STOUR_SHAPES_LIMITED - Accounts

STOUR SHAPES LIMITED - Company Information

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Company Registration No. 04567695 (England and Wales)

STOUR SHAPES LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2014

STOUR SHAPES LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

STOUR SHAPES LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 OCTOBER 2014

- 1 -

2014

2013

Notes

Current assets

Stocks

1,625

Debtors

192

2,470

Cash at bank and in hand

501

1,226

693

5,321

Creditors: amounts falling due within one year

(14,800)

(17,509)

Total assets less current liabilities

(14,107)

(12,188)

Capital and reserves

Called up share capital

Profit and loss account

(14,110)

(12,191)

Shareholders' funds

(14,107)

(12,188)

For the financial year ended 31 October 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board and authorised for issue on 29 July 2015

B Stanley

Director

Company Registration No. 04567695

STOUR SHAPES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention.

The accounts have been prepared on a going concern basis on the assumption that the company has the continued support of its directors and associated companies.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Stock

Work in progress is valued at the lower of cost and net realisable value.

1.5

Deferred taxation

Deferred taxation is provided at appropriate rates on all timing differences using the liability method only to the extent that, in the opinion of the directors, there is a reasonable probability that a liability or asset will crystallise in the foreseeable future.

Share capital

2014

2013

Allotted, called up and fully paid

3 Ordinary shares of £1 each