REGISTERED NUMBER: 05090294 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

1 OCTOBER 2012 TO 29 SEPTEMBER 2013

FOR

MOUNT ASSOCIATION TRAINING AND TRADING

COMPANY LIMITED

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2

FIXED ASSETS

Tangible assets

2

7,588

8,926

CURRENT ASSETS

Debtors

-

630

Cash at bank

-

2,103

-

2,733

CREDITORS

Amounts falling due within one year

7,355

9,925

NET CURRENT LIABILITIES

(7,355

)

(7,192

)

TOTAL ASSETS LESS CURRENT LIABILITIES

233

1,734

RESERVES

Income and expenditure account

233

1,734

233

1,734

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 September 2013.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 September 2013 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 25 September 2014 and were signed on its behalf by:

G Woodham - 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 2012

and 29 September 2013

10,532

DEPRECIATION

At 1 October 2012

1,606

Charge for period

1,338

At 29 September 2013

2,944

NET BOOK VALUE

At 29 September 2013

7,588

At 30 September 2012

8,926

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. 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.