REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2014 |
|
FOR |
|
CAIRNGORMS FARMERS MARKET ASSOCIATION |
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2014 |
|
FOR |
|
CAIRNGORMS FARMERS MARKET ASSOCIATION |
CAIRNGORMS FARMERS MARKET ASSOCIATION (REGISTERED NUMBER: SC322157) |
|
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 DECEMBER 2014 |
|
|
|
|
|
|
|
|
|
|
Page |
|
Company Information | 1 |
|
Abbreviated Balance Sheet | 2 |
|
Notes to the Abbreviated Accounts | 3 |
|
Chartered Accountants' Report | 4 |
CAIRNGORMS FARMERS MARKET ASSOCIATION |
|
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 DECEMBER 2014 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
ACCOUNTANTS: |
|
|
|
|
|
|
|
|
BANKERS: |
|
|
|
|
|
CAIRNGORMS FARMERS MARKET ASSOCIATION (REGISTERED NUMBER: SC322157) |
|
ABBREVIATED BALANCE SHEET |
31 DECEMBER 2014 |
|
2014 | 2013 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
|
|
|
CURRENT ASSETS |
Stocks |
|
|
Debtors |
|
|
Cash at bank and in hand |
|
|
|
|
CREDITORS |
Amounts falling due within one year |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
RESERVES |
Income and expenditure account |
|
|
|
|
|
|
|
|
|
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 surplus or deficit 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 financial statements were approved by the Board of Directors on
|
|
|
|
|
|
|
|
|
|
CAIRNGORMS FARMERS MARKET ASSOCIATION (REGISTERED NUMBER: SC322157) |
|
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 DECEMBER 2014 |
|
|
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 comprises of market stall rents received from members, membership subscriptions, raffles and other |
fund raising activities. The company is not registered for VAT. |
|
Tangible fixed assets |
|
|
Plant and machinery etc | - |
|
|
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
moving items. |
|
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 January 2014 |
|
Additions |
|
At 31 December 2014 |
|
DEPRECIATION |
At 1 January 2014 |
|
Charge for year |
|
At 31 December 2014 |
|
NET BOOK VALUE |
At 31 December 2014 |
|
At 31 December 2013 |
|
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
ON THE UNAUDITED FINANCIAL STATEMENTS OF |
CAIRNGORMS FARMERS MARKET ASSOCIATION |
|
|
The following reproduces the text of the report prepared for the directors in respect of the company's annual |
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three) |
have been prepared. |
|
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
financial statements of Cairngorms Farmers Market Association for the year ended 31 December 2014 which comprise |
the Income and Expenditure Account, the Balance Sheet, and the related notes from the company's accounting records |
and from information and explanations you have given us. |
|
As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.org.uk/accountspreparationguidance. |
|
This report is made solely to the Board of Directors of Cairngorms Farmers Market Association, as a body, in accordance with the terms of our engagement letter dated 27 March 2009. Our work has been undertaken solely to prepare for your approval the financial statements of Cairngorms Farmers Market Association and state those matters that we have agreed to state to the Board of Directors of Cairngorms Farmers Market Association, as a body, in this report in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at http://www.icas.org.uk/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
|
It is your duty to ensure that Cairngorms Farmers Market Association has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Cairngorms Farmers Market Association. You consider that Cairngorms Farmers Market Association is exempt from the statutory audit requirement for the year. |
|
We have not been instructed to carry out an audit or a review of the financial statements of Cairngorms Farmers Market |
Association. For this reason, we have not verified the accuracy or completeness of the accounting records or information |
and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial |
statements. |
|
|
|
|
|
|
|
|
|
|
|
|
|
4 June 2015 |