Allied Conductors Limited - Limited company - abbreviated - 11.6
Allied Conductors Limited - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts |
for the Year Ended 30 September 2014 |
for |
Allied Conductors Limited |
Allied Conductors Limited (Registered number: 08233285) |
Contents of the Abbreviated Accounts |
for the Year Ended 30 September 2014 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
Allied Conductors Limited |
Company Information |
for the Year Ended 30 September 2014 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Allied Conductors Limited (Registered number: 08233285) |
Abbreviated Balance Sheet |
30 September 2014 |
30.9.14 | 30.9.13 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
Allied Conductors Limited (Registered number: 08233285) |
Abbreviated Balance Sheet - continued |
30 September 2014 |
The financial statements were approved by the Board of Directors on |
Allied Conductors Limited (Registered number: 08233285) |
Notes to the Abbreviated Accounts |
for the Year Ended 30 September 2014 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance with the |
Financial Reporting Standard for Smaller Entities (effective April 2008). |
Turnover |
Revenue from the sale of goods shall be recognised when all the following conditions have been satisfied: |
- the entity has transferred to the buyer the significant risks and rewards of ownership of the goods; |
- the entity retains neither continuing managerial involvement to the degree usually associated with ownership |
nor effective control over the goods sold; |
- the amount of revenue can be measured reliably; |
- it is probable that the economic benefits associated with the transaction will flow to the entity; |
- the costs incurred or to be incurred in respect of the transaction can be measured reliably. |
Revenue from the sale of goods is generally recognised when they are handed over to the transport firms which, |
under the terms of current contracts, mark the time when the above risks and rewards are transferred. |
Revenue is not recognised if its recoverability is considered to be uncertain. |
Revenue is stated net of discounts, allowances, rebates and returns, and does not include the proceeds from the |
disposal of raw materials and scrap. |
Revenue includes also minor cost connected with the sales process, such as certification ,recoveries of cost of |
transport, packaging, insurances etc |
Revenue for services rendered is recorded in the profit & loss when the service has been provided to the |
customer. |
Tangible fixed assets |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
moving items. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
scheme are charged to the profit and loss account in the period to which they relate. |
Allied Conductors Limited (Registered number: 08233285) |
Notes to the Abbreviated Accounts - continued |
for the Year Ended 30 September 2014 |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
Additions |
At 30 September 2014 |
DEPRECIATION |
Charge for year |
At 30 September 2014 |
NET BOOK VALUE |
At 30 September 2014 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.9.14 | 30.9.13 |
value: | £ | £ |
Ordinary | £1 |
4. | ULTIMATE CONTROLLING PARTY |
The controlling party is |