Integraflex (Yorkshire) Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07943838 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

INTEGRAFLEX (YORKSHIRE) LTD

Page

Company Information

1

Report of the Accountants

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

5

DIRECTORS:

P Richardson

DA Wade

G Rowley

SECRETARY:

REGISTERED OFFICE:

87 Willows Court

Teeside Industrial Estate

Thornaby

Stockton-On-Tees

Cleveland

TS17 9PP

REGISTERED NUMBER:

07943838 (England and Wales)

ACCOUNTANTS:

J D Mercer & Co

Chartered Accountants

9 Chapel Street

Poulton-le-Fylde

Lancashire

FY6 7BQ

BANKERS:

Handelsbanken

Winckley Chambers

30 Winckley Square

Preston

PR1 3JJ

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to six)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2014 set out on pages four to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

J D Mercer & Co

Chartered Accountants

9 Chapel Street

Poulton-le-Fylde

Lancashire

FY6 7BQ

13 March 2015

FIXED ASSETS

Tangible assets

2

38,912

35,204

CURRENT ASSETS

Stocks

97,693

77,826

Debtors

173,686

186,036

Cash at bank and in hand

16,645

27,721

288,024

291,583

CREDITORS

Amounts falling due within one year

251,535

268,124

NET CURRENT ASSETS

36,489

23,459

TOTAL ASSETS LESS CURRENT LIABILITIES

75,401

58,663

CREDITORS

Amounts falling due after more than one year

6,643

5,458

NET ASSETS

68,758

53,205

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

68,658

53,105

SHAREHOLDERS' FUNDS

68,758

53,205

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 13 March 2015 and were signed on its behalf by:

P Richardson - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

45,024

Additions

9,700

At 31 December 2014

54,724

DEPRECIATION

At 1 January 2014

9,820

Charge for year

5,992

At 31 December 2014

15,812

NET BOOK VALUE

At 31 December 2014

38,912

At 31 December 2013

35,204

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/14

31/12/13

value:

£

£

100

Ordinary

1.00

100

100