Homestyle Carpets Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 05280101

Abbreviated Unaudited Accounts for the Year Ended 30 November 2013

for

Homestyle Carpets Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

W McAbe

SECRETARY:

Forte Ltd

REGISTERED OFFICE:

Richmond House

134-136 New Hall Lane

Preston

Lancashire

PR1 4DX

REGISTERED NUMBER:

05280101

ACCOUNTANTS:

Forte Accountants & Business Advisors

Richmond House

134-136 New Hall Lane

Preston

Lancashire

PR1 4DX

FIXED ASSETS

Tangible assets

2

926

1,234

CURRENT ASSETS

Debtors

-

37

Cash at bank

317

1,452

317

1,489

CREDITORS

Amounts falling due within one year

1,431

1,451

NET CURRENT (LIABILITIES)/ASSETS

(1,114

)

38

TOTAL ASSETS LESS CURRENT LIABILITIES

(188

)

1,272

CREDITORS

Amounts falling due after more than one year

5,989

7,939

NET LIABILITIES

(6,177

)

(6,667

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

(6,178

)

(6,668

)

SHAREHOLDERS' FUNDS

(6,177

)

(6,667

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 27 August 2014 and were signed by:

W McAbe - 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.

Plant and machinery etc

-

25% on reducing balance

Deferred tax

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

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2012

and 30 November 2013

2,402

DEPRECIATION

At 1 December 2012

1,168

Charge for year

308

At 30 November 2013

1,476

NET BOOK VALUE

At 30 November 2013

926

At 30 November 2012

1,234

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.13

30.11.12

value:

£

£

1

Ordinary

1

1

1