| OGS Floor Screeding Limited |
| Registered number: |
07843563 |
| Abbreviated Balance Sheet |
| as at 30 November 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
140,571 |
|
|
115,211 |
|
| Current assets |
| Stocks |
|
|
50,000 |
|
|
90,000 |
| Debtors |
|
|
173,439 |
|
|
147,929 |
| Cash at bank and in hand |
|
|
86,787 |
|
|
70,486 |
|
|
|
310,226 |
|
|
308,415 |
|
| Creditors: amounts falling due within one year |
|
|
(355,844) |
|
|
(341,494) |
|
| Net current liabilities |
|
|
|
(45,618) |
|
|
(33,079) |
|
| Net assets |
|
|
|
94,953 |
|
|
82,132 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
10 |
|
|
10 |
| Profit and loss account |
|
|
|
94,943 |
|
|
82,122 |
|
| Shareholders' funds |
|
|
|
94,953 |
|
|
82,132 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mr Ozvaldes Galinis |
| Director |
| Approved by the board on 31 March 2015 |
|
| OGS Floor Screeding Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 30 November 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
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. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
25% reducing balance |
|
Motor vehicles |
25% reducing balance |
|
Fixtures and fittings |
25% reducing balance |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 December 2013 |
175,361 |
|
Additions |
88,284 |
|
Disposals |
(16,067) |
|
At 30 November 2014 |
247,578 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 December 2013 |
60,150 |
|
Charge for the year |
46,857 |
|
At 30 November 2014 |
107,007 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 November 2014 |
140,571 |
|
At 30 November 2013 |
115,211 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
- |
|
10 |
|
10 |
|
|
|
|
|
|
|
|
|
