Abbreviated Company Accounts - STANDARD FUEL OILS LIMITED

Abbreviated Company Accounts - STANDARD FUEL OILS LIMITED

STANDARD FUEL OILS LIMITED - Company Information

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Registered Number 07555993

STANDARD FUEL OILS LIMITED

Abbreviated Accounts

31 March 2014

STANDARD FUEL OILS LIMITED Registered Number 07555993

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 192,058 57,340
192,058 57,340
Current assets
Stocks 152,627 68,628
Debtors 1,576,905 1,104,008
Cash at bank and in hand 791,765 563,559
2,521,297 1,736,195
Creditors: amounts falling due within one year (2,085,729) (1,495,974)
Net current assets (liabilities) 435,568 240,221
Total assets less current liabilities 627,626 297,561
Total net assets (liabilities) 627,626 297,561
Capital and reserves
Called up share capital 100 100
Profit and loss account 627,526 297,461
Shareholders' funds 627,626 297,561
  • For the year ending 31 March 2014 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 10 July 2014

And signed on their behalf by:
Nick Goodwin, Director

STANDARD FUEL OILS LIMITED Registered Number 07555993

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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.

2Tangible fixed assets
£
Cost
At 1 April 2013 90,933
Additions 159,750
Disposals -
Revaluations -
Transfers -
At 31 March 2014 250,683
Depreciation
At 1 April 2013 33,593
Charge for the year 25,032
On disposals -
At 31 March 2014 58,625
Net book values
At 31 March 2014 192,058
At 31 March 2013 57,340