R & H Floor Cleaning Machines Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05490918

Abbreviated Unaudited Accounts

for the Year Ended 30 June 2015

for

R & H Floor Cleaning Machines Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr. R Eccott

Mrs. H Eccott

SECRETARY:

Mrs. H Eccott

REGISTERED OFFICE:

Belvedere

Whitstone

Holsworthy

Devon

EX22 6UF

REGISTERED NUMBER:

05490918

ACCOUNTANTS:

Nevill Hovey & Co Limited

Southgate Close

Launceston

Cornwall

PL15 9DU

FIXED ASSETS

Tangible assets

2

1,902

9,708

Investment property

3

91,639

91,639

93,541

101,347

CURRENT ASSETS

Stocks

250

200

Debtors

2,688

2,866

Cash at bank

3,427

3,039

6,365

6,105

CREDITORS

Amounts falling due within one year

101,545

98,060

NET CURRENT LIABILITIES

(95,180

)

(91,955

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,639

)

9,392

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

(1,739

)

9,292

SHAREHOLDERS' FUNDS

(1,639

)

9,392

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 16 November 2015 and were signed on its behalf by:

Mr. R Eccott - Director

Mrs. H Eccott - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit

arising from changes in market value is transferred to a revaluation reserve.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight

line basis over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

16,242

Disposals

(10,430

)

At 30 June 2015

5,812

DEPRECIATION

At 1 July 2014

6,534

Charge for year

476

Eliminated on disposal

(3,100

)

At 30 June 2015

3,910

NET BOOK VALUE

At 30 June 2015

1,902

At 30 June 2014

9,708

3.	INVESTMENT PROPERTY

Total

£

COST

At 1 July 2014

and 30 June 2015

91,639

NET BOOK VALUE

At 30 June 2015

91,639

At 30 June 2014

91,639

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

1,000

Ordinary

£1

100

100