Abbreviated Company Accounts - LLAIS Y GOEDWIG

Registered Number 07188271

LLAIS Y GOEDWIG

Abbreviated Accounts

31 March 2014

LLAIS Y GOEDWIG Registered Number 07188271

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	3	572	265
		572	265
Current assets
Debtors		-	2,500
Cash at bank and in hand		35,088	57,030
		35,088	59,530
Creditors: amounts falling due within one year		(27,834)	(54,047)
Net current assets (liabilities)		7,254	5,483
Total assets less current liabilities		7,826	5,748
Total net assets (liabilities)		7,826	5,748
Reserves
Income and expenditure account		7,826	5,748
Members' funds		7,826	5,748

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 9 December 2014

And signed on their behalf by:
C J Vaughan Gronow, Director

LLAIS Y GOEDWIG Registered Number 07188271

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 income generated from activities carried on by the company and is recognised in the accounts when the company is legally entitled to the funds.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant and machinery - 25% reducing balance

Other accounting policies
Government grants
Government grants are recognised as income in the same period in which the corresponding expenditure is incurred.

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

3Tangible fixed assets

	£
Cost
At 1 April 2013	630
Additions	499
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	1,129
Depreciation
At 1 April 2013	365
Charge for the year	192
On disposals	-
At 31 March 2014	557
Net book values
At 31 March 2014	572
At 31 March 2013	265