RED_HOUSE_WIND_LIMITED - Accounts
RED_HOUSE_WIND_LIMITED - Accounts
Company Registration No. 08246203 (England and Wales)
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2014
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ABBREVIATED BALANCE SHEET
AS AT
31 DECEMBER 2014
- 1 -
2014
2013
Notes
£
£
£
£
Fixed assets
Tangible assets
2
Current assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
(63,129 )
(17,153 )
Net current liabilities
(11,123 )
(9,338 )
Total assets less current liabilities
Provisions for liabilities
(111 )
-
24,322
25,662
Capital and reserves
Called up share capital
3
Profit and loss account
Shareholders' funds
Directors' responsibilities:
-
-
Approved by the Board for issue on 25 September 2015
Director
Director
Company Registration No. 08246203
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014
- 2 -
1
Accounting policies
1.1
Accounting convention
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
1.4
Tangible fixed assets and depreciation
Land and buildings Freehold
Fixtures, fittings & equipment
Although the Companies Act requires annual depreciation of fixed assets, freehold land and buildings are not depreciated. The directors believe that the policy of not providing depreciation is necessary in order for the accounts to give a true and fair view.
1.5
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2014
- 3 -
2
Fixed assets
Tangible assets
£
Cost
At 1 January 2014
35,000
Additions
695
At 31 December 2014
35,695
Depreciation
At 1 January 2014
-
Charge for the year
139
At 31 December 2014
139
Net book value
At 31 December 2014
35,556
At 31 December 2013
35,000
3
Share capital
2014
2013
£
£
Allotted, called up and fully paid