Amroth Castle Holidays Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05133135 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

AMROTH CASTLE HOLIDAYS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs V G Moon

Mrs B A Moon

SECRETARY:

Mrs V G Moon

REGISTERED OFFICE:

Amroth Castle

Amroth

Narbeth

Pembrokeshire

SA67 8NN

REGISTERED NUMBER:

05133135 (England and Wales)

ACCOUNTANTS:

Clay Shaw Butler

Chartered Accountants

24 Lammas Street

Carmarthen

Carmarthenshire

SA31 3AL

BANKERS:

Natwest Bank

PO Box 2

Tudor Square

Tenby

Pembrokeshire

SA70 7AL

FIXED ASSETS

Tangible assets

2

2,485,317

2,511,144

CURRENT ASSETS

Stocks

35,056

40,151

Debtors

22,616

10,165

Cash in hand

95

441

57,767

50,757

CREDITORS

Amounts falling due within one year

240,169

261,734

NET CURRENT LIABILITIES

(182,402

)

(210,977

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,302,915

2,300,167

CREDITORS

Amounts falling due after more than one year

3

(364,996

)

(392,363

)

PROVISIONS FOR LIABILITIES

(22,189

)

-

NET ASSETS

1,915,730

1,907,804

CAPITAL AND RESERVES

Called up share capital

4

2,174,678

2,174,678

Share premium

113,322

113,322

Profit and loss account

(372,270

)

(380,196

)

SHAREHOLDERS' FUNDS

1,915,730

1,907,804

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 15 May 2015 and were signed on its behalf by:

Mrs V G Moon - Director

1.	ACCOUNTING POLICIES

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.

Freehold property

-

1% on cost

Improvements to property

-

1% on cost

Plant and machinery

-

15% on reducing balance

Caravans

-

12.5% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

HIRE PURCHASE AND LEASING COMMITMENTS

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

2,899,789

Additions

44,906

Disposals

(39,216

)

At 31 December 2014

2,905,479

DEPRECIATION

At 1 January 2014

388,645

Charge for year

48,690

Eliminated on disposal

(17,173

)

At 31 December 2014

420,162

NET BOOK VALUE

At 31 December 2014

2,485,317

At 31 December 2013

2,511,144

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

31.12.14

31.12.13

£

£

Repayable by instalments

254,871

281,782

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

£

£

2,174,678

Ordinary £1 shares

£1

2,174,678

2,174,678