Timsbury Fishery Limited - Limited company - abbreviated - 11.6
Timsbury Fishery Limited - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
TIMSBURY FISHERY LIMITED |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 31 DECEMBER 2014 |
TIMSBURY FISHERY LIMITED (REGISTERED NUMBER: 03036776) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 DECEMBER 2014 |
Page |
Abbreviated Balance Sheet | 1 |
Notes to the Abbreviated Accounts | 2 |
TIMSBURY FISHERY LIMITED (REGISTERED NUMBER: 03036776) |
ABBREVIATED BALANCE SHEET |
31 DECEMBER 2014 |
2014 | 2013 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Share premium |
Profit and loss account |
SHAREHOLDERS' FUNDS |
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 financial statements were approved by the Board of Directors on by: |
TIMSBURY FISHERY LIMITED (REGISTERED NUMBER: 03036776) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 DECEMBER 2014 |
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 |
The turnover shown in the profit and loss account represents annual subscriptions and joining fees receivable |
from shareholders. |
Annual subscriptions are recognised over the period to which they relate. As the subscriptions fall due during the |
financial year, a deferred income adjustment has been incorporated to pro-rate the income receivable so it is |
recognised on an accruals basis. |
Joining fees are recognised in full when they become due. |
Tangible fixed assets |
Freehold land | - |
Freehold improvements | - |
Plant & machinery | - |
Tangible fixed assets, other than freehold land, are stated at cost less accumulated depreciation. Cost represents |
purchase price together with any incidental costs of acquisition. |
Pension costs |
The company operates a defined contribution pension scheme for employees. The assets of the scheme are held |
separately from those of the company. The annual contributions payable are charged to the profit and loss |
account. |
Financial instruments |
Financial instruments are classified and accounted for as financial assets, financial liabilities or equity |
instruments, according to the substance of the contractual arrangement. |
Financial instruments which are assets are stated at cost less any provision for impairment. Financial liabilities |
are stated at principal capital amounts outstanding at the period end. Issue costs relating to financial liabilities are |
deducted from the outstanding balance and are amortised over the period to the due date for repayment of the |
financial liability. |
Grant income |
Grant income is released to income in the period which it is received. |
TIMSBURY FISHERY LIMITED (REGISTERED NUMBER: 03036776) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 31 DECEMBER 2014 |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 January 2014 |
Additions |
At 31 December 2014 |
DEPRECIATION |
At 1 January 2014 |
Charge for year |
At 31 December 2014 |
NET BOOK VALUE |
At 31 December 2014 |
At 31 December 2013 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2014 | 2013 |
value: | £ | £ |
Ordinary | £500 |
The share capital comprises 112 Ordinary shares of £500 each divided into 14 classes designated A, B, C, D, E, |
F, G, H, I, J, K, L, M and N shares, each class consisting of 8 £500 shares. All shares rank pari passu in all |
respects. |
There was no movement on the share premium account during the financial year. |