Sheasby Tree Surgery Ltd - Period Ending 2014-10-31

Registration number: 08243807

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Sheasby Tree Surgery Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 October 2014
 

Sheasby Tree Surgery Ltd
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Sheasby Tree Surgery Ltd
(Registration number: 08243807)
Abbreviated Balance Sheet at 31 October 2014

		Note			2014 £			2013 £
Fixed assets
Tangible fixed assets					15,604			8,808
Current assets
Debtors					956			1,305
Cash at bank and in hand					219			4,067
					1,175			5,372
Creditors: Amounts falling due within one year					(15,806)			(3,729)
Net current (liabilities)/assets					(14,631)			1,643
Total assets less current liabilities					973			10,451
Creditors: Amounts falling due after more than one year					-			(6,099)
Provisions for liabilities					(2,576)			(1,097)
Net (liabilities)/assets					(1,603)			3,255
Capital and reserves
Called up share capital		3			1,000			1,000
Profit and loss account					(2,603)			2,255
Shareholders' (deficit)/funds					(1,603)			3,255

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 director acknowledges his 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 director on 28 July 2015

 T M Sheasby
 Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Sheasby Tree Surgery Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 October 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Plant & Machinery	20% Reducing Balance

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

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Sheasby Tree Surgery Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 October 2014
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 November 2013		11,010			11,010
Additions		8,362			8,362
At 31 October 2014		19,372			19,372
Depreciation
At 1 November 2013		2,202			2,202
Charge for the year		1,566			1,566
At 31 October 2014		3,768			3,768
Net book value
At 31 October 2014		15,604			15,604
At 31 October 2013		8,808			8,808

3	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
Ordinary Shares of £1 each		1,000			1,000			1,000			1,000

4

Control

The company is controlled by S Sheasby who is the majority shareholder.

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