S.M.F. Joinery Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04472830 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2015

for

S.M.F. Joinery Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

S M Fairburn

SECRETARY:

Mrs C Fairburn

REGISTERED OFFICE:

118 St Peters Avenue

Beechwood

Sowerby Bridge

Halifax

West Yorkshire

HX6 1DF

REGISTERED NUMBER:

04472830 (England and Wales)

ACCOUNTANTS:

Horley Green Chartered Accountants

Horley Green House

Horley Green Road

Claremount

Halifax

West Yorkshire

HX3 6AS

FIXED ASSETS

Tangible assets

2

1,498

1,841

CURRENT ASSETS

Stocks

300

300

Cash at bank

7,098

8,692

7,398

8,992

CREDITORS

Amounts falling due within one year

13,472

12,591

NET CURRENT LIABILITIES

(6,074

)

(3,599

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(4,576

)

(1,758

)

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

(4,578

)

(1,760

)

SHAREHOLDERS' FUNDS

(4,576

)

(1,758

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 20 January 2016 and were signed by:

S M Fairburn - 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 the net amount receivable for goods supplied and services provided, excluding value added tax, except in

respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Tools & Equipment

-

15% on reducing balance

Fixture & Fittings

-

15% on reducing balance

Motor Vehicle

-

25% on reducing balance

Computer Equipment

-

33% on cost

Stocks

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

Deferred tax

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

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2014

and 31 July 2015

9,264

DEPRECIATION

At 1 August 2014

7,423

Charge for year

343

At 31 July 2015

7,766

NET BOOK VALUE

At 31 July 2015

1,498

At 31 July 2014

1,841

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.15

31.7.14

value:

£

£

1

Ordinary

£1

2

2