Abbreviated Company Accounts - OLDFIELD CONSTRUCTION SADDLEWORTH LTD.

OLDFIELD CONSTRUCTION SADDLEWORTH LTD. - Company Information

03414905 OLDFIELD CONSTRUCTION SADDLEWORTH LTD. 2014-12-31 false 2014-01-01 2014-12-31 true 03414905 2014-01-01 2014-12-31 03414905 2014-12-31 03414905 2013-12-31 03414905 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 03414905 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 03414905

OLDFIELD CONSTRUCTION SADDLEWORTH LTD.

Abbreviated Accounts

31 December 2014

OLDFIELD CONSTRUCTION SADDLEWORTH LTD. Registered Number 03414905

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	120,882	109,257
		120,882	109,257
Current assets
Stocks		45,168	39,960
Debtors		58,109	66,714
Cash at bank and in hand		244	395
		103,521	107,069
Creditors: amounts falling due within one year		(58,371)	(55,337)
Net current assets (liabilities)		45,150	51,732
Total assets less current liabilities		166,032	160,989
Creditors: amounts falling due after more than one year		(80,800)	(80,800)
Total net assets (liabilities)		85,232	80,189
Capital and reserves
Called up share capital	3	3	3
Profit and loss account		85,229	80,186
Shareholders' funds		85,232	80,189

For the year ending 31 December 2014 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 25 September 2015

And signed on their behalf by:
A H Potts, Director

OLDFIELD CONSTRUCTION SADDLEWORTH LTD. Registered Number 03414905

Notes to the Abbreviated Accounts for the period ended 31 December 2014

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 represent amounts invoiced by the company in respect of sales and services provided during the year, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life. The annual depreciation rates used on a reducing balance basis are as follows:- Motor Vehicles 25%, Plant and Equipment 20%, Office Equipment 20%.

Valuation information and policy
Stock is valued on a first in first out basis at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 January 2014	202,752
Additions	18,169
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	220,921
Depreciation
At 1 January 2014	93,495
Charge for the year	6,544
On disposals	-
At 31 December 2014	100,039
Net book values
At 31 December 2014	120,882
At 31 December 2013	109,257

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

	2014 £	2013 £
3 Ordinary shares of £1 each	3	3