Accounts filed on 31-07-2014


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 31 July 2014

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 04453316


Registered Number: 04453316

BALANCE SHEET AT 31 JULY 2014

			2014		2013
	Notes		£		£

FIXED ASSETS
Tangible assets	2		12,685		16,060

CURRENT ASSETS
Stock		62,204		75,034
Debtors (amounts falling due within one year)	3	3,956		1,330
Cash at bank and in hand		711		912
		66,871		77,276
CREDITORS: Amounts falling due within one year		47,974		52,826
NET CURRENT ASSETS			18,897		24,450
TOTAL ASSETS LESS CURRENT LIABILITIES			31,582		40,510

CAPITAL AND RESERVES

Called up share capital	4		100		100
Profit and loss account			31,482		40,410
SHAREHOLDERS' FUNDS			31,582		40,510

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 27 April 2015 and signed on their behalf by




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

Plant and Machinery		15%
Fixtures and Fittings		15%
Equipment		15%
Motor Cars		25%



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



1d. 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.



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



3. DEBTORS	2014	2013
	£	£

Amounts falling due within one year:
Trade debtors	3,151	545
Other debtors	805	785
	3,956	1,330



4. SHARE CAPITAL	2014	2013
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100