Elite Carpentry & Maintenance Ltd - Limited company - abbreviated - 11.6
Elite Carpentry & Maintenance Ltd - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
ELITE CARPENTRY & MAINTENANCE LTD |
ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2014 |
ELITE CARPENTRY & MAINTENANCE LTD (REGISTERED NUMBER: 04961011) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 30 NOVEMBER 2014 |
Page |
Abbreviated Balance Sheet | 1 |
Notes to the Abbreviated Accounts | 3 |
Report of the Accountants | 5 |
ELITE CARPENTRY & MAINTENANCE LTD (REGISTERED NUMBER: 04961011) |
ABBREVIATED BALANCE SHEET |
30 NOVEMBER 2014 |
2014 | 2013 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 2 |
Tangible assets | 3 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
( |
) | ( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
The director acknowledges his 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. |
ELITE CARPENTRY & MAINTENANCE LTD (REGISTERED NUMBER: 04961011) |
ABBREVIATED BALANCE SHEET - continued |
30 NOVEMBER 2014 |
The financial statements were approved by the director on |
ELITE CARPENTRY & MAINTENANCE LTD (REGISTERED NUMBER: 04961011) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 30 NOVEMBER 2014 |
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 the revenue generated from the sale of goods and services. Revenue is measured at the fair |
value of the consideration received and receivable excluding value added tax. |
Sales of goods are recognised when the company has delivered the products to the customer and the customer |
has accepted the products. Revenue from services is recognised when the services have been provided and the |
contractual right to consideration has been earned. For incomplete contracts an assessment is made of the extent |
to which revenue has been earned. |
Goodwill |
Tangible fixed assets |
Plant and machinery | - |
Motor vehicles | - |
Computer equipment | - |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
Hire purchase and leasing commitments |
Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and |
rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and |
depreciated over their estimated useful lives. |
The interest element of the rental obligations is charged to the profit and loss account over the period of the lease |
and represents a constant proportion of the balance of capital repayments outstanding. |
Rentals paid under operating leases are charged to income on a straight line basis over the lease term. |
2. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 December 2013 |
and 30 November 2014 |
AMORTISATION |
At 1 December 2013 |
and 30 November 2014 |
NET BOOK VALUE |
At 30 November 2014 |
At 30 November 2013 |
ELITE CARPENTRY & MAINTENANCE LTD (REGISTERED NUMBER: 04961011) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 30 NOVEMBER 2014 |
3. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 December 2013 |
Additions |
At 30 November 2014 |
DEPRECIATION |
At 1 December 2013 |
Charge for year |
At 30 November 2014 |
NET BOOK VALUE |
At 30 November 2014 |
At 30 November 2013 |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2014 | 2013 |
value: | £ | £ |
Ordinary Class 'A' Shares | 1 |
Ordinary Class 'B' Shares | 1 |
100 | 100 |
5. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
Other than movements on the directors loan account, there were no transactions with the director in the period. |
ELITE CARPENTRY & MAINTENANCE LTD |
REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF |
ELITE CARPENTRY & MAINTENANCE LTD |
The following reproduces the text of the report prepared for the director in respect of the company's annual |
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages one to four) |
have been prepared. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
financial statements of Elite Carpentry & Maintenance Ltd for the year ended 30 November 2014 which comprise the |
Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from |
information and explanations you have given us. |
As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and |
other professional requirements which are detailed at http://www.cimaglobal.com. |
This report is made solely to the director of Elite Carpentry & Maintenance Ltd in accordance with the terms of our |
engagement letter. Our work has been undertaken solely to prepare for your approval of the financial statements of Elite |
Carpentry & Maintenance Ltd and state those matters that we have agreed to state to the director of Elite Carpentry & |
Maintenance Ltd in this report in accordance with the requirements of the Chartered Institute of Management |
Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or |
assume responsibility to anyone other than the company and its director for our work or for this report. |
It is your duty to ensure that Elite Carpentry & Maintenance Ltd has kept adequate accounting records and to prepare |
statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Elite |
Carpentry & Maintenance Ltd. You consider that Elite Carpentry & Maintenance Ltd is exempt from the statutory audit |
requirement for the year. |
We have not been instructed to carry out an audit or a review of the financial statements of Elite Carpentry & |
Maintenance Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or |
information and explanations you have given to us and we do not, therefore, express any opinion on the statutory |
financial statements. |
Date: ............................................. |