Abbreviated Company Accounts - THOROUGHVENT LIMITED

THOROUGHVENT LIMITED - Company Information

Registered Number 07452572

THOROUGHVENT LIMITED

Abbreviated Accounts

30 November 2013

THOROUGHVENT LIMITED Registered Number 07452572

Abbreviated Balance Sheet as at 30 November 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	2,954	3,089
		2,954	3,089
Current assets
Debtors		20,278	10,336
Cash at bank and in hand		8,868	1,737
		29,146	12,073
Prepayments and accrued income		2,292	1,249
Creditors: amounts falling due within one year		(31,568)	(15,704)
Net current assets (liabilities)		(130)	(2,382)
Total assets less current liabilities		2,824	707
Accruals and deferred income		(300)	(300)
Total net assets (liabilities)		2,524	407
Capital and reserves
Called up share capital		1	1
Profit and loss account		2,523	406
Shareholders' funds		2,524	407

For the year ending 30 November 2013 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 July 2014

And signed on their behalf by:
Glen Bousell, Director

THOROUGHVENT LIMITED Registered Number 07452572

Notes to the Abbreviated Accounts for the period ended 30 November 2013

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 and derives from the provision of goods fling within t company's ordinary activities

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

2Tangible fixed assets

	£
Cost
At 1 December 2012	4,109
Additions	538
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2013	4,647
Depreciation
At 1 December 2012	1,020
Charge for the year	673
On disposals	-
At 30 November 2013	1,693
Net book values
At 30 November 2013	2,954
At 30 November 2012	3,089