Abbreviated Company Accounts - CONLONS LODGE LIMITED
Abbreviated Company Accounts - CONLONS LODGE LIMITED
Registered Number 05067907
CONLONS LODGE LIMITED
Abbreviated Accounts
31 March 2014
CONLONS LODGE LIMITED Registered Number 05067907
Abbreviated Balance Sheet as at 31 March 2014
Notes | 2014 | 2013 | |
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£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
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Tangible assets | 3 |
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Investments | 4 |
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Current assets | |||
Cash at bank and in hand |
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Prepayments and accrued income |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
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( |
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Total assets less current liabilities |
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Provisions for liabilities |
( |
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Accruals and deferred income |
( |
( |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 5 |
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Profit and loss account |
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Shareholders' funds |
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For the year ending 31 March 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
And signed on their behalf by:
CONLONS LODGE LIMITED Registered Number 05067907
Notes to the Abbreviated Accounts for the period ended 31 March 2014
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Fixtures and fittings - 25% reducing balance basis
Intangible assets amortisation policy
Goodwill - Straight line over twenty years
Other accounting policies
Deferred tax is recognised, without discounting, in respect of all timing differences between
the treatment of certain items for taxation and accounting purposes, which have arisen but not
reversed by the balance sheet date, except as required by the FRSSE.
Deferred tax is measured at the rates that are expected to apply in the periods when the timing
differences are expected to reverse, based on the tax rates and law enacted at the balance sheet
date.
Hire purchase and leasing
Rentals payable under operating leases are charged in the profit and loss account on a straight
line basis over the lease term.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the
contractual arrangement, as financial assets, financial liabilities or equity instruments. An
equity instrument is any contract that evidences a residual interest in the assets of the company
after deducting all of its liabilities. Where shares are issued, any component that creates a
financial liability of the company is presented as a liability in the balance sheet. The
corresponding dividends relating to the liability component are charged as interest expense in
the profit and loss account.
£ | |
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Cost | |
At 1 April 2013 |
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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 31 March 2014 |
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Amortisation | |
At 1 April 2013 |
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Charge for the year |
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On disposals |
|
At 31 March 2014 |
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Net book values | |
At 31 March 2014 | 2,743 |
At 31 March 2013 | 3,016 |
£ | |
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Cost | |
At 1 April 2013 |
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Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 March 2014 |
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Depreciation | |
At 1 April 2013 |
|
Charge for the year |
|
On disposals |
|
At 31 March 2014 |
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Net book values | |
At 31 March 2014 | 1,978 |
At 31 March 2013 | 1,936 |
4Fixed assets Investments
Limited.