Abbreviated Company Accounts - BETSHAW LIMITED

Abbreviated Company Accounts - BETSHAW LIMITED


Registered Number 01375893

BETSHAW LIMITED

Abbreviated Accounts

31 March 2014

BETSHAW LIMITED Registered Number 01375893

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 360,175 360,262
360,175 360,262
Current assets
Debtors 102 125
Cash at bank and in hand 401 461
503 586
Creditors: amounts falling due within one year (39,377) (47,122)
Net current assets (liabilities) (38,874) (46,536)
Total assets less current liabilities 321,301 313,726
Creditors: amounts falling due after more than one year (28,350) (28,350)
Total net assets (liabilities) 292,951 285,376
Capital and reserves
Called up share capital 3 100 100
Revaluation reserve 341,211 341,211
Profit and loss account (48,360) (55,935)
Shareholders' funds 292,951 285,376
  • For the year ending 31 March 2014 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 10 November 2014

And signed on their behalf by:
MRS A R WALKER, Director

BETSHAW LIMITED Registered Number 01375893

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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 rent received during the year.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Office Equipment 25% straight line

2Tangible fixed assets
£
Cost
At 1 April 2013 361,344
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 361,344
Depreciation
At 1 April 2013 1,082
Charge for the year 87
On disposals -
At 31 March 2014 1,169
Net book values
At 31 March 2014 360,175
At 31 March 2013 360,262
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
100 Ordinary shares of £1 each 100 100