05993020 1.12.12 30.11.13 30.11.13 Company accounts Private Limited Company FY true false true false true false false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure059930202012-11-30059930202013-11-30059930202012-12-012013-11-30059930202011-11-30059930202011-12-012012-11-30059930202012-11-3005993020ns12:England2012-12-012013-11-3005993020ns14:PoundSterling2012-12-012013-11-3005993020ns7:Director12012-12-012013-11-3005993020ns7:OrdinaryShareClass12012-12-012013-11-3005993020ns7:RegisteredOffice2012-12-012013-11-3005993020ns7:EntityAccountantsOrAuditors2012-12-012013-11-3005993020ns5:PlantMachinery2012-12-012013-11-3005993020ns5:MotorVehicles2012-12-012013-11-3005993020ns7:OrdinaryShareClass12013-11-3005993020ns7:OrdinaryShareClass12012-11-3005993020ns7:AllEntityOfficers2012-12-012013-11-30
REGISTERED NUMBER: 05993020 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 30 November 2013

for

Wise Owls Club Limited

Wise Owls Club Limited (Registered number: 05993020)

Contents of the Abbreviated Accounts
for the year ended 30 November 2013










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Wise Owls Club Limited

Company Information
for the year ended 30 November 2013







DIRECTOR: Mrs T Galitzine-Scott





REGISTERED OFFICE: 1 Langham Grange
Langham
Bury St Edmunds
Suffolk
IP31 3EE





REGISTERED NUMBER: 05993020 (England and Wales)





ACCOUNTANTS: KPSK Accounts and Tax Limited
1 Langham Grange
Langham
Bury St Edmunds
Suffolk
IP31 3EE

Wise Owls Club Limited (Registered number: 05993020)

Abbreviated Balance Sheet
30 November 2013

30/11/13 30/11/12
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 27,665 7,183

CURRENT ASSETS
Debtors 5,769 50,134
Cash at bank and in hand 132,375 44,496
138,144 94,630
CREDITORS
Amounts falling due within one year 49,597 47,470
NET CURRENT ASSETS 88,547 47,160
TOTAL ASSETS LESS CURRENT
LIABILITIES

116,212

54,343

CREDITORS
Amounts falling due after more than one
year

(11,212
)
-

PROVISIONS FOR LIABILITIES (4,702 ) (510 )
NET ASSETS 100,298 53,833

CAPITAL AND RESERVES
Called up share capital 3 1 1
Profit and loss account 100,297 53,832
SHAREHOLDERS' FUNDS 100,298 53,833

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 18 June 2014 and were signed by:





Mrs T Galitzine-Scott - Director


Wise Owls Club Limited (Registered number: 05993020)

Notes to the Abbreviated Accounts
for the year ended 30 November 2013


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 net invoiced sales of goods, excluding value added tax.

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 - 20% on reducing balance
Motor vehicles - 25% on cost

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

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 December 2012 21,131
Additions 31,396
Disposals (14,000 )
At 30 November 2013 38,527
DEPRECIATION
At 1 December 2012 13,948
Charge for year 8,354
Eliminated on disposal (11,440 )
At 30 November 2013 10,862
NET BOOK VALUE
At 30 November 2013 27,665
At 30 November 2012 7,183

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30/11/13 30/11/12
value: £    £   
1 Ordinary £1 1 1

4. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in the accounts is £109 owed to Mrs T Galitzine-Scott (2012: £44,582 owed by Mrs T Galitzine-Scott),
director and shareholder.

During the year, the company paid net dividends of £30,000 to Mrs T Galitzine-Scott, director and shareholder.