Franklins Garden Design Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07941791 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 March 2015

for

Franklins Garden Design Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

K A Franklin

Mrs S J Franklin

REGISTERED OFFICE:

65 St Mary Street

Chippenham

Wiltshire

SN15 3JF

REGISTERED NUMBER:

07941791 (England and Wales)

ACCOUNTANTS:

Mander Duffill

Chartered Accountants

65 St Mary Street

Chippenham

Wiltshire

SN15 3JF

FIXED ASSETS

Tangible assets

2

1,832

2,365

CURRENT ASSETS

Debtors

9,703

11,983

Cash at bank

-

1,183

9,703

13,166

CREDITORS

Amounts falling due within one year

10,819

14,561

NET CURRENT LIABILITIES

(1,116

)

(1,395

)

TOTAL ASSETS LESS CURRENT LIABILITIES

716

970

PROVISIONS FOR LIABILITIES

366

473

NET ASSETS

350

497

CAPITAL AND RESERVES

Called up share capital

3

120

120

Profit and loss account

230

377

SHAREHOLDERS' FUNDS

350

497

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 22 December 2015 and were signed on its behalf by:

Mrs S J Franklin - Director

K A Franklin - 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 each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

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 April 2014

and 31 March 2015

3,954

DEPRECIATION

At 1 April 2014

1,589

Charge for year

533

At 31 March 2015

2,122

NET BOOK VALUE

At 31 March 2015

1,832

At 31 March 2014

2,365

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

100

Ordinary A

£1

100

100

20

Ordinary B

£1

20

20

120

120