Abbreviated Company Accounts - MOORSIDE JOINERY LIMITED

Abbreviated Company Accounts - MOORSIDE JOINERY LIMITED


Registered Number 07266960

MOORSIDE JOINERY LIMITED

Abbreviated Accounts

31 May 2014

MOORSIDE JOINERY LIMITED Registered Number 07266960

Abbreviated Balance Sheet as at 31 May 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 10,581 13,872
10,581 13,872
Current assets
Debtors 16,697 2,034
Cash at bank and in hand 17,950 7,720
34,647 9,754
Creditors: amounts falling due within one year 3 (25,332) (16,098)
Net current assets (liabilities) 9,315 (6,344)
Total assets less current liabilities 19,896 7,528
Provisions for liabilities (2,116) (1,667)
Total net assets (liabilities) 17,780 5,861
Capital and reserves
Called up share capital 4 3 3
Profit and loss account 17,777 5,858
Shareholders' funds 17,780 5,861
  • For the year ending 31 May 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 October 2014

And signed on their behalf by:
M J Boothman, Director

MOORSIDE JOINERY LIMITED Registered Number 07266960

Notes to the Abbreviated Accounts for the period ended 31 May 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Tangible assets depreciation policy
The cost of tangible fixed assets include expenditure directly incurred in bringing the assets into working condition for their intended use. Depreciation is provided at the following annual rates in order to allocate the depreciable amount of each asset over its estimated useful life.

Plant and machinery : 25% reducing balance
Fixtures and fittings : 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 June 2013 26,977
Additions 34
Disposals -
Revaluations -
Transfers -
At 31 May 2014 27,011
Depreciation
At 1 June 2013 13,105
Charge for the year 3,325
On disposals -
At 31 May 2014 16,430
Net book values
At 31 May 2014 10,581
At 31 May 2013 13,872
3Creditors
2014
£
2013
£
Secured Debts - 3,323
4Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
3 Ordinary shares of £1 each 3 3