Abbreviated Company Accounts - RICHARD HEATH (ENGINEERING) LIMITED

Abbreviated Company Accounts - RICHARD HEATH (ENGINEERING) LIMITED

RICHARD HEATH (ENGINEERING) LIMITED - Company Information

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Registered Number 03314841

RICHARD HEATH (ENGINEERING) LIMITED

Abbreviated Accounts

28 February 2015

RICHARD HEATH (ENGINEERING) LIMITED Registered Number 03314841

Abbreviated Balance Sheet as at 28 February 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 489 653
489 653
Current assets
Debtors - 1,328
Cash at bank and in hand 30,415 26,651
30,415 27,979
Creditors: amounts falling due within one year (25,832) (22,508)
Net current assets (liabilities) 4,583 5,471
Total assets less current liabilities 5,072 6,124
Total net assets (liabilities) 5,072 6,124
Capital and reserves
Called up share capital 100 100
Profit and loss account 4,972 6,024
Shareholders' funds 5,072 6,124
  • For the year ending 28 February 2015 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 22 October 2015

And signed on their behalf by:
Mr R Heath, Director

RICHARD HEATH (ENGINEERING) LIMITED Registered Number 03314841

Notes to the Abbreviated Accounts for the period ended 28 February 2015

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

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:

Fixtures, fittings & equipment 25% reducing balance
Equipment 25% reducing balance

Other accounting policies
Pension costs

The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.

2Tangible fixed assets
£
Cost
At 1 March 2014 8,151
Additions -
Disposals -
Revaluations -
Transfers -
At 28 February 2015 8,151
Depreciation
At 1 March 2014 7,498
Charge for the year 164
On disposals -
At 28 February 2015 7,662
Net book values
At 28 February 2015 489
At 28 February 2014 653