Abbreviated Company Accounts - QUILTERS LEISURE LIMITED

Abbreviated Company Accounts - QUILTERS LEISURE LIMITED

QUILTERS LEISURE LIMITED - Company Information

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Registered Number 02624699

QUILTERS LEISURE LIMITED

Abbreviated Accounts

30 September 2014

QUILTERS LEISURE LIMITED Registered Number 02624699

Abbreviated Balance Sheet as at 30 September 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 2,548,768 2,529,589
2,548,768 2,529,589
Current assets
Stocks 100,000 110,000
Debtors 1,324,849 1,286,867
1,424,849 1,396,867
Creditors: amounts falling due within one year (1,919,059) (1,868,282)
Net current assets (liabilities) (494,210) (471,415)
Total assets less current liabilities 2,054,558 2,058,174
Creditors: amounts falling due after more than one year (1,051,628) (1,142,761)
Total net assets (liabilities) 1,002,930 915,413
Capital and reserves
Called up share capital 100 100
Revaluation reserve 1,297,000 1,297,000
Profit and loss account (294,170) (381,687)
Shareholders' funds 1,002,930 915,413
  • For the year ending 30 September 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 July 2015

And signed on their behalf by:
Mr B A Reid, Director

QUILTERS LEISURE LIMITED Registered Number 02624699

Notes to the Abbreviated Accounts for the period ended 30 September 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.

2Tangible fixed assets
£
Cost
At 1 October 2013 3,980,751
Additions 74,959
Disposals -
Revaluations -
Transfers -
At 30 September 2014 4,055,710
Depreciation
At 1 October 2013 1,451,162
Charge for the year 55,780
On disposals -
At 30 September 2014 1,506,942
Net book values
At 30 September 2014 2,548,768
At 30 September 2013 2,529,589