The Cotswold Cock Inn Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08462039 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 26 MARCH 2013 TO 31 MARCH 2014

FOR

THE COTSWOLD COCK INN LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

6

DIRECTORS:

Mrs V A Frazer-Smith

A Smith

REGISTERED OFFICE:

The Cock Inn

The Green

Combe

Witney

Oxfordshire

OX29 8NT

REGISTERED NUMBER:

08462039 (England and Wales)

ACCOUNTANTS:

Internet Accountants Ltd

3 Manor Courtyard

Hughenden Avenue

High Wycombe

Buckinghamshire

HP13 5RE

FIXED ASSETS

Tangible assets

2

357,014

CURRENT ASSETS

Stocks

2,000

Debtors

197

Cash in hand

1,166

3,363

CREDITORS

Amounts falling due within one year

18,329

NET CURRENT LIABILITIES

(14,966

)

TOTAL ASSETS LESS CURRENT LIABILITIES

342,048

CREDITORS

Amounts falling due after more than one year

356,000

NET LIABILITIES

(13,952

)

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

(13,954

)

SHAREHOLDERS' FUNDS

(13,952

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 24 December 2014 and were signed on its behalf by:

Mrs V A Frazer-Smith - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements are prepared on a going concern basis given the continued support of the directors.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

Straight line over 4 years

No depreciation is provided on Freehold Property as this considered to be immaterial in relation to the financial

statements.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

357,352

At 31 March 2014

357,352

DEPRECIATION

Charge for period

338

At 31 March 2014

338

NET BOOK VALUE

At 31 March 2014

357,014

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary

£1

2

2 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in other creditors is £361,781 due to the directors. This loan is interest-free and has no fixed repayment

terms. £356,000 of this is included in creditors due after more than one year.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the period ended

31 March 2014 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to

fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Internet Accountants Ltd

3 Manor Courtyard

Hughenden Avenue

High Wycombe

Buckinghamshire

HP13 5RE

24 December 2014