Abbreviated Company Accounts - CAST NW LIMITED

Abbreviated Company Accounts - CAST NW LIMITED


Registered Number 05758480

CAST NW LIMITED

Abbreviated Accounts

31 March 2014

CAST NW LIMITED Registered Number 05758480

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 3 3,303 2,964
Investments 4 73,280 64,934
76,583 67,898
Current assets
Stocks 9,136 13,466
Debtors 19,351 12,666
Cash at bank and in hand 29,886 31,819
58,373 57,951
Creditors: amounts falling due within one year (7,209) (6,671)
Net current assets (liabilities) 51,164 51,280
Total assets less current liabilities 127,747 119,178
Total net assets (liabilities) 127,747 119,178
Reserves
Income and expenditure account 127,747 119,178
Members' funds 127,747 119,178
  • 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 15 December 2014

And signed on their behalf by:
W Farnworth, Director

CAST NW LIMITED Registered Number 05758480

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. The Statement of Recommended Practice Accounting and Reporting by Charities (SORP 2005).

Turnover policy
Turnover represents amounts receivable from donations, legacies and similar resources and funds generated by other activities.

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:

Plant and machinery 25% reducing balance
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 April 2013 13,185
Additions 1,080
Disposals -
Revaluations -
Transfers -
At 31 March 2014 14,265
Depreciation
At 1 April 2013 10,221
Charge for the year 741
On disposals -
At 31 March 2014 10,962
Net book values
At 31 March 2014 3,303
At 31 March 2013 2,964

4Fixed assets Investments
Fixed asset investments are stated at cost less provision for diminution in value.