Abbreviated Company Accounts - ALL HOSE & HYDRAULICS (NORWICH) LIMITED

ALL HOSE & HYDRAULICS (NORWICH) LIMITED - Company Information

02598813 ALL HOSE & HYDRAULICS (NORWICH) LIMITED 2015-07-31 false 2014-08-01 2015-07-31 true 02598813 2014-08-01 2015-07-31 02598813 2015-07-31 02598813 2014-07-31 02598813 uk-gaap-cd-bus:Director1 2014-08-01 2015-07-31 02598813 uk-gaap-cd-bus:Director2 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 iso4217:GBP shares

Registered Number 02598813

ALL HOSE & HYDRAULICS (NORWICH) LIMITED

Abbreviated Accounts

31 July 2015

ALL HOSE & HYDRAULICS (NORWICH) LIMITED Registered Number 02598813

Abbreviated Balance Sheet as at 31 July 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	7,617	9,802
		7,617	9,802
Current assets
Stocks		42,000	42,045
Debtors		59,139	66,088
Cash at bank and in hand		668	360
		101,807	108,493
Creditors: amounts falling due within one year		(43,630)	(42,932)
Net current assets (liabilities)		58,177	65,561
Total assets less current liabilities		65,794	75,363
Creditors: amounts falling due after more than one year		(1,614)	(4,036)
Total net assets (liabilities)		64,180	71,327
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		64,080	71,227
Shareholders' funds		64,180	71,327

For the year ending 31 July 2015 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 28 August 2015

And signed on their behalf by:
S J Simpson, Director

ALL HOSE & HYDRAULICS (NORWICH) LIMITED Registered Number 02598813

Notes to the Abbreviated Accounts for the period ended 31 July 2015

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 value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings and equipment - 15% reducing balance
Motor vehicles - 25% reducing balance

Other accounting policies
Leasing and hire purchase commitments
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce constant periodic rates of charge on the net obligations outstanding in each period.

Stock
Stock is valued at the lower of cost and net realisable value

2Tangible fixed assets

	£
Cost
At 1 August 2014	22,961
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2015	22,961
Depreciation
At 1 August 2014	13,159
Charge for the year	2,185
On disposals	-
At 31 July 2015	15,344
Net book values
At 31 July 2015	7,617
At 31 July 2014	9,802

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100