Abbreviated Company Accounts - ABERDEEN GLASSFIBRE LIMITED

Abbreviated Company Accounts - ABERDEEN GLASSFIBRE LIMITED

ABERDEEN GLASSFIBRE LIMITED - Company Information

Print Friendly Version

Registered Number SC223860

ABERDEEN GLASSFIBRE LIMITED

Abbreviated Accounts

30 November 2013

ABERDEEN GLASSFIBRE LIMITED Registered Number SC223860

Abbreviated Balance Sheet as at 30 November 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 802 1,003
802 1,003
Current assets
Stocks 2,000 2,000
Debtors 7,265 6,372
Cash at bank and in hand 3,213 2,698
12,478 11,070
Creditors: amounts falling due within one year (10,464) (11,118)
Net current assets (liabilities) 2,014 (48)
Total assets less current liabilities 2,816 955
Provisions for liabilities (160) (200)
Total net assets (liabilities) 2,656 755
Capital and reserves
Called up share capital 2 2
Profit and loss account 2,654 753
Shareholders' funds 2,656 755
  • For the year ending 30 November 2013 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 25 August 2014

And signed on their behalf by:
Dorothy Smart, Director

ABERDEEN GLASSFIBRE LIMITED Registered Number SC223860

Notes to the Abbreviated Accounts for the period ended 30 November 2013

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 amounts invoiced in the year exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of the asset as follows:

Plant & Machinery - 20% reducing balance

2Tangible fixed assets
£
Cost
At 1 December 2012 3,478
Additions -
Disposals -
Revaluations -
Transfers -
At 30 November 2013 3,478
Depreciation
At 1 December 2012 2,475
Charge for the year 201
On disposals -
At 30 November 2013 2,676
Net book values
At 30 November 2013 802
At 30 November 2012 1,003