Eveque Leisure Equipment Limited - Limited company - abbreviated

REGISTERED NUMBER: 01475034 (England and Wales)

Abbreviated Accounts

for the Year Ended 30 November 2014

for

Eveque Leisure Equipment Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

T G Bunner

I J Bunner

SECRETARY:

T G Bunner

REGISTERED OFFICE:

Unit 11, Wincham Avenue

Northwich

Cheshire

CW9 6GB

REGISTERED NUMBER:

01475034 (England and Wales)

ACCOUNTANTS:

Sloan & Co.

Chartered Accountants

Granite Buildings

6 Stanley Street

Liverpool

Merseyside

L1 6AF

FIXED ASSETS

Tangible assets

2

26,353

27,292

CURRENT ASSETS

Stocks

234,082

222,399

Debtors

436,774

450,805

Cash at bank and in hand

1,755

797

672,611

674,001

CREDITORS

Amounts falling due within one year

536,608

550,582

NET CURRENT ASSETS

136,003

123,419

TOTAL ASSETS LESS CURRENT
LIABILITIES

162,356

150,711

CREDITORS

Amounts falling due after more than one
year

3

16,538

25,590

NET ASSETS

145,818

125,121

CAPITAL AND RESERVES

Called up share capital

4

3,350

Capital redemption reserve

1,650

Profit and loss account

140,818

120,121

SHAREHOLDERS' FUNDS

145,818

125,121

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 26 May 2015 and were signed on its behalf by:

T G Bunner - 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

10% on cost

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2013

190,585

Additions

11,326

At 30 November 2014

201,911

DEPRECIATION

At 1 December 2013

163,293

Charge for year

12,265

At 30 November 2014

175,558

NET BOOK VALUE

At 30 November 2014

26,353

At 30 November 2013

27,292

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

2014

2013

£

Repayable otherwise than by instalments

10,000

22,000

Details of shares shown as liabilities are as follows:

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

10,000

Preference-6%

£1

10,000

22,000

(2013 - 22,000 )

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

6,700

Ordinary

£0.50

3,350

Eveque Leisure Equipment Limited - Limited company - abbreviated - 11.6

Eveque Leisure Equipment Limited - Limited company - abbreviated - 11.6