Shefford Building Supplies Limited - Limited company - abbreviated - 11.6
Shefford Building Supplies Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| SHEFFORD BUILDING SUPPLIES LIMITED |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 30 JUNE 2014 |
| SHEFFORD BUILDING SUPPLIES LIMITED (REGISTERED NUMBER: 01121804) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| For The Year Ended 30 June 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 | to | 3 |
| Notes to the Abbreviated Accounts | 4 | to | 5 |
| SHEFFORD BUILDING SUPPLIES LIMITED |
| COMPANY INFORMATION |
| For The Year Ended 30 June 2014 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| SHEFFORD BUILDING SUPPLIES LIMITED (REGISTERED NUMBER: 01121804) |
| ABBREVIATED BALANCE SHEET |
| 30 June 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 3 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
3 |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Other reserves |
| 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. |
| SHEFFORD BUILDING SUPPLIES LIMITED (REGISTERED NUMBER: 01121804) |
| ABBREVIATED BALANCE SHEET - continued |
| 30 June 2014 |
| The financial statements were approved by the Board of Directors on |
| SHEFFORD BUILDING SUPPLIES LIMITED (REGISTERED NUMBER: 01121804) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| For The Year Ended 30 June 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 |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Tangible fixed assets |
| Buildings | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| 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. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and |
| depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are |
| included in creditors net of the finance charge allocated to future periods. The finance element of the rental |
| payment is charged to the profit and loss account so as to produce constant periodic rates of charge on the net |
| obligations outstanding in each period. |
| Rental payable under the operating leases are charged against income on a straight line basis over the lease |
| term. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 July 2013 |
| Additions |
| Disposals | ( |
) |
| At 30 June 2014 |
| DEPRECIATION |
| At 1 July 2013 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 30 June 2014 |
| NET BOOK VALUE |
| At 30 June 2014 |
| At 30 June 2013 |
| 3. | CREDITORS |
| Creditors include an amount of £ |
| SHEFFORD BUILDING SUPPLIES LIMITED (REGISTERED NUMBER: 01121804) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| For The Year Ended 30 June 2014 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary | £1 |
| 5. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 30 June 2014 and |
| 30 June 2013: |
| 2014 | 2013 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Balance outstanding at end of year | ( |
) |
| Directors borrowings are interest free. |
| 6. | RELATED PARTY DISCLOSURES |
| The director, Mr T Bird, and the wife of director Mr A E Bird, are shareholders. Dividends of £25,500 (2013 - |
| £18,000) were paid during the year. |