| Smith Contractors & Daughters Limited |
| Registered number: |
04121784 |
| Abbreviated Balance Sheet |
| as at 31 December 2013 |
|
| Notes |
|
|
2013 |
|
|
2012 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
240 |
|
|
240 |
| Tangible assets |
3 |
|
|
31,218 |
|
|
41,624 |
|
|
|
|
31,458 |
|
|
41,864 |
|
| Current assets |
| Stocks |
|
|
5,889 |
|
|
6,389 |
| Debtors |
|
|
88,276 |
|
|
61,840 |
|
|
|
94,165 |
|
|
68,229 |
|
| Creditors: amounts falling due within one year |
|
|
(62,500) |
|
|
(28,635) |
|
| Net current assets |
|
|
|
31,665 |
|
|
39,594 |
|
| Net assets |
|
|
|
63,123 |
|
|
81,458 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
1,000 |
|
|
1,000 |
| Profit and loss account |
|
|
|
62,123 |
|
|
80,458 |
|
| Shareholder's funds |
|
|
|
63,123 |
|
|
81,458 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| J I Smith |
| Director |
| Approved by the board on 19 September 2014 |
|
| Smith Contractors & Daughters Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 December 2013 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
25% reducing balance |
|
Motor vehicles |
25% reducing balance |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 January 2013 |
240 |
|
At 31 December 2013 |
240 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 31 December 2013 |
- |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2013 |
240 |
|
At 31 December 2012 |
240 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 January 2013 |
139,656 |
|
At 31 December 2013 |
139,656 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2013 |
98,032 |
|
Charge for the year |
10,406 |
|
At 31 December 2013 |
108,438 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2013 |
31,218 |
|
At 31 December 2012 |
41,624 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2013 |
|
2013 |
|
2012 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
1,000 |
|
1,000 |
|
1,000 |
|
|
|
|
|
|
|
|
|
