Abbreviated Company Accounts - ICD TREE SERVICES LTD

ICD CONTRACTING LTD - Company Information

SC379041 ICD TREE SERVICES LTD 2015-05-31 false 2014-06-01 2015-05-31 true SC379041 2014-06-01 2015-05-31 SC379041 2015-05-31 SC379041 2014-05-31 SC379041 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 SC379041 uk-gaap-cd-bus:Director2 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 iso4217:GBP shares

Registered Number SC379041

ICD TREE SERVICES LTD

Abbreviated Accounts

31 May 2015

ICD TREE SERVICES LTD Registered Number SC379041

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	7,500	8,000
Tangible assets	3	20,602	28,667
		28,102	36,667
Current assets
Debtors		8,716	3,161
Cash at bank and in hand		37	-
		8,753	3,161
Creditors: amounts falling due within one year		(37,253)	(51,689)
Net current assets (liabilities)		(28,500)	(48,528)
Total assets less current liabilities		(398)	(11,861)
Creditors: amounts falling due after more than one year		(40,398)	(24,164)
Total net assets (liabilities)		(40,796)	(36,025)
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		(40,896)	(36,125)
Shareholders' funds		(40,796)	(36,025)

For the year ending 31 May 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 26 February 2016

And signed on their behalf by:
Mr Iain Duncan, Director

ICD TREE SERVICES LTD Registered Number SC379041

Notes to the Abbreviated Accounts for the period ended 31 May 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 amounts receivable for goods and services net of VAT and trade discounts.

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

Tools and equipment: 15% reducing balance.
Plant and machinery: 20% reducing balance.
Computer: 15% reducing balance.
Motor vehicles; 25% reducing balance.

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life

Other accounting policies
Compliance with accounting standards:

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (Untied Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

2Intangible fixed assets

	£
Cost
At 1 June 2014	10,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	10,000
Amortisation
At 1 June 2014	2,000
Charge for the year	500
On disposals	-
At 31 May 2015	2,500
Net book values
At 31 May 2015	7,500
At 31 May 2014	8,000

3Tangible fixed assets

	£
Cost
At 1 June 2014	42,703
Additions	12,120
Disposals	(23,750)
Revaluations	-
Transfers	-
At 31 May 2015	31,073
Depreciation
At 1 June 2014	14,036
Charge for the year	4,985
On disposals	(8,550)
At 31 May 2015	10,471
Net book values
At 31 May 2015	20,602
At 31 May 2014	28,667

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100