Abbreviated Company Accounts - TOTAL REFURB ALLOYS LTD

TOTAL REFURB ALLOYS LTD - Company Information

08732078 TOTAL REFURB ALLOYS LTD 2014-10-31 false 2013-10-15 2014-10-31 true 08732078 2013-10-15 2014-10-31 08732078 2014-10-31 08732078 uk-gaap-cd-bus:Director1 2013-10-15 2014-10-31 08732078 uk-gaap-cd-bus:Director2 2013-10-15 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-15 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 iso4217:GBP shares

Registered Number 08732078

TOTAL REFURB ALLOYS LTD

Abbreviated Accounts

31 October 2014

TOTAL REFURB ALLOYS LTD Registered Number 08732078

Abbreviated Balance Sheet as at 31 October 2014

	Notes	2014
		£
Fixed assets
Tangible assets	2	45,658
		45,658
Current assets
Debtors		49,338
Cash at bank and in hand		28,000
		77,338
Creditors: amounts falling due within one year		(46,728)
Net current assets (liabilities)		30,610
Total assets less current liabilities		76,268
Creditors: amounts falling due after more than one year		(31,026)
Total net assets (liabilities)		45,242
Capital and reserves
Called up share capital	3	100
Profit and loss account		45,142
Shareholders' funds		45,242

For the year ending 31 October 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 29 April 2015

And signed on their behalf by:
Mr N Smith, Director

TOTAL REFURB ALLOYS LTD Registered Number 08732078

Notes to the Abbreviated Accounts for the period ended 31 October 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 amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment 20% on a straight line basis
Motor vehicles 25% on a straight line basis

Other accounting policies
Leasing and hire purchase commitments

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

2Tangible fixed assets

	£
Cost
Additions	60,707
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2014	60,707
Depreciation
Charge for the year	15,049
On disposals	-
At 31 October 2014	15,049
Net book values
At 31 October 2014	45,658

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

	2014 £
1 Ordinary shares of £100 each	100