Vent Fab Limited - Limited company - abbreviated

REGISTERED NUMBER: 07832927 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2014

for

Vent Fab Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs D Van Beeks

I A Beeks

D Peploe

REGISTERED OFFICE:

72 Caerau Road

Newport

NP20 4HJ

REGISTERED NUMBER:

07832927 (England and Wales)

ACCOUNTANTS:

Phil Bessant Limited

Chartered Management Accountants

72 Caerau Road

Newport

SOUTH WALES

NP20 4HJ

FIXED ASSETS

Tangible assets

2

7,306

9,742

CURRENT ASSETS

Stocks

83,500

146,000

Debtors

151,719

12,249

Cash at bank and in hand

6,052

3,258

241,271

161,507

CREDITORS

Amounts falling due within one year

226,998

161,376

NET CURRENT ASSETS

14,273

131

TOTAL ASSETS LESS CURRENT
LIABILITIES

21,579

9,873

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

21,479

9,773

SHAREHOLDERS' FUNDS

21,579

9,873

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 31 July 2015 and were signed on its behalf by:

Mrs D Van Beeks - 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 equipment 20% Straight line.

Stocks

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

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2013

and 30 November 2014

12,177

DEPRECIATION

At 1 December 2013

2,435

Charge for year

2,436

At 30 November 2014

4,871

NET BOOK VALUE

At 30 November 2014

7,306

At 30 November 2013

9,742

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.14

30.11.13

value:

£

100

Ordinary

£1

100

Vent Fab Limited - Limited company - abbreviated - 11.6

Vent Fab Limited - Limited company - abbreviated - 11.6