LADDINGFORD GARAGE SERVICE L - Accounts 2014


Registered number: 08308390






LADDINGFORD GARAGE SERVICE LIMITED


ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014
























Prepared By:
Southworth and Co Ltd
Chartered Accountants
Woodlea
Four Elms
Edenbridge
TN8 6NE


LADDINGFORD GARAGE SERVICE LIMITED


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 31 March 2014

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 08308390


Registered Number: 08308390

BALANCE SHEET AT 31 MARCH 2014

			2014
	Notes		£

FIXED ASSETS
Tangible assets	2		1,988

CURRENT ASSETS
Stock		1,310
Debtors (amounts falling due within one year)		3,346
Cash at bank and in hand		3,455
		8,111
CREDITORS: Amounts falling due within one year		9,915
NET CURRENT LIABILITIES			(1,804)
TOTAL ASSETS LESS CURRENT LIABILITIES			184

CAPITAL AND RESERVES

Called up share capital	3		100
Profit and loss account			84
SHAREHOLDERS' FUNDS			184

For the year ending 31 March 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 4 July 2014 and signed on their behalf by




Kenneth Allen LEARY
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).




1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures and Fittings		reducing balance 15%




1d. Stocks
Stock and work in progress are valued at the lower of cost and and net realisable value, after due regard for obsolete and slow moving stocks.




1e. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




1f. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




3. SHARE CAPITAL				2014
				£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each				100
				100