Abbreviated Company Accounts - SANKEY BATHROOM & PLUMBING SUPPLIES LIMITED

SANKEY HEATING & PLUMBING SUPPLIES LTD - Company Information

Registered Number 05874167

SANKEY BATHROOM & PLUMBING SUPPLIES LIMITED

Abbreviated Accounts

30 November 2013

SANKEY BATHROOM & PLUMBING SUPPLIES LIMITED Registered Number 05874167

Abbreviated Balance Sheet as at 30 November 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	422	1,621
		422	1,621
Current assets
Stocks		36,918	43,849
Debtors		53,148	94,244
Cash at bank and in hand		81,982	71,725
		172,048	209,818
Creditors: amounts falling due within one year		(122,677)	(170,499)
Net current assets (liabilities)		49,371	39,319
Total assets less current liabilities		49,793	40,940
Total net assets (liabilities)		49,793	40,940
Capital and reserves
Called up share capital		1	1
Profit and loss account		49,792	40,939
Shareholders' funds		49,793	40,940

For the year ending 30 November 2013 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 July 2014

And signed on their behalf by:
Paul Sankey, Director

SANKEY BATHROOM & PLUMBING SUPPLIES LIMITED Registered Number 05874167

Notes to the Abbreviated Accounts for the period ended 30 November 2013

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 value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

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

Fixtures & fittings 15% reducing balance
Plant and machinery 25% straight line
Motor vehicles 25% straight line

2Tangible fixed assets

	£
Cost
At 1 December 2012	5,787
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2013	5,787
Depreciation
At 1 December 2012	4,166
Charge for the year	1,199
On disposals	-
At 30 November 2013	5,365
Net book values
At 30 November 2013	422
At 30 November 2012	1,621