Abbreviated Company Accounts - FLINT BURRELL LIMITED

Abbreviated Company Accounts - FLINT BURRELL LIMITED

FLINT BURRELL LIMITED - Company Information

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Registered Number 07335914

FLINT BURRELL LIMITED

Abbreviated Accounts

31 December 2013

FLINT BURRELL LIMITED Registered Number 07335914

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 8,390 8,536
8,390 8,536
Current assets
Stocks 7,658 11,294
Debtors 7,629 6,177
Cash at bank and in hand 57,690 34,232
72,977 51,703
Creditors: amounts falling due within one year (58,263) (34,343)
Net current assets (liabilities) 14,714 17,360
Total assets less current liabilities 23,104 25,896
Provisions for liabilities (1,678) (1,707)
Total net assets (liabilities) 21,426 24,189
Capital and reserves
Called up share capital 100 100
Profit and loss account 21,326 24,089
Shareholders' funds 21,426 24,189
  • 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 26 September 2014

And signed on their behalf by:
Mr A Flint, Director

FLINT BURRELL LIMITED Registered Number 07335914

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 represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

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

Plant and machinery 33% straight line

Valuation information and policy
Stock is valued at the lower of cost and net realisable value.

Other accounting policies
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.

2Tangible fixed assets
£
Cost
At 1 January 2013 13,454
Additions 3,852
Disposals -
Revaluations -
Transfers -
At 31 December 2013 17,306
Depreciation
At 1 January 2013 4,918
Charge for the year 3,998
On disposals -
At 31 December 2013 8,916
Net book values
At 31 December 2013 8,390
At 31 December 2012 8,536