Abbreviated Company Accounts - FEATURES LANDSCAPE DESIGN LIMITED

Abbreviated Company Accounts - FEATURES LANDSCAPE DESIGN LIMITED


Registered Number 07326801

FEATURES LANDSCAPE DESIGN LIMITED

Abbreviated Accounts

31 December 2014

FEATURES LANDSCAPE DESIGN LIMITED Registered Number 07326801

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 9,789 3,121
9,789 3,121
Current assets
Debtors 134,098 122,889
Cash at bank and in hand 119,573 106,400
253,671 229,289
Creditors: amounts falling due within one year (88,303) (107,528)
Net current assets (liabilities) 165,368 121,761
Total assets less current liabilities 175,157 124,882
Total net assets (liabilities) 175,157 124,882
Capital and reserves
Called up share capital 3 2 2
Profit and loss account 175,155 124,880
Shareholders' funds 175,157 124,882
  • 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 15 July 2015

And signed on their behalf by:
D S Furniss, Director

FEATURES LANDSCAPE DESIGN LIMITED Registered Number 07326801

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

1Accounting Policies

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
Fixed assets

All fixed assets are initially recorded at cost.

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 - 15% reducing balance
Motor Vehicles - 25% reducing balance
Equipment - 33% straight line

Other accounting policies
RELATED PARTY TRANSACTIONS

During the year dividends amounting to £50,000 (2013: £30,000) were paid to the directors of the company.

POST BALANCE SHEET EVENTS

There were no material events up to 15 July 2015, being the date of approval of the financial statements by the board.

ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of the directors by virtue of their ability to act in concert in the respect of the operating and financial policies of the company.

2Tangible fixed assets
£
Cost
At 1 January 2014 6,194
Additions 11,270
Disposals -
Revaluations -
Transfers -
At 31 December 2014 17,464
Depreciation
At 1 January 2014 3,073
Charge for the year 4,602
On disposals -
At 31 December 2014 7,675
Net book values
At 31 December 2014 9,789
At 31 December 2013 3,121
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
2 Ordinary shares of £1 each 2 2