Abbreviated Company Accounts - NEATWOOD HOMES LIMITED

NEATWOOD HOMES LIMITED - Company Information

02679280 NEATWOOD HOMES LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 02679280 2014-01-01 2014-12-31 02679280 2014-12-31 02679280 2013-12-31 02679280 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 02679280 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 02679280

NEATWOOD HOMES LIMITED

Abbreviated Accounts

31 December 2014

NEATWOOD HOMES LIMITED Registered Number 02679280

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	65,505	55,051
		65,505	55,051
Current assets
Stocks		87,651	96,129
Debtors		75,061	137,090
Cash at bank and in hand		171,114	230,579
		333,826	463,798
Creditors: amounts falling due within one year		(330,897)	(495,310)
Net current assets (liabilities)		2,929	(31,512)
Total assets less current liabilities		68,434	23,539
Total net assets (liabilities)		68,434	23,539
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		68,334	23,439
Shareholders' funds		68,434	23,539

For the year ending 31 December 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 30 March 2015

And signed on their behalf by:
E A Evans, Director

NEATWOOD HOMES LIMITED Registered Number 02679280

Notes to the Abbreviated Accounts for the period ended 31 December 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 goods 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:

Plant and machinery 15% written down value
Fixtures, fittings and equipment 10% written down value
Motor vehicles 25% straight line
Property Improvements 4% cost

2Tangible fixed assets

	£
Cost
At 1 January 2014	231,891
Additions	19,877
Disposals	(12,707)
Revaluations	-
Transfers	-
At 31 December 2014	239,061
Depreciation
At 1 January 2014	176,840
Charge for the year	9,148
On disposals	(12,432)
At 31 December 2014	173,556
Net book values
At 31 December 2014	65,505
At 31 December 2013	55,051

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

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100