Abbreviated Company Accounts - SOUTH WESTERN PLASTICS LIMITED

SOUTH WESTERN PLASTICS LIMITED - Company Information

04464194 SOUTH WESTERN PLASTICS LIMITED 2014-05-31 false 2013-06-01 2014-05-31 true 04464194 2013-06-01 2014-05-31 04464194 2014-05-31 04464194 2013-05-31 04464194 uk-gaap-cd-bus:Director1 2013-06-01 2014-05-31 04464194 uk-gaap-cd-bus:Director2 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-31 iso4217:GBP shares

Registered Number 04464194

SOUTH WESTERN PLASTICS LIMITED

Abbreviated Accounts

31 May 2014

SOUTH WESTERN PLASTICS LIMITED Registered Number 04464194

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	19,602	20,866
		19,602	20,866
Current assets
Stocks		511	1,006
Debtors		9,437	10,540
Cash at bank and in hand		1,129	-
		11,077	11,546
Creditors: amounts falling due within one year		(28,544)	(31,339)
Net current assets (liabilities)		(17,467)	(19,793)
Total assets less current liabilities		2,135	1,073
Total net assets (liabilities)		2,135	1,073
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		1,135	73
Shareholders' funds		2,135	1,073

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:
Mr S Keating, Director

SOUTH WESTERN PLASTICS LIMITED Registered Number 04464194

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 represents the value, net of value added tax and discounts, of goods provided to
customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their
estimated useful lives.

Plant and machinery 5% Reducing Balance
Equipment, fixtures and fittings 15% Reducing Balance
Motor vehicles 25% Reducing Balance

2Tangible fixed assets

	£
Cost
At 1 June 2013	99,499
Additions	374
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	99,873
Depreciation
At 1 June 2013	78,633
Charge for the year	1,638
On disposals	-
At 31 May 2014	80,271
Net book values
At 31 May 2014	19,602
At 31 May 2013	20,866

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1,000 Ordinary shares of £1 each	1,000	1,000