Abbreviated Company Accounts - ASKERTON HOMES LIMITED

ASKERTON HOMES LIMITED - Company Information

07672712 ASKERTON HOMES LIMITED 2015-06-30 false 2014-07-01 2015-06-30 true 07672712 2014-07-01 2015-06-30 07672712 2015-06-30 07672712 2014-06-30 07672712 uk-gaap-cd-bus:Director1 2014-07-01 2015-06-30 07672712 uk-gaap-cd-bus:Director2 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 iso4217:GBP shares

Registered Number 07672712

ASKERTON HOMES LIMITED

Abbreviated Accounts

30 June 2015

ASKERTON HOMES LIMITED Registered Number 07672712

Abbreviated Balance Sheet as at 30 June 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	6,433	8,578
		6,433	8,578
Current assets
Stocks		3,260	7,300
Debtors		1,520	-
Cash at bank and in hand		2,304	-
		7,084	7,300
Prepayments and accrued income		1,896	-
Creditors: amounts falling due within one year		(27,537)	(30,761)
Net current assets (liabilities)		(18,557)	(23,461)
Total assets less current liabilities		(12,124)	(14,883)
Creditors: amounts falling due after more than one year		(2,187)	0
Total net assets (liabilities)		(14,311)	(14,883)
Capital and reserves
Called up share capital	3	5	5
Profit and loss account		(14,316)	(14,888)
Shareholders' funds		(14,311)	(14,883)

For the year ending 30 June 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 March 2016

And signed on their behalf by:
J Macdonald, Director

ASKERTON HOMES LIMITED Registered Number 07672712

Notes to the Abbreviated Accounts for the period ended 30 June 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 chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation has been computed to write off the cost of the tangible fixed assets over their expected useful lives using the following rates.

Motor Vehicles - 25% per annum of net book value

Other accounting policies
Stock

Stock & Work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete stock.

2Tangible fixed assets

	£
Cost
At 1 July 2014	10,200
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2015	10,200
Depreciation
At 1 July 2014	1,622
Charge for the year	2,145
On disposals	-
At 30 June 2015	3,767
Net book values
At 30 June 2015	6,433
At 30 June 2014	8,578

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

	2015 £	2014 £
5 Ordinary shares of £1 each	5	5