Select Fireplaces Beverley Limited - Limited company - abbreviated - 11.0.0

Select Fireplaces Beverley Limited - Limited company - abbreviated - 11.0.0

SELECT FIREPLACES BEVERLEY LIMITED - Company Information

Print Friendly Version

04333678 1.1.13 31.12.13 31.12.13 Company accounts Private Limited Company FY true false true false true false false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure043336782012-12-31043336782013-12-31043336782013-01-012013-12-31043336782011-12-31043336782012-01-012012-12-31043336782012-12-3104333678ns12:England2013-01-012013-12-3104333678ns14:PoundSterling2013-01-012013-12-3104333678ns7:Director12013-01-012013-12-3104333678ns7:OrdinaryShareClass12013-01-012013-12-3104333678ns7:CompanySecretary2013-01-012013-12-3104333678ns7:RegisteredOffice2013-01-012013-12-3104333678ns7:EntityAccountantsOrAuditors2013-01-012013-12-3104333678ns5:PlantMachinery2013-01-012013-12-3104333678ns5:FixturesFittings2013-01-012013-12-3104333678ns5:MotorVehicles2013-01-012013-12-3104333678ns7:OrdinaryShareClass12013-12-3104333678ns7:OrdinaryShareClass12012-12-31
REGISTERED NUMBER: 04333678 (England and Wales)






Select Fireplaces Beverley Limited

Abbreviated Accounts

for the Year Ended 31 December 2013





Jolliffe Cork LLP
Chartered Accountants
33 George Street
Wakefield
West Yorkshire
WF1 1LX








Select Fireplaces Beverley Limited (Registered number: 04333678)

Contents of the Abbreviated Accounts
for the Year Ended 31 December 2013










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Select Fireplaces Beverley Limited

Company Information
for the Year Ended 31 December 2013







DIRECTOR: Mr L J Miller





SECRETARY: Mr L J Miller





REGISTERED OFFICE: Unit 2
St Nicholas Road
Beverley
East Yorkshire
HU17 0QT





REGISTERED NUMBER: 04333678 (England and Wales)





ACCOUNTANTS: Jolliffe Cork LLP
Chartered Accountants
33 George Street
Wakefield
West Yorkshire
WF1 1LX
1
Select Fireplaces Beverley Limited (Registered number: 04333678)

Abbreviated Balance Sheet
31 December 2013

2013 2012
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 28,000 31,500
Tangible assets 3 4,962 6,481
32,962 37,981

CURRENT ASSETS
Stocks 1,350 1,100
Debtors 1,486 1,694
Cash at bank and in hand 31,488 31,456
34,324 34,250
CREDITORS
Amounts falling due within one year 29,906 31,601
NET CURRENT ASSETS 4,418 2,649
TOTAL ASSETS LESS CURRENT
LIABILITIES
37,380
40,630

CREDITORS
Amounts falling due after more than one
year
(8,291		 )
(9,140		 )

PROVISIONS FOR LIABILITIES (783 ) (1,040 )
NET ASSETS 28,306 30,450

The notes form part of these abbreviated accounts

2 continued...
Select Fireplaces Beverley Limited (Registered number: 04333678)

Abbreviated Balance Sheet - continued
31 December 2013

2013 2012
Notes £    £    £    £   

CAPITAL AND RESERVES
Called up share capital 4 1,000 1,000
Profit and loss account 27,306 29,450
SHAREHOLDERS' FUNDS 28,306 30,450

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 26 September 2014 and were signed by:





Mr L J Miller - Director


The notes form part of these abbreviated accounts

3
Select Fireplaces Beverley Limited (Registered number: 04333678)

Notes to the Abbreviated Accounts
for the Year Ended 31 December 2013


1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of
Value Added Tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Showroom Fixed Display - 50% on cost
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to the profit and loss account in the period to which they relate.

Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with
the lessor are charged against profits on a straight line basis over the period of the lease.

4 continued...
Select Fireplaces Beverley Limited (Registered number: 04333678)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 December 2013


2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2013
and 31 December 2013 70,000
AMORTISATION
At 1 January 2013 38,500
Amortisation for year 3,500
At 31 December 2013 42,000
NET BOOK VALUE

At 31 December 2013 28,000
At 31 December 2012 31,500

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2013
and 31 December 2013 18,094
DEPRECIATION
At 1 January 2013 11,613
Charge for year 1,519
At 31 December 2013 13,132
NET BOOK VALUE
At 31 December 2013 4,962
At 31 December 2012 6,481

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2013 2012
value: £    £   
1,000 Ordinary £1 1,000 1,000

5