Abbreviated Company Accounts - REED LOFTS LIMITED

REED LOFTS LIMITED - Company Information

05519255 REED LOFTS LIMITED 2014-07-31 false 2013-08-01 2014-07-31 true 05519255 2013-08-01 2014-07-31 05519255 2014-07-31 05519255 2013-07-31 05519255 uk-gaap-cd-bus:Director1 2013-08-01 2014-07-31 05519255 uk-gaap-cd-bus:Director2 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-31 iso4217:GBP shares

Registered Number 05519255

REED LOFTS LIMITED

Abbreviated Accounts

31 July 2014

REED LOFTS LIMITED Registered Number 05519255

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	3,826	3,174
		3,826	3,174
Current assets
Debtors		7,080	5,129
Cash at bank and in hand		111,013	116,183
		118,093	121,312
Creditors: amounts falling due within one year		(38,211)	(37,038)
Net current assets (liabilities)		79,882	84,274
Total assets less current liabilities		83,708	87,448
Total net assets (liabilities)		83,708	87,448
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		83,706	87,446
Shareholders' funds		83,708	87,448

For the year ending 31 July 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 7 April 2015

And signed on their behalf by:
T Reed, Director

REED LOFTS LIMITED Registered Number 05519255

Notes to the Abbreviated Accounts for the period ended 31 July 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 the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of services falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows:
Fixtures, fittings and equipment - 25% reducing balance basis.

2Tangible fixed assets

	£
Cost
At 1 August 2013	12,490
Additions	1,927
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	14,417
Depreciation
At 1 August 2013	9,316
Charge for the year	1,275
On disposals	-
At 31 July 2014	10,591
Net book values
At 31 July 2014	3,826
At 31 July 2013	3,174

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

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2