Abbreviated Company Accounts - SHOLWAY LIMITED

01144857 SHOLWAY LIMITED 2014-11-26 false 2013-11-27 2014-11-26 true 01144857 2013-11-27 2014-11-26 01144857 2014-11-26 01144857 2013-11-26 01144857 uk-gaap-cd-bus:Director1 2013-11-27 2014-11-26 01144857 uk-gaap-cd-bus:Director2 2013-11-27 2014-11-26 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-27 2014-11-26 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-26 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-26 iso4217:GBP shares

Registered Number 01144857

SHOLWAY LIMITED

Abbreviated Accounts

26 November 2014

SHOLWAY LIMITED Registered Number 01144857

Abbreviated Balance Sheet as at 26 November 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	32,521	32,530
		32,521	32,530
Current assets
Cash at bank and in hand		25,557	18,954
		25,557	18,954
Creditors: amounts falling due within one year		(554)	(782)
Net current assets (liabilities)		25,003	18,172
Total assets less current liabilities		57,524	50,702
Creditors: amounts falling due after more than one year		(26,204)	(26,204)
Total net assets (liabilities)		31,320	24,498
Capital and reserves
Called up share capital	3	35	35
Profit and loss account		31,285	24,463
Shareholders' funds		31,320	24,498

For the year ending 26 November 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 6 March 2015

And signed on their behalf by:
D Clifford, Director

SHOLWAY LIMITED Registered Number 01144857

Notes to the Abbreviated Accounts for the period ended 26 November 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 amounts receivable for goods and servbices net of VAT and trade discounts.

Tangible assets depreciation policy
Land & buildings - Freehold Nil
Plant & machinery 15% on wdv
Fixtures, fittings and equipment 15% on wdv

Freehold buildings are depreciated to write down the cost less estimated residual value over their remaining useful life by annual instalments. Where buildings are maintained to such a standard that their residual value is not less than their cost or valuation, no depreciation is charged as it is not material.

2Tangible fixed assets

	£
Cost
At 27 November 2013	34,020
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 26 November 2014	34,020
Depreciation
At 27 November 2013	1,490
Charge for the year	9
On disposals	-
At 26 November 2014	1,499
Net book values
At 26 November 2014	32,521
At 26 November 2013	32,530

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

	2014 £	2013 £
35 Ordinary shares of £1 each	35	35