Speedyclean Limited - Abbreviated accounts
Speedyclean Limited - Abbreviated accounts
Registered number |
Beasley & Co. |
Chartered Accountants |
Abbey House |
105 Abbey Street |
Nuneaton |
Warwickshire |
CV11 5BX |
Speedyclean Limited | ||||
Chartered Accountants' report to the board of directors on the preparation of the unaudited abbreviated accounts of Speedyclean Limited for the year ended 31 October 2015 | ||||
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Speedyclean Limited for the year ended 31 October 2015 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us. | ||||
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook. |
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Our work has been undertaken in accordance with AAF 2/10 as detailed at icaew.com/compilation. | ||||
Beasley & Co | ||||
Chartered Accountants | ||||
Abbey House | ||||
105 Abbey Street | ||||
Nuneaton | ||||
Warwickshire | ||||
CV11 5BX | ||||
9 March 2016 | ||||
Registered number: | |||||||
Abbreviated Balance Sheet | |||||||
as at |
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Notes | 2015 | 2014 | |||||
£ | £ | ||||||
Fixed assets | |||||||
Tangible assets | 2 | ||||||
Current assets | |||||||
Stocks | |||||||
Debtors | |||||||
Cash at bank and in hand | |||||||
Creditors: amounts falling due within one year | ( |
( |
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Net current (liabilities)/assets | ( |
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Net assets | |||||||
Capital and reserves | |||||||
Called up share capital | 3 | ||||||
Profit and loss account | |||||||
Shareholders' funds | |||||||
B Baker | |||||||
Director | |||||||
Approved by the board on |
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Notes to the Abbreviated Accounts | ||||||||
for the year ended |
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1 | Accounting policies | |||||||
Basis of preparation | ||||||||
Turnover | ||||||||
Depreciation | ||||||||
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. | ||||||||
Fixtures and fittings | ||||||||
Motor vehicles | ||||||||
Computer equipment | 25% reducing balance | |||||||
Stocks | ||||||||
Stock is valued at the lower of cost and net realisable value. | ||||||||
Deferred taxation | ||||||||
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse. | ||||||||
2 | Tangible fixed assets | £ | ||||||
Cost | ||||||||
At 1 November 2014 | ||||||||
At 31 October 2015 | ||||||||
Depreciation | ||||||||
At 1 November 2014 | ||||||||
Charge for the year | ||||||||
At 31 October 2015 | ||||||||
Net book value | ||||||||
At 31 October 2015 | ||||||||
At 31 October 2014 | ||||||||
3 | Share capital | Nominal | 2015 | 2015 | 2014 | |||
value | Number | £ | £ | |||||
Allotted, called up and fully paid: | ||||||||
£ |
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