Abbreviated Company Accounts - SHOTLEY JOINERY LIMITED

SHOTLEY JOINERY LIMITED - Company Information

07022791 SHOTLEY JOINERY LIMITED 2014-09-30 false 2013-10-01 2014-09-30 true 07022791 2013-10-01 2014-09-30 07022791 2014-09-30 07022791 2013-09-30 07022791 uk-gaap-cd-bus:Director1 2013-10-01 2014-09-30 07022791 uk-gaap-cd-bus:Director2 2013-10-01 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-01 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-30 iso4217:GBP shares

Registered Number 07022791

SHOTLEY JOINERY LIMITED

Abbreviated Accounts

30 September 2014

SHOTLEY JOINERY LIMITED Registered Number 07022791

Abbreviated Balance Sheet as at 30 September 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	16,215	20,427
		16,215	20,427
Current assets
Stocks		9,100	5,000
Debtors		1,564	1,455
Cash at bank and in hand		59,842	71,298
		70,506	77,753
Creditors: amounts falling due within one year		(23,062)	(37,996)
Net current assets (liabilities)		47,444	39,757
Total assets less current liabilities		63,659	60,184
Provisions for liabilities		(3,243)	(4,076)
Total net assets (liabilities)		60,416	56,108
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		60,415	56,107
Shareholders' funds		60,416	56,108

For the year ending 30 September 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 15 June 2015

And signed on their behalf by:
P E Grieve, Director

SHOTLEY JOINERY LIMITED Registered Number 07022791

Notes to the Abbreviated Accounts for the period ended 30 September 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 and derives from the provision of goods falling within the company's ordinary activities.

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 - 15% reducing balance
Motor vehicles - 25% reducing balance

Other accounting policies
Stock
Stock is valued at the lower of cost and net realisable value.

Pensions
The pension costs charged in the financial statements represent the contribution payable by the company during the year.

Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more, tax.

2Tangible fixed assets

	£
Cost
At 1 October 2013	37,831
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2014	37,831
Depreciation
At 1 October 2013	17,404
Charge for the year	4,212
On disposals	-
At 30 September 2014	21,616
Net book values
At 30 September 2014	16,215
At 30 September 2013	20,427

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

	2014 £	2013 £
1 Ordinary shares of £1 each	1	1