Abbreviated Company Accounts - FLETCHERS TIMBER DERBY LIMITED

FLETCHERS TIMBER DERBY LIMITED - Company Information

03522736 FLETCHERS TIMBER DERBY LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 03522736 2014-04-01 2015-03-31 03522736 2015-03-31 03522736 2014-03-31 03522736 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 03522736 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 03522736

FLETCHERS TIMBER DERBY LIMITED

Abbreviated Accounts

31 March 2015

FLETCHERS TIMBER DERBY LIMITED Registered Number 03522736

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	356,436	16,260
		356,436	16,260
Current assets
Stocks		132,509	134,535
Cash at bank and in hand		40,618	38,963
		173,127	173,498
Creditors: amounts falling due within one year		(475,553)	(166,144)
Net current assets (liabilities)		(302,426)	7,354
Total assets less current liabilities		54,010	23,614
Total net assets (liabilities)		54,010	23,614
Capital and reserves
Called up share capital	3	99	99
Profit and loss account		53,911	23,515
Shareholders' funds		54,010	23,614

For the year ending 31 March 2015 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 25 August 2015

And signed on their behalf by:
G P Fletcher, Director

FLETCHERS TIMBER DERBY LIMITED Registered Number 03522736

Notes to the Abbreviated Accounts for the period ended 31 March 2015

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.

Turnover policy
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its
estimated useful life.
Plant and machinery etc - 33% on cost

Valuation information and policy
Stocks are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.

Other accounting policies
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

2Tangible fixed assets

	£
Cost
At 1 April 2014	121,449
Additions	346,842
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	468,291
Depreciation
At 1 April 2014	105,189
Charge for the year	6,666
On disposals	-
At 31 March 2015	111,855
Net book values
At 31 March 2015	356,436
At 31 March 2014	16,260

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
99 Ordinary shares of £1 each	99	99