Accounts filed on 28-02-2015


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 28 February 2015

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 8410100


Registered Number: 8410100

BALANCE SHEET AT 28 FEBRUARY 2015

			2015		2014
	Notes		£		£

FIXED ASSETS
Tangible assets	2		237,500		237,500

CURRENT ASSETS
Debtors (amounts falling due within one year)		-		2,130
Cash at bank and in hand		11,895		9,352
		11,895		11,482
CREDITORS: Amounts falling due within one year		99,303		98,167
NET CURRENT LIABILITIES			(87,408)		(86,685)
TOTAL ASSETS LESS CURRENT LIABILITIES			150,092		150,815


CREDITORS: Amounts falling due after more than one year	3		144,935		153,768

NET ASSETS / (LIABILITIES)			5,157		(2,953)

CAPITAL AND RESERVES

Called up share capital	4		1		1
Profit and loss account			5,156		(2,954)
SHAREHOLDERS' FUNDS			5,157		(2,953)

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 20 November 2015 and signed on their behalf by




I Roberts
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).




1c. Investment Properties

Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.




1d. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




3. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2015	2014
	£	£
Bank loans and overdrafts	144,935	153,768
	144,935	153,768

The Bank loan is secured by debenture on the property at Unit 18 Calibre Industrial Park.




4. SHARE CAPITAL	2015	2014
	£	£
Allotted, issued and fully paid:
1 Ordinary shares of £1 each	1	1
	1	1

New shares issued during period:
1 Ordinary shares of £1 each	1	1
	-	1




5. RELATED PARTY TRANSACTIONS
The company trades with Reiter UK Ltd., a company in which Mr I Roberts has an interest.