REGISTERED NUMBER: 06507352

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 28TH FEBRUARY 2014

FOR

ELLERSHAW HOUSE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs S Kreutzer-Brett

Mr R Kreutzer-Brett

SECRETARY:

Mr R Kreutzer-Brett

REGISTERED OFFICE:

3 & 4 Park Court

Riccall Road

Escrick

York

North Yorkshire

YO19 6ED

REGISTERED NUMBER:

06507352

ACCOUNTANTS:

CGA

Chartered Certified Accountants

3 & 4 Park Court

Riccall Road

Escrick

York

North Yorkshire

YO19 6ED

FIXED ASSETS

Intangible assets

2

294,000

315,000

Tangible assets

3

224,000

64,947

518,000

379,947

CURRENT ASSETS

Stocks

900

900

Debtors

32,335

37,924

Cash at bank and in hand

222,892

268,679

256,127

307,503

CREDITORS

Amounts falling due within one year

63,557

84,850

NET CURRENT ASSETS

192,570

222,653

TOTAL ASSETS LESS CURRENT LIABILITIES

710,570

602,600

PROVISIONS FOR LIABILITIES

16,164

5,771

NET ASSETS

694,406

596,829

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

694,306

596,729

SHAREHOLDERS' FUNDS

694,406

596,829

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2014 in accordance with Section 476 of the Companies Act 2006.

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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 9th October 2014 and were signed on its behalf by:

Mrs S Kreutzer-Brett - Director

Mr R Kreutzer-Brett - Director

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

Turnover represents invoiced services.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

10% on reducing balance

Horses

-

10% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1st March 2013

and 28th February 2014

420,000

AMORTISATION

At 1st March 2013

105,000

Amortisation for year

21,000

At 28th February 2014

126,000

NET BOOK VALUE

At 28th February 2014

294,000

At 28th February 2013

315,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st March 2013

123,655

Additions

190,897

At 28th February 2014

314,552

DEPRECIATION

At 1st March 2013

58,708

Charge for year

31,844

At 28th February 2014

90,552

NET BOOK VALUE

At 28th February 2014

224,000

At 28th February 2013

64,947

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at year end the company owed its Directors, Mr & Mrs Kreutzer-Brett, the amount of £9,517 (2013: £8,952),

included with other creditors.

Amounts were credited to the Directors Loan account during the year of £13,107 (2013: £25,566), including

Dividends of £7,500 (2013: £14,350) and amounts drawn of £12,542 (2013: £19,722).

No interest is being charged on the Directors Loan account and there are no conditions attached, however, the

Directors will ensure that repayments are not detrimental to the company.

The company was charged rent in respect of Ellershaw House by the Directors in the sum of £48,000 (2013:

£48,000) in the year. All amounts were paid in full as at 28th February 2014.

6.	CONTROLLING PARTY

7.	DIRECTOR'S REMUNERATION

Directors' Remuneration has been agreed at £52,000 per annum, it was the Directors decision not to take

remuneration during the current and prior year.