| Queensway Carpentry Ltd |
| Registered number: |
05697658 |
| Abbreviated Balance Sheet |
| as at 28 February 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
1,232 |
|
|
935 |
|
| Current assets |
| Debtors |
|
|
22,427 |
|
|
15,397 |
| Cash at bank and in hand |
|
|
256 |
|
|
305 |
|
|
|
22,683 |
|
|
15,702 |
|
| Creditors: amounts falling due within one year |
|
|
(23,813) |
|
|
(16,445) |
|
| Net current liabilities |
|
|
|
(1,130) |
|
|
(743) |
|
| Net assets |
|
|
|
102 |
|
|
192 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
2 |
|
|
92 |
|
| Shareholder's funds |
|
|
|
102 |
|
|
192 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| P Bullen |
| Director |
| Approved by the board on 26 November 2015 |
|
| Queensway Carpentry Ltd |
| Notes to the Abbreviated Accounts |
| for the year ended 28 February 2015 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
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. |
|
|
Depreciation |
|
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 |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 March 2014 |
9,342 |
|
Additions |
708 |
|
At 28 February 2015 |
10,050 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 March 2014 |
8,407 |
|
Charge for the year |
411 |
|
At 28 February 2015 |
8,818 |
|
|
|
|
|
|
|
|
Net book value |
|
At 28 February 2015 |
1,232 |
|
At 28 February 2014 |
935 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
P Bullen |
|
Repayable on demand |
- |
|
851 |
|
- |
|
851 |
|
|
|
- |
|
851 |
|
- |
|
851 |
|
|
|
|
|
|
|
|
|
