G_V_EHRHARDT_&_HEREWARD_L - Accounts

G.V.EHRHARDT & HEREWARD LIMITED - Company Information

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Company Registration No. 00107511 (England and Wales)

G V EHRHARDT & HEREWARD LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2015

G V EHRHARDT & HEREWARD LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

G V EHRHARDT & HEREWARD LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

116,352

158,689

Current assets

Stocks

154,993

156,774

Debtors

341,879

457,206

Cash at bank and in hand

32,142

755

529,014

614,735

Creditors: amounts falling due within one year

(335,563)

(270,886)

Net current assets

193,451

343,849

Total assets less current liabilities

309,803

502,538

Provisions for liabilities

(12,094)

309,803

490,444

Capital and reserves

Called up share capital

252

Profit and loss account

309,551

490,192

Shareholders' funds

309,803

490,444

For the financial year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 29 September 2015

Mr M L Turley

Director

Company Registration No. 00107511

G V EHRHARDT & HEREWARD LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery etc

10% on cost

1.5

Stock

Stock and work in progress are valued at the lower of cost and net realisable value.

1.6

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Fixed assets

Tangible assets

Cost

At 1 April 2014

1,169,000

Additions

5,998

At 31 March 2015

1,174,998

Depreciation

At 1 April 2014

1,010,311

Charge for the year

48,335

At 31 March 2015

1,058,646

Net book value

At 31 March 2015

116,352

At 31 March 2014

158,689

G V EHRHARDT & HEREWARD LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2015

- 3 -

Share capital

2015

2014

Allotted, called up and fully paid

252 Ordinary shares of £1 each

252