Abbreviated Company Accounts - FAIRPRICE (WEYMOUTH) LIMITED

Abbreviated Company Accounts - FAIRPRICE (WEYMOUTH) LIMITED

FAIRPRICE (WEYMOUTH) LIMITED - Company Information

Print Friendly Version

Registered Number 03897542

FAIRPRICE (WEYMOUTH) LIMITED

Abbreviated Accounts

31 March 2014

FAIRPRICE (WEYMOUTH) LIMITED Registered Number 03897542

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 450,000 450,000
450,000 450,000
Current assets
Cash at bank and in hand 5,422 1,927
5,422 1,927
Creditors: amounts falling due within one year (48,917) (74,691)
Net current assets (liabilities) (43,495) (72,764)
Total assets less current liabilities 406,505 377,236
Creditors: amounts falling due after more than one year (270,000) (270,000)
Total net assets (liabilities) 136,505 107,236
Capital and reserves
Called up share capital 300 300
Revaluation reserve 150,000 150,000
Profit and loss account (13,795) (43,064)
Shareholders' funds 136,505 107,236
  • 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 11 December 2014

And signed on their behalf by:
R C Paull, Director
C N Crane, Director

FAIRPRICE (WEYMOUTH) LIMITED Registered Number 03897542

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 comprises the invoice value of goods supplied by the compny,exclusive of trade discounts and value added tax.

2Tangible fixed assets
£
Cost
At 1 April 2013 450,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 450,000
Depreciation
At 1 April 2013 -
Charge for the year -
On disposals -
At 31 March 2014 -
Net book values
At 31 March 2014 450,000
At 31 March 2013 450,000