Abbreviated Company Accounts - PADDOCK HOMES (SUSSEX) LIMITED

PADDOCK HOMES (SUSSEX) LIMITED - Company Information

00667803 PADDOCK HOMES (SUSSEX) LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 00667803 2014-01-01 2014-12-31 00667803 2014-12-31 00667803 2013-12-31 00667803 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 00667803 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 00667803

PADDOCK HOMES (SUSSEX) LIMITED

Abbreviated Accounts

31 December 2014

PADDOCK HOMES (SUSSEX) LIMITED Registered Number 00667803

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	68,104	47,444
		68,104	47,444
Current assets
Stocks		1,250	3,500
Debtors		103,085	50,701
Cash at bank and in hand		18,983	97,647
		123,318	151,848
Creditors: amounts falling due within one year		(51,799)	(36,003)
Net current assets (liabilities)		71,519	115,845
Total assets less current liabilities		139,623	163,289
Total net assets (liabilities)		139,623	163,289
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		139,523	163,189
Shareholders' funds		139,623	163,289

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 G Gander, Director

PADDOCK HOMES (SUSSEX) LIMITED Registered Number 00667803

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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant & Machinery - 20%pa reducing balance
Motor Vehicles - 20%pa reducing balance

Valuation information and policy
Fixed assets

All fixed assets are initially recorded at cost.

2Tangible fixed assets

	£
Cost
At 1 January 2014	131,275
Additions	46,399
Disposals	(32,270)
Revaluations	-
Transfers	-
At 31 December 2014	145,404
Depreciation
At 1 January 2014	83,831
Charge for the year	17,026
On disposals	(23,557)
At 31 December 2014	77,300
Net book values
At 31 December 2014	68,104
At 31 December 2013	47,444

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

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100