Abbreviated Company Accounts - MCCABES FINE FURNISHINGS LTD

MCCABES FINE FURNISHINGS LTD - Company Information

NI614544 MCCABES FINE FURNISHINGS LTD 2014-09-30 false 2013-10-01 2014-09-30 true NI614544 2013-10-01 2014-09-30 NI614544 2014-09-30 NI614544 2013-09-30 NI614544 uk-gaap-cd-bus:Director1 2013-10-01 2014-09-30 NI614544 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 NI614544

MCCABES FINE FURNISHINGS LTD

Abbreviated Accounts

30 September 2014

MCCABES FINE FURNISHINGS LTD Registered Number NI614544

Abbreviated Balance Sheet as at 30 September 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	37,687	46,850
		37,687	46,850
Current assets
Stocks		119,816	50,393
Debtors		200,698	212,651
Cash at bank and in hand		1,141	1,361
		321,655	264,405
Creditors: amounts falling due within one year		(358,849)	(311,003)
Net current assets (liabilities)		(37,194)	(46,598)
Total assets less current liabilities		493	252
Total net assets (liabilities)		493	252
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		393	152
Shareholders' funds		493	252

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 26 June 2015

And signed on their behalf by:
Mr John R McCabe, Director

MCCABES FINE FURNISHINGS LTD Registered Number NI614544

Notes to the Abbreviated Accounts for the period ended 30 September 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention and in accordance with the Companies Act 2006 and the Financial Reporting Standard for Smaller Entities effective April 2008. The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Turnover policy
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows:
Plant and machinery - 20% reducing balance
Fixtures, fittings and equipment - 20% reducing balance
Motor vehicles - 20% reducing balance

2Tangible fixed assets

	£
Cost
At 1 October 2013	58,563
Additions	258
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2014	58,821
Depreciation
At 1 October 2013	11,713
Charge for the year	9,421
On disposals	-
At 30 September 2014	21,134
Net book values
At 30 September 2014	37,687
At 30 September 2013	46,850

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

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100