Abbreviated Company Accounts - GLADSTONE LODGE LIMITED

GLADSTONE LODGE LIMITED - Company Information

Registered Number 05471979

GLADSTONE LODGE LIMITED

Abbreviated Accounts

30 June 2014

GLADSTONE LODGE LIMITED Registered Number 05471979

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	110,767	111,067
		110,767	111,067
Current assets
Stocks		1,706	2,745
Debtors		74,350	200
Cash at bank and in hand		5,309	2,109
		81,365	5,054
Creditors: amounts falling due within one year		(78,662)	(8,794)
Net current assets (liabilities)		2,703	(3,740)
Total assets less current liabilities		113,470	107,327
Creditors: amounts falling due after more than one year		0	(7,986)
Total net assets (liabilities)		113,470	99,341
Capital and reserves
Called up share capital		1	1
Profit and loss account		113,469	99,340
Shareholders' funds		113,470	99,341

For the year ending 30 June 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 31 March 2015

And signed on their behalf by:
Mrs V Johnson, Director

GLADSTONE LODGE LIMITED Registered Number 05471979

Notes to the Abbreviated Accounts for the period ended 30 June 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 amounts receivable for goods and services net of VAT and trade discounts.

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;-
Fixtures 25% reducing balances basis

2Tangible fixed assets

	£
Cost
At 1 July 2013	117,355
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2014	117,355
Depreciation
At 1 July 2013	6,288
Charge for the year	300
On disposals	-
At 30 June 2014	6,588
Net book values
At 30 June 2014	110,767
At 30 June 2013	111,067