Abbreviated Company Accounts - BANK FARM RIDING SCHOOL LIMITED

Abbreviated Company Accounts - BANK FARM RIDING SCHOOL LIMITED

BANK FARM RIDING SCHOOL LIMITED - Company Information

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Registered Number 04181496

BANK FARM RIDING SCHOOL LIMITED

Abbreviated Accounts

31 March 2014

BANK FARM RIDING SCHOOL LIMITED Registered Number 04181496

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 10,756 13,445
10,756 13,445
Current assets
Stocks 950 1,050
Debtors 4,308 688
Cash at bank and in hand 1,254 1,614
6,512 3,352
Creditors: amounts falling due within one year (17,056) (16,242)
Net current assets (liabilities) (10,544) (12,890)
Total assets less current liabilities 212 555
Total net assets (liabilities) 212 555
Capital and reserves
Called up share capital 2 2
Profit and loss account 210 553
Shareholders' funds 212 555
  • 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 29 December 2014

And signed on their behalf by:
M. L. Anthony, Director

BANK FARM RIDING SCHOOL LIMITED Registered Number 04181496

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 net sales receipts for horse riding and training services supplied excluding Value Added Tax.

Tangible assets depreciation policy
Depreciation is provided at annual rates designed to write off each asset over it's estimated useful life as follows: Equipment and Fixtures - 20% on a reducing balance basis.

2Tangible fixed assets
£
Cost
At 1 April 2013 29,733
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 29,733
Depreciation
At 1 April 2013 16,288
Charge for the year 2,689
On disposals -
At 31 March 2014 18,977
Net book values
At 31 March 2014 10,756
At 31 March 2013 13,445