REGISTERED NUMBER: 05090294 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2012

FOR

MOUNT ASSOCIATION TRAINING & TRADING

COMPANY LTD

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2

FIXED ASSETS

Tangible assets

2

8,926

316

CURRENT ASSETS

Debtors

630

654

Cash at bank

2,103

2,658

2,733

3,312

CREDITORS

Amounts falling due within one year

9,925

361

NET CURRENT (LIABILITIES)/ASSETS

(7,192

)

2,951

TOTAL ASSETS LESS CURRENT LIABILITIES

1,734

3,267

RESERVES

Income and expenditure account

1,734

3,267

1,734

3,267

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2012.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2012 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 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 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 15 May 2013 and were signed on its behalf by:

K Gray - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The directors are not aware of any material uncertainties in making their assessment of going concern. As a

result the going concern basis of accounting has been adopted.

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).

Tangible fixed assets

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

Plant and machinery etc

-

15% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Revenue recognition

The company's turnover represents the sales of goods and services from forestry and woodland management,

mixed farming and adult training. The company recognises revenue as soon as the service has been provided and

a sales invoice issued.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2011

770

Additions

9,762

At 30 September 2012

10,532

DEPRECIATION

At 1 October 2011

454

Charge for year

1,152

At 30 September 2012

1,606

NET BOOK VALUE

At 30 September 2012

8,926

At 30 September 2011

316

3.	COMPANY LIMITED BY GUARANTEE

The company is limited by guarantee and has no share capital.

4.	GOING CONCERN

The company did not trade in the year although there are plans for some future trading. However, it continues to

incur some administrative costs which are covered by its reserves and these accounts have therefore been

prepared on a going concern basis.