Abbreviated Company Accounts - ACR ROOFING LIMITED

Abbreviated Company Accounts - ACR ROOFING LIMITED


Registered Number 08834583

ACR ROOFING LIMITED

Abbreviated Accounts

31 January 2015

ACR ROOFING LIMITED Registered Number 08834583

Abbreviated Balance Sheet as at 31 January 2015

Notes 2015
£
Fixed assets
Tangible assets 2 4,725
4,725
Current assets
Debtors 4,137
Cash at bank and in hand 29
4,166
Creditors: amounts falling due within one year (4,171)
Net current assets (liabilities) (5)
Total assets less current liabilities 4,720
Creditors: amounts falling due after more than one year (1,833)
Total net assets (liabilities) 2,887
Capital and reserves
Called up share capital 1
Profit and loss account 2,886
Shareholders' funds 2,887
  • For the year ending 31 January 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 4 January 2016

And signed on their behalf by:
Ashton Richards, Director

ACR ROOFING LIMITED Registered Number 08834583

Notes to the Abbreviated Accounts for the period ended 31 January 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 the total invoice value, excluding value added tax, of sales made during the period and derives from the provision of goods falling within the company's ordinary activities.

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

Plant and machinery 25% straight line
Fixtures and fillings 25% straight line
Motor vehicles 25% straight line

Other accounting policies
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce constant periodic rates of charge on the net obligations outstanding in each period.

2Tangible fixed assets
£
Cost
Additions 6,300
Disposals -
Revaluations -
Transfers -
At 31 January 2015 6,300
Depreciation
Charge for the year 1,575
On disposals -
At 31 January 2015 1,575
Net book values
At 31 January 2015 4,725