Abbreviated Company Accounts - LLANDEILO FILLING STATION LIMITED

Abbreviated Company Accounts - LLANDEILO FILLING STATION LIMITED


Registered Number 07155782

LLANDEILO FILLING STATION LIMITED

Abbreviated Accounts

28 February 2015

LLANDEILO FILLING STATION LIMITED Registered Number 07155782

Abbreviated Balance Sheet as at 28 February 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 7,350 8,870
7,350 8,870
Current assets
Stocks 12,250 15,750
Debtors 15,515 18,116
Cash at bank and in hand 8,270 8,499
36,035 42,365
Creditors: amounts falling due within one year (47,455) (67,125)
Net current assets (liabilities) (11,420) (24,760)
Total assets less current liabilities (4,070) (15,890)
Creditors: amounts falling due after more than one year (45,711) (42,810)
Total net assets (liabilities) (49,781) (58,700)
Capital and reserves
Called up share capital 2 2
Profit and loss account (49,783) (58,702)
Shareholders' funds (49,781) (58,700)
  • 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 25 November 2015

And signed on their behalf by:
Mr A L Whistance, Director

LLANDEILO FILLING STATION LIMITED Registered Number 07155782

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 value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 25% reducing balance
Motor vehicles 25% reducing balance

Other accounting policies
Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets
£
Cost
At 1 March 2014 17,016
Additions 317
Disposals -
Revaluations -
Transfers -
At 28 February 2015 17,333
Depreciation
At 1 March 2014 8,146
Charge for the year 1,837
On disposals -
At 28 February 2015 9,983
Net book values
At 28 February 2015 7,350
At 28 February 2014 8,870