Abbreviated Company Accounts - CLARKE DEMOLITION COMPANY LIMITED

Abbreviated Company Accounts - CLARKE DEMOLITION COMPANY LIMITED

CLARKE DEMOLITION COMPANY LIMITED - Company Information

Print Friendly Version

Registered Number 06994905

CLARKE DEMOLITION COMPANY LIMITED

Abbreviated Accounts

30 September 2014

CLARKE DEMOLITION COMPANY LIMITED Registered Number 06994905

Abbreviated Balance Sheet as at 30 September 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 900 1,050
Tangible assets 3 718,121 512,592
719,021 513,642
Current assets
Stocks 57,000 50,300
Debtors 493,321 354,610
Cash at bank and in hand 26,865 1,945
577,186 406,855
Creditors: amounts falling due within one year (695,462) (555,494)
Net current assets (liabilities) (118,276) (148,639)
Total assets less current liabilities 600,745 365,003
Creditors: amounts falling due after more than one year (194,618) (71,014)
Provisions for liabilities (79,169) (55,452)
Total net assets (liabilities) 326,958 238,537
Capital and reserves
Called up share capital 100 100
Profit and loss account 326,858 238,437
Shareholders' funds 326,958 238,537
  • 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 25 June 2015

And signed on their behalf by:
D Clarke, Director

CLARKE DEMOLITION COMPANY LIMITED Registered Number 06994905

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 value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 20% straight line
Motor vehicles 25% straight line

Intangible assets amortisation policy
Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.

2Intangible fixed assets
£
Cost
At 1 October 2013 1,500
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2014 1,500
Amortisation
At 1 October 2013 450
Charge for the year 150
On disposals -
At 30 September 2014 600
Net book values
At 30 September 2014 900
At 30 September 2013 1,050
3Tangible fixed assets
£
Cost
At 1 October 2013 731,885
Additions 302,158
Disposals (26,169)
Revaluations -
Transfers -
At 30 September 2014 1,007,874
Depreciation
At 1 October 2013 219,293
Charge for the year 71,460
On disposals (1,000)
At 30 September 2014 289,753
Net book values
At 30 September 2014 718,121
At 30 September 2013 512,592