Abbreviated Company Accounts - REFUELS LIMITED

Abbreviated Company Accounts - REFUELS LIMITED

REFUELS LIMITED - Company Information

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Registered Number 06428395

REFUELS LIMITED

Abbreviated Accounts

30 November 2014

REFUELS LIMITED Registered Number 06428395

Abbreviated Balance Sheet as at 30 November 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 638,613 465,183
638,613 465,183
Current assets
Debtors 505,628 279,246
Cash at bank and in hand 252,376 368,071
758,004 647,317
Creditors: amounts falling due within one year (785,209) (692,141)
Net current assets (liabilities) (27,205) (44,824)
Total assets less current liabilities 611,408 420,359
Total net assets (liabilities) 611,408 420,359
Capital and reserves
Called up share capital 2 2
Profit and loss account 611,406 420,357
Shareholders' funds 611,408 420,359
  • For the year ending 30 November 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 8 June 2015

And signed on their behalf by:
Mr M S Taylor, Director

REFUELS LIMITED Registered Number 06428395

Notes to the Abbreviated Accounts for the period ended 30 November 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 total invoice value, excluding Vale Added Tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the asseet over its useful working life, less residual value at 15% per annum using the reducing balance method.

2Tangible fixed assets
£
Cost
At 1 December 2013 753,881
Additions 251,288
Disposals -
Revaluations -
Transfers -
At 30 November 2014 1,005,169
Depreciation
At 1 December 2013 288,698
Charge for the year 77,858
On disposals -
At 30 November 2014 366,556
Net book values
At 30 November 2014 638,613
At 30 November 2013 465,183