Abbreviated Company Accounts - GREEN MEADOW FURNITURE LIMITED

GREEN MEADOW FURNITURE LIMITED - Company Information

05253254 GREEN MEADOW FURNITURE LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true 05253254 2013-01-01 2013-12-31 05253254 2013-12-31 05253254 2012-12-31 05253254 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 05253254 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 05253254

GREEN MEADOW FURNITURE LIMITED

Abbreviated Accounts

31 December 2013

GREEN MEADOW FURNITURE LIMITED Registered Number 05253254

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	20,136	19,059
		20,136	19,059
Current assets
Stocks		50,868	54,050
Debtors		28,030	19,558
Cash at bank and in hand		11,823	9,281
		90,721	82,889
Creditors: amounts falling due within one year	3	(41,958)	(43,648)
Net current assets (liabilities)		48,763	39,241
Total assets less current liabilities		68,899	58,300
Creditors: amounts falling due after more than one year	3	(70,000)	(67,500)
Total net assets (liabilities)		(1,101)	(9,200)
Capital and reserves
Called up share capital	4	1	1
Profit and loss account		(1,102)	(9,201)
Shareholders' funds		(1,101)	(9,200)

For the year ending 31 December 2013 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 24 September 2014

And signed on their behalf by:
T C Elliott, Director

GREEN MEADOW FURNITURE LIMITED Registered Number 05253254

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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, which is stated net of value added tax, represents amounts invoiced to third parties. Turnover is wholly attributable to the company’s principal business activity, entirely within the United Kingdom.

Tangible assets depreciation policy
All fixed assets are initially recorded at cost. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost or valuation, less estimated residual value based on prices prevailing at the date of acquisition, of each asset over its expected useful life as follows:

Office equipment - 25% reducing balance
Fixtures and fittings - 33% reducing balance
Motor Vehicles - 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 January 2013	66,411
Additions	6,550
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	72,961
Depreciation
At 1 January 2013	47,352
Charge for the year	5,473
On disposals	-
At 31 December 2013	52,825
Net book values
At 31 December 2013	20,136
At 31 December 2012	19,059

3Creditors

	2013 £	2012 £
Secured Debts	3,721	4,143

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

	2013 £	2012 £
1 Ordinary shares of £1 each	1	1