Abbreviated Company Accounts - LARK RISE VENTURES LIMITED

Abbreviated Company Accounts - LARK RISE VENTURES LIMITED


Registered Number 06031406

LARK RISE VENTURES LIMITED

Abbreviated Accounts

31 December 2013

LARK RISE VENTURES LIMITED Registered Number 06031406

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013 2012
£ £
Called up share capital not paid - -
Fixed assets
Tangible assets 2 - 390
- 390
Current assets
Debtors 16 17
Cash at bank and in hand 759 1,046
775 1,063
Creditors: amounts falling due within one year (651) (929)
Net current assets (liabilities) 124 134
Total assets less current liabilities 124 524
Provisions for liabilities - (78)
Total net assets (liabilities) 124 446
Capital and reserves
Called up share capital 3 1 1
Profit and loss account 123 445
Shareholders' funds 124 446
  • 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 24 September 2014

And signed on their behalf by:
Mr M Wrigley, Director

LARK RISE VENTURES LIMITED Registered Number 06031406

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for goods and services.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Computer equipment 33% straight line basis

Other accounting policies
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

2Tangible fixed assets
£
Cost
At 1 January 2013 1,174
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2013 1,174
Depreciation
At 1 January 2013 784
Charge for the year 390
On disposals -
At 31 December 2013 1,174
Net book values
At 31 December 2013 0
At 31 December 2012 390
3Called Up Share Capital
Allotted, called up and fully paid:
2013
£
2012
£
1 Ordinary share of £1 each 1 1