Abbreviated Company Accounts - R & S (STAMFORD) LIMITED

Abbreviated Company Accounts - R & S (STAMFORD) LIMITED

R & S (STAMFORD) LIMITED - Company Information

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Registered Number 07632958

R & S (STAMFORD) LIMITED

Abbreviated Accounts

31 May 2014

R & S (STAMFORD) LIMITED Registered Number 07632958

Abbreviated Balance Sheet as at 31 May 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 14,506 14,256
14,506 14,256
Current assets
Stocks 20,910 21,460
Debtors 36,529 38,256
Cash at bank and in hand 94 214
57,533 59,930
Creditors: amounts falling due within one year (58,535) (58,853)
Net current assets (liabilities) (1,002) 1,077
Total assets less current liabilities 13,504 15,333
Total net assets (liabilities) 13,504 15,333
Capital and reserves
Called up share capital 100 100
Profit and loss account 13,404 15,233
Shareholders' funds 13,504 15,333
  • 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 27 February 2015

And signed on their behalf by:
R Growcott, Director

R & S (STAMFORD) LIMITED Registered Number 07632958

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.

Turnover policy
Turnover comprises the invoiced value of goods and services supplied by the company, net of VAT

Tangible assets depreciation policy
Depreciation is provided to write of each asset over its expected useful life

2Tangible fixed assets
£
Cost
At 1 June 2013 14,983
Additions 250
Disposals -
Revaluations -
Transfers -
At 31 May 2014 15,233
Depreciation
At 1 June 2013 727
Charge for the year -
On disposals -
At 31 May 2014 727
Net book values
At 31 May 2014 14,506
At 31 May 2013 14,256