Abbreviated Company Accounts - EGL PURACITE LIMITED

EGL PURACITE LIMITED - Company Information

Registered Number 04962402

EGL PURACITE LIMITED

Abbreviated Accounts

31 December 2014

EGL PURACITE LIMITED Registered Number 04962402

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	91,626	105,538
		91,626	105,538
Current assets
Stocks		439,428	309,430
Debtors		611,265	752,283
Cash at bank and in hand		21,283	54,831
		1,071,976	1,116,544
Creditors: amounts falling due within one year		(509,606)	(501,613)
Net current assets (liabilities)		562,370	614,931
Total assets less current liabilities		653,996	720,469
Creditors: amounts falling due after more than one year		-	(17,800)
Total net assets (liabilities)		653,996	702,669
Capital and reserves
Called up share capital		100,000	100,000
Profit and loss account		553,996	602,669
Shareholders' funds		653,996	702,669

For the year ending 31 December 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 2 June 2015

And signed on their behalf by:
Amanda Mines, Director

EGL PURACITE LIMITED Registered Number 04962402

Notes to the Abbreviated Accounts for the period ended 31 December 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 the total invoice value, excluding value added tax, of sales made during the year

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Plant and machinery - 20-25% straight line
Fixtures, fittingsand equipment - 25% straight line
Motor vehicles - 25% straight line

2Tangible fixed assets

	£
Cost
At 1 January 2014	243,241
Additions	15,974
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	259,215
Depreciation
At 1 January 2014	137,703
Charge for the year	29,886
On disposals	-
At 31 December 2014	167,589
Net book values
At 31 December 2014	91,626
At 31 December 2013	105,538