Alarmsmiths Limited - Limited company - abbreviated

REGISTERED NUMBER: 06731825 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2014

for

Alarmsmiths Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

S Smith

SECRETARY:

REGISTERED OFFICE:

The Barn, Duck End

Offord Road

Graveley

St Neots

Cambridgeshire

PE19 6PP

REGISTERED NUMBER:

06731825 (England and Wales)

ACCOUNTANTS:

John Wheeler Accountancy Ltd

The Barn

Duck End

Offord Road, Graveley

St Neots

Cambridgeshire

PE19 6PP

FIXED ASSETS

Tangible assets

2

45,210

45,269

CURRENT ASSETS

Stocks

1,715

1,075

Debtors

28,700

15,166

Cash at bank and in hand

35,260

27,154

65,675

43,395

CREDITORS

Amounts falling due within one year

46,485

23,822

NET CURRENT ASSETS

19,190

19,573

TOTAL ASSETS LESS CURRENT
LIABILITIES

64,400

64,842

CREDITORS

Amounts falling due after more than one
year

48,195

45,035

NET ASSETS

16,205

19,807

CAPITAL AND RESERVES

Called up share capital

3

Profit and loss account

16,202

19,804

SHAREHOLDERS' FUNDS

16,205

19,807

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2014 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 31 July 2015 and were signed by:

S Smith - Director

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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2013

59,148

Additions

16,810

Disposals

(18,750

)

At 31 October 2014

57,208

DEPRECIATION

At 1 November 2013

13,879

Charge for year

8,665

Eliminated on disposal

(10,546

)

At 31 October 2014

11,998

NET BOOK VALUE

At 31 October 2014

45,210

At 31 October 2013

45,269

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.14

31.10.13

value:

£

3

Ordinary

£1

3

Alarmsmiths Limited - Limited company - abbreviated - 11.6

Alarmsmiths Limited - Limited company - abbreviated - 11.6