Abbreviated Company Accounts - YORKSHIRE VENTILATION SYSTEMS LIMITED

YORKSHIRE VENTILATION SYSTEMS LIMITED - Company Information

Registered Number 05600536

YORKSHIRE VENTILATION SYSTEMS LIMITED

Abbreviated Accounts

31 December 2014

YORKSHIRE VENTILATION SYSTEMS LIMITED Registered Number 05600536

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	2,641	3,235
		2,641	3,235
Current assets
Stocks		4,000	500
Debtors		27,991	29,592
Cash at bank and in hand		2,028	9,434
		34,019	39,526
Creditors: amounts falling due within one year		(35,570)	(40,171)
Net current assets (liabilities)		(1,551)	(645)
Total assets less current liabilities		1,090	2,590
Accruals and deferred income		(1,046)	(1,600)
Total net assets (liabilities)		44	990
Capital and reserves
Called up share capital		100	100
Profit and loss account		(56)	890
Shareholders' funds		44	990

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 24 September 2015

And signed on their behalf by:
N Wardle, Director
S Keighley, Director

YORKSHIRE VENTILATION SYSTEMS LIMITED Registered Number 05600536

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 accounts represents amounts invoiced during th eyear, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of the asset.

2Tangible fixed assets

	£
Cost
At 1 January 2014	8,352
Additions	325
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	8,677
Depreciation
At 1 January 2014	5,117
Charge for the year	919
On disposals	-
At 31 December 2014	6,036
Net book values
At 31 December 2014	2,641
At 31 December 2013	3,235