Abbreviated Company Accounts - ANDY PORTLOCK TREE SPECIALISTS LIMITED

ANDY PORTLOCK TREE SPECIALISTS LIMITED - Company Information

Registered Number 05275765

ANDY PORTLOCK TREE SPECIALISTS LIMITED

Abbreviated Accounts

31 October 2014

ANDY PORTLOCK TREE SPECIALISTS LIMITED Registered Number 05275765

Abbreviated Balance Sheet as at 31 October 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	50,000	55,000
Tangible assets	3	43,218	55,670
		93,218	110,670
Current assets
Debtors		72,951	38,287
Cash at bank and in hand		62,395	51,660
		135,346	89,947
Creditors: amounts falling due within one year		(108,834)	(91,968)
Net current assets (liabilities)		26,512	(2,021)
Total assets less current liabilities		119,730	108,649
Total net assets (liabilities)		119,730	108,649
Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account		118,730	107,649
Shareholders' funds		119,730	108,649

For the year ending 31 October 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 20 July 2015

And signed on their behalf by:
A R J Portlock, Director

ANDY PORTLOCK TREE SPECIALISTS LIMITED Registered Number 05275765

Notes to the Abbreviated Accounts for the period ended 31 October 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 net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its
estimated useful life.
Plant and machinery etc - 3 3 % on reducing balance, 25% on reducing balance, 15% on
cost and 15% on reducing balance

Intangible assets amortisation policy
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being
amortised evenly over its estimated useful life of twenty years.

Other accounting policies
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis
over the period of the lease.

2Intangible fixed assets

	£
Cost
At 1 November 2013	100,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2014	100,000
Amortisation
At 1 November 2013	45,000
Charge for the year	5,000
On disposals	-
At 31 October 2014	50,000
Net book values
At 31 October 2014	50,000
At 31 October 2013	55,000

3Tangible fixed assets

	£
Cost
At 1 November 2013	126,386
Additions	3,254
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2014	129,640
Depreciation
At 1 November 2013	70,716
Charge for the year	15,706
On disposals	-
At 31 October 2014	86,422
Net book values
At 31 October 2014	43,218
At 31 October 2013	55,670