Abbreviated Company Accounts - STILLINGTON PARK SHOP LIMITED

Abbreviated Company Accounts - STILLINGTON PARK SHOP LIMITED


Registered Number 04581189

STILLINGTON PARK SHOP LIMITED

Abbreviated Accounts

31 December 2013

STILLINGTON PARK SHOP LIMITED Registered Number 04581189

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013 2012
£ £
Fixed assets
Intangible assets 2 36,000 40,000
Tangible assets 3 4,199 2,233
40,199 42,233
Current assets
Stocks 6,218 5,503
Cash at bank and in hand 3,883 2,008
10,101 7,511
Creditors: amounts falling due within one year (32,693) (33,419)
Net current assets (liabilities) (22,592) (25,908)
Total assets less current liabilities 17,607 16,325
Total net assets (liabilities) 17,607 16,325
Capital and reserves
Called up share capital 4 2 2
Profit and loss account 17,605 16,323
Shareholders' funds 17,607 16,325
  • For the year ending 31 December 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 29 September 2014

And signed on their behalf by:
Mr Karl Michael Wood, Director

STILLINGTON PARK SHOP LIMITED Registered Number 04581189

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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 the value, net of value added tax and discounts, of goods provided to
customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their
estimated useful lives.

Plant and machinery 25% Reducing balance
Furniture and fittings 25% Reducing balance

Valuation information and policy
Stock is valued at the lower of cost and net realisable value.

2Intangible fixed assets
£
Cost
At 1 January 2013 80,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2013 80,000
Amortisation
At 1 January 2013 40,000
Charge for the year 4,000
On disposals -
At 31 December 2013 44,000
Net book values
At 31 December 2013 36,000
At 31 December 2012 40,000

Amortization has been provided at 20 years in order to write off the goodwill over the
estimated useful life.

3Tangible fixed assets
£
Cost
At 1 January 2013 19,363
Additions 3,366
Disposals -
Revaluations -
Transfers -
At 31 December 2013 22,729
Depreciation
At 1 January 2013 17,130
Charge for the year 1,400
On disposals -
At 31 December 2013 18,530
Net book values
At 31 December 2013 4,199
At 31 December 2012 2,233
4Called Up Share Capital
Allotted, called up and fully paid:
2013
£
2012
£
2Ordinary shares of £1 each 2 2