Abbreviated Company Accounts - AREA RUGS AND CARPETS LIMITED

AREA RUGS AND CARPETS LIMITED - Company Information

04560550 AREA RUGS AND CARPETS LIMITED 2014-10-31 false 2013-11-01 2014-10-31 true 04560550 2013-11-01 2014-10-31 04560550 2014-10-31 04560550 2013-10-31 04560550 uk-gaap-cd-bus:Director1 2013-11-01 2014-10-31 04560550 uk-gaap-cd-bus:Director2 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-31 iso4217:GBP shares

Registered Number 04560550

AREA RUGS AND CARPETS LIMITED

Abbreviated Accounts

31 October 2014

AREA RUGS AND CARPETS LIMITED Registered Number 04560550

Abbreviated Balance Sheet as at 31 October 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	801	975
		801	975
Current assets
Stocks		1,815	1,040
Debtors		8,735	1,657
Cash at bank and in hand		25,732	675
		36,282	3,372
Creditors: amounts falling due within one year		(32,335)	(8,713)
Net current assets (liabilities)		3,947	(5,341)
Total assets less current liabilities		4,748	(4,366)
Total net assets (liabilities)		4,748	(4,366)
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		4,747	(4,367)
Shareholders' funds		4,748	(4,366)

For the year ending 31 October 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 12 March 2015

And signed on their behalf by:
Mr A Warburton, Director

AREA RUGS AND CARPETS LIMITED Registered Number 04560550

Notes to the Abbreviated Accounts for the period ended 31 October 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 services net of VAT and trade discounts.

2Tangible fixed assets

	£
Cost
At 1 November 2013	9,139
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2014	9,139
Depreciation
At 1 November 2013	8,164
Charge for the year	174
On disposals	-
At 31 October 2014	8,338
Net book values
At 31 October 2014	801
At 31 October 2013	975

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

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