Company Registration No. 2488511 (England and Wales)
FAIRWAYS MANAGEMENT (WEST PELTON) LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2014
FAIRWAYS MANAGEMENT (WEST PELTON) LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
FAIRWAYS MANAGEMENT (WEST PELTON) LIMITED
ABBREVIATED BALANCE SHEET
AS AT
28 FEBRUARY 2014
28 February 2014
- 1 -
2014
2013
Notes
£
£
£
£
Fixed assets
Tangible assets
2
5,374
5,814
Current assets
Cash at bank and in hand
12,148
8,982
Creditors: amounts falling due within one year
(618)
(562)
Net current assets
11,530
8,420
Total assets less current liabilities
16,904
14,234
Capital and reserves
Profit and loss account
16,904
14,234
Shareholders' funds
16,904
14,234
For the financial year ended 28 February 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 11 September 2014
M Lusk
Director
Company Registration No. 2488511
FAIRWAYS MANAGEMENT (WEST PELTON) LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2014
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
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
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets other than freehold land 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:
Land and buildings Freehold
nil
Fixtures, fittings & equipment
15% reducing balance
2
Fixed assets
Tangible assets
£
Cost
At 1 March 2013 & at 28 February 2014
20,407
Depreciation
At 1 March 2013
14,593
Charge for the year
440
At 28 February 2014
15,033
Net book value
At 28 February 2014
5,374
At 28 February 2013
5,814
truefalsetruefalsetruetrue2013-03-012014-02-28tmp5BF9.html2014-11-2724885112013-03-012014-02-2824885112014-02-2824885112013-02-2824885112013-02-282488511uk-bus:Director32013-03-012014-02-282488511uk-gaap:LandBuildings2013-03-012014-02-282488511uk-gaap:FixturesFittingsToolsEquipment2013-03-012014-02-282488511uk-curr:PoundSterling2013-03-012014-02-28xbrli:purexbrli:sharesiso4217:GBP
