John Clulow (Frames) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04622080 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

JOHN CLULOW (FRAMES) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr J M Clulow

SECRETARY:

Mr P H Ellis

REGISTERED OFFICE:

3 North Street

Oadby

LEICESTER

Leicestershire

LE2 5AH

REGISTERED NUMBER:

04622080 (England and Wales)

ACCOUNTANTS:

Kingsmead Accounting Ltd

Chartered Accountants

3 North Street

Oadby

LEICESTER

Leicestershire

LE2 5AH

FIXED ASSETS

Tangible assets

2

914

952

CURRENT ASSETS

Debtors

6,801

17,221

Cash at bank

5,473

3,218

12,274

20,439

CREDITORS

Amounts falling due within one year

11,334

9,165

NET CURRENT ASSETS

940

11,274

TOTAL ASSETS LESS CURRENT LIABILITIES

1,854

12,226

PROVISIONS FOR LIABILITIES

183

190

NET ASSETS

1,671

12,036

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

1,670

12,035

SHAREHOLDERS' FUNDS

1,671

12,036

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 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 22 May 2015 and were signed by:

Mr J M Clulow - 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 January 2014

3,837

Additions

267

At 31 December 2014

4,104

DEPRECIATION

At 1 January 2014

2,885

Charge for year

305

At 31 December 2014

3,190

NET BOOK VALUE

At 31 December 2014

914

At 31 December 2013

952

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Ordinary

£1

1

1