Abbreviated Company Accounts - ARMADA GLASS AND GLAZING LIMITED

ARMADA GLASS AND GLAZING LIMITED - Company Information

04762113 ARMADA GLASS AND GLAZING LIMITED 2015-05-31 false 2014-06-01 2015-05-31 true 04762113 2014-06-01 2015-05-31 04762113 2015-05-31 04762113 2014-05-31 04762113 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 04762113 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 04762113

ARMADA GLASS AND GLAZING LIMITED

Abbreviated Accounts

31 May 2015

ARMADA GLASS AND GLAZING LIMITED Registered Number 04762113

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	44,093	16,750
		44,093	16,750
Current assets
Stocks		1,900	4,131
Debtors		40,712	52,740
Cash at bank and in hand		14,958	781
		57,570	57,652
Creditors: amounts falling due within one year		(44,518)	(59,087)
Net current assets (liabilities)		13,052	(1,435)
Total assets less current liabilities		57,145	15,315
Creditors: amounts falling due after more than one year		(28,331)	-
Accruals and deferred income		(1,500)	(1,500)
Total net assets (liabilities)		27,314	13,815
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		27,312	13,813
Shareholders' funds		27,314	13,815

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 29 February 2016

And signed on their behalf by:
Mr Tony Burke, Director

ARMADA GLASS AND GLAZING LIMITED Registered Number 04762113

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 the total invoice value, excluding value added tax, of sales made during the year 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% of net book value per annum
Fixtures and equipment - 25% of net book value per annum
Motor vehicles - 25% of net book value per annum

Other accounting policies
Leasing and hire purchase commitments
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible 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
At 1 June 2014	63,579
Additions	44,110
Disposals	(6,925)
Revaluations	-
Transfers	-
At 31 May 2015	100,764
Depreciation
At 1 June 2014	46,829
Charge for the year	14,576
On disposals	(4,734)
At 31 May 2015	56,671
Net book values
At 31 May 2015	44,093
At 31 May 2014	16,750

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

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2