32,245
Disposals
-
(22,318)
(22,318)
At 1 March 2013 & at 28 February 2014
101,034
119,434
Depreciation
At 1 March 2013
61,176
72,216
On disposals
-
(17,997)
(17,997)
Charge for the year
12,807
14,647
At 28 February 2014
55,986
68,866
Net book value
At 28 February 2014
45,048
50,568
At 28 February 2013
29,931
37,291
3
Share capital
2014
2013
£
£
Allotted, called up and fully paid