Abbreviated Company Accounts - MC EVOY'S GOLF SHOPS LTD
Abbreviated Company Accounts - MC EVOY'S GOLF SHOPS LTD
Registered Number 04602168
MC EVOY'S GOLF SHOPS LTD
Abbreviated Accounts
30 November 2013
MC EVOY'S GOLF SHOPS LTD Registered Number 04602168
Abbreviated Balance Sheet as at 30 November 2013
Notes | 2013 | 2012 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital |
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Revaluation reserve |
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Profit and loss account |
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Shareholders' funds |
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For the year ending 30 November 2013 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
And signed on their behalf by:
MC EVOY'S GOLF SHOPS LTD Registered Number 04602168
Notes to the Abbreviated Accounts for the period ended 30 November 2013
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Plant and machinery 25% p.a. on cost
Fixtures, fittings & equipment 25% p.a. on book value
Investment properties are included in the balance sheet at their open market value. Depreciation is
provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.
Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller
Entities (effective April 2008), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the director compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.
£ | |
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Cost | |
At 1 December 2012 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 30 November 2013 |
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Depreciation | |
At 1 December 2012 |
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Charge for the year |
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On disposals |
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At 30 November 2013 |
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Net book values | |
At 30 November 2013 | 192,974 |
At 30 November 2012 | 188,843 |