Abbreviated Company Accounts - ALL SEASONS CLUB OWNERS ASSOCIATES LIMITED

ALL SEASONS CLUB OWNERS ASSOCIATES LIMITED - Company Information

Registered Number 06871043

ALL SEASONS CLUB OWNERS ASSOCIATES LIMITED

Abbreviated Accounts

31 March 2014

ALL SEASONS CLUB OWNERS ASSOCIATES LIMITED Registered Number 06871043

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	9,444	43,242
		9,444	43,242
Current assets
Cash at bank and in hand		108,186	139,577
		108,186	139,577
Creditors: amounts falling due within one year		(30,127)	(44,300)
Net current assets (liabilities)		78,059	95,277
Total assets less current liabilities		87,503	138,519
Creditors: amounts falling due after more than one year		(362,205)	(372,940)
Total net assets (liabilities)		(274,702)	(234,421)
Capital and reserves
Called up share capital		68	68
Share premium account		244,546	244,546
Profit and loss account		(519,316)	(479,035)
Shareholders' funds		(274,702)	(234,421)

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 23 December 2014

And signed on their behalf by:
P J HASSALL, Director

ALL SEASONS CLUB OWNERS ASSOCIATES LIMITED Registered Number 06871043

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
There is no income that can be classed turnover by this company. The company is a non profit making organisation to which its members contribute funds for the receipt of mutually beneficial services.

Tangible assets depreciation policy
Depreciation is provided on all tangible fixed assets to write off their cost, less net realisable value over their useful economic lives.

Other accounting policies
Creditors - amounts falling due within one year.
This year the Company did not request contributions from shareholders as the expenditure was funded from asset sales as previously announced.

2Tangible fixed assets

	£
Cost
At 1 April 2013	43,558
Additions	-
Disposals	(33,716)
Revaluations	-
Transfers	-
At 31 March 2014	9,842
Depreciation
At 1 April 2013	316
Charge for the year	82
On disposals	-
At 31 March 2014	398
Net book values
At 31 March 2014	9,444
At 31 March 2013	43,242