Fab-Bricks Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08204420 (England and Wales)

Abbreviated Accounts

for the Year Ended 30 September 2014

for

Fab-Bricks Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S J Garraway

Mrs S Garraway

REGISTERED OFFICE:

62 Bristol Road

Chippenham

Wiltshire

SN15 1NS

REGISTERED NUMBER:

08204420 (England and Wales)

ACCOUNTANTS:

Mander Duffill

Chartered Accountants

65 St Mary Street

Chippenham

Wiltshire

SN15 3JF

FIXED ASSETS

Tangible assets

2

15,743

1,762

CURRENT ASSETS

Stocks

4,700

480

Debtors

148

-

Cash at bank

7,589

2,812

12,437

3,292

CREDITORS

Amounts falling due within one year

12,009

4,351

NET CURRENT ASSETS/(LIABILITIES)

428

(1,059

)

TOTAL ASSETS LESS CURRENT LIABILITIES

16,171

703

CREDITORS

Amounts falling due after more than one year

(4,127

)

-

PROVISIONS FOR LIABILITIES

(3,149

)

(352

)

NET ASSETS

8,895

351

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

8,795

251

SHAREHOLDERS' FUNDS

8,895

351

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 29 June 2015 and were signed on its behalf by:

S J Garraway - 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.

Improvements to property

-

4% on cost

Plant and machinery

-

20% on reducing balance

Computer equipment

-

25% 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.

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 October 2013

2,249

Additions

17,950

At 30 September 2014

20,199

DEPRECIATION

At 1 October 2013

487

Charge for year

3,969

At 30 September 2014

4,456

NET BOOK VALUE

At 30 September 2014

15,743

At 30 September 2013

1,762

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.14

30.9.13

value:

£

£

100

Ordinary

£1

100

100