Abbreviated Company Accounts - SHRED BANK LTD

Abbreviated Company Accounts - SHRED BANK LTD

SHRED BANK LTD - Company Information

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Registered Number NI065682

SHRED BANK LTD

Abbreviated Accounts

31 July 2014

SHRED BANK LTD Registered Number NI065682

Abbreviated Balance Sheet as at 31 July 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 10,185 10,185
Tangible assets 3 412,180 239,155
422,365 249,340
Current assets
Debtors 137,160 110,763
Cash at bank and in hand 49,507 58,355
186,667 169,118
Creditors: amounts falling due within one year (227,216) (70,135)
Net current assets (liabilities) (40,549) 98,983
Total assets less current liabilities 381,816 348,323
Creditors: amounts falling due after more than one year (40,451) (89,088)
Total net assets (liabilities) 341,365 259,235
Capital and reserves
Called up share capital 1,000 1,000
Revaluation reserve 31,035 31,035
Profit and loss account 309,330 227,200
Shareholders' funds 341,365 259,235
  • For the year ending 31 July 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 18 February 2015

And signed on their behalf by:
Mr James Carson, Director

SHRED BANK LTD Registered Number NI065682

Notes to the Abbreviated Accounts for the period ended 31 July 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.

2Intangible fixed assets
£
Cost
At 1 August 2013 10,185
Additions -
Disposals -
Revaluations -
Transfers -
At 31 July 2014 10,185
Amortisation
At 1 August 2013 -
Charge for the year -
On disposals -
At 31 July 2014 -
Net book values
At 31 July 2014 10,185
At 31 July 2013 10,185
3Tangible fixed assets
£
Cost
At 1 August 2013 354,798
Additions 198,561
Disposals -
Revaluations -
Transfers -
At 31 July 2014 553,359
Depreciation
At 1 August 2013 115,643
Charge for the year 25,536
On disposals -
At 31 July 2014 141,179
Net book values
At 31 July 2014 412,180
At 31 July 2013 239,155