Abbreviated Company Accounts - PEATLANDS PLAYGROUP LIMITED

Abbreviated Company Accounts - PEATLANDS PLAYGROUP LIMITED

PEATLANDS PLAYGROUP LIMITED - Company Information

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Registered Number NI607726

PEATLANDS PLAYGROUP LIMITED

Abbreviated Accounts

31 August 2014

PEATLANDS PLAYGROUP LIMITED Registered Number NI607726

Abbreviated Balance Sheet as at 31 August 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 3 68,742 72,426
68,742 72,426
Current assets
Stocks 1,725 1,898
Debtors - 1,861
Cash at bank and in hand 4,095 9,698
5,820 13,457
Creditors: amounts falling due within one year (4,827) (7,543)
Net current assets (liabilities) 993 5,914
Total assets less current liabilities 69,735 78,340
Creditors: amounts falling due after more than one year (42,587) (47,354)
Total net assets (liabilities) 27,148 30,986
Reserves
Income and expenditure account 27,148 30,986
Members' funds 27,148 30,986
  • For the year ending 31 August 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 21 November 2014

And signed on their behalf by:
Heather Feenan, Director
Beverley Peters, Director

PEATLANDS PLAYGROUP LIMITED Registered Number NI607726

Notes to the Abbreviated Accounts for the period ended 31 August 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 is the total amount receivable by the company for goods supplied and services provided excluding VAT and net of trade discounts, derived from the ordinary activities of the company.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:-

Freehold Buildings - 4% straight line
Fixtures, fittings and equipment - 25% reducing balance.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets
£
Cost
At 1 September 2013 79,728
Additions -
Disposals -
Revaluations -
Transfers -
At 31 August 2014 79,728
Depreciation
At 1 September 2013 7,302
Charge for the year 3,684
On disposals -
At 31 August 2014 10,986
Net book values
At 31 August 2014 68,742
At 31 August 2013 72,426