Accounts filed on 30-06-2015


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 30/06/2015

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 08110232


Registered Number: 08110232

BALANCE SHEET AT 30/06/2015

			2015		2014
	Notes		£		£

FIXED ASSETS
Intangible assets	2		105,000		120,000
Tangible assets	3		160,385		150,188

			265,385		270,188

CURRENT ASSETS
Stock		6,500		6,500
Debtors (amounts falling due within one year)	4	312,937		338,011
Cash at bank and in hand		113,334		5,511
		432,771		350,022
CREDITORS: Amounts falling due within one year		620,059		587,136
NET CURRENT LIABILITIES			(187,288)		(237,114)
TOTAL ASSETS LESS CURRENT LIABILITIES			78,097		33,074


CREDITORS: Amounts falling due after more than one year	5		6,956		7,264

NET ASSETS			71,141		25,810

CAPITAL AND RESERVES

Called up share capital	6		100		100
Profit and loss account			71,041		25,710
SHAREHOLDERS' FUNDS			71,141		25,810

For the year ending 30/06/2015 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 30/03/2016 and signed on their behalf by




Mr I Cheetham
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).




1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Short Leasehold Properties		straight line 20%
Plant and Machinery		reducing balance 15%
Commercial Vehicles		reducing balance 25%
Fixtures and Fittings		reducing balance 20%
Equipment		reducing balance 33%




1d. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.




1e. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




1f. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




1g. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.




4. DEBTORS	2015	2014
	£	£

Amounts falling due within one year:
Trade debtors	307,970	331,474
Other debtors	4,967	6,537
	312,937	338,011




5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2015	2014
	£	£
Other creditors	6,956	7,264
	6,956	7,264


Included in other creditors are:
Obligations under hire purchase	6,956	7,264




6. SHARE CAPITAL	2015	2014
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100

New shares issued during period:
100 Ordinary shares of £1 each	100	100




7. RELATED PARTY TRANSACTIONS
The company was under the control of Mr I Cheetham throughout the current period. Mr Cheetham is the sole director and majority shareholder.
The company rented premises from Mr & Mrs I Cheetham throughout the current period at a commercial rate.