Frome Cheese & Grain Trading Company Limited |
Registered number: |
05611310 |
Abbreviated Balance Sheet |
as at 31 March 2014 |
|
Notes |
|
|
2014 |
|
|
2013 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
19,871 |
|
|
22,079 |
|
Current assets |
Cash at bank and in hand |
|
|
33,679 |
|
|
1,053 |
|
Creditors: amounts falling due within one year |
|
|
(34,482) |
|
|
(8,045) |
|
Net current liabilities |
|
|
|
(803) |
|
|
(6,992) |
|
Total assets less current liabilities |
|
|
|
19,068 |
|
|
15,087 |
|
Creditors: amounts falling due after more than one year |
|
|
|
(15,000) |
|
|
(15,000) |
|
|
Net assets |
|
|
|
4,068 |
|
|
87 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
3 |
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
3,968 |
|
|
(13) |
|
Shareholder's funds |
|
|
|
4,068 |
|
|
87 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
J B Birkett-Smith |
Director |
Approved by the board on 16 December 2014 |
|
Frome Cheese & Grain Trading Company Limited |
Notes to the Abbreviated Accounts |
for the year ended 31 March 2014 |
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of work carried out in respect of services provided to customers. Turnover is recognised when services are completed. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. Additions in the year were not brought into use until after the year end and consequently no depreciation was charged in the accounts. |
|
|
Plant and machinery |
10% straight line |
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2013 |
22,079 |
|
At 31 March 2014 |
22,079 |
|
|
|
|
|
|
|
|
Depreciation |
|
Charge for the year |
2,208 |
|
At 31 March 2014 |
2,208 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2014 |
19,871 |
|
At 31 March 2013 |
22,079 |
|
|
|
|
|
|
|
|
3 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|