Abbreviated Company Accounts - IRVINE SURFACING LIMITED

Abbreviated Company Accounts - IRVINE SURFACING LIMITED


Registered Number SC442856

IRVINE SURFACING LIMITED

Abbreviated Accounts

28 February 2015

IRVINE SURFACING LIMITED Registered Number SC442856

Abbreviated Balance Sheet as at 28 February 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 2,250 3,000
2,250 3,000
Current assets
Debtors 950 -
Cash at bank and in hand 69,070 34,626
70,020 34,626
Creditors: amounts falling due within one year (66,901) (37,108)
Net current assets (liabilities) 3,119 (2,482)
Total assets less current liabilities 5,369 518
Total net assets (liabilities) 5,369 518
Capital and reserves
Called up share capital 3 10 10
Profit and loss account 5,359 508
Shareholders' funds 5,369 518
  • 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 30 September 2015

And signed on their behalf by:
J Irvine, Director

IRVINE SURFACING LIMITED Registered Number SC442856

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
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Plant & equipment - 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 March 2014 4,000
Additions -
Disposals -
Revaluations -
Transfers -
At 28 February 2015 4,000
Depreciation
At 1 March 2014 1,000
Charge for the year 750
On disposals -
At 28 February 2015 1,750
Net book values
At 28 February 2015 2,250
At 28 February 2014 3,000
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
10 Ordinary shares of £1 each 10 10