Abbreviated Company Accounts - REED LOFTS LIMITED

REED LOFTS LIMITED - Company Information

05519255 REED LOFTS LIMITED 2015-07-31 false 2014-08-01 2015-07-31 true 05519255 2014-08-01 2015-07-31 05519255 2015-07-31 05519255 2014-07-31 05519255 uk-gaap-cd-bus:Director1 2014-08-01 2015-07-31 05519255 uk-gaap-cd-bus:Director2 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 iso4217:GBP shares

Registered Number 05519255

REED LOFTS LIMITED

Abbreviated Accounts

31 July 2015

REED LOFTS LIMITED Registered Number 05519255

Abbreviated Balance Sheet as at 31 July 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	2,869	3,826
		2,869	3,826
Current assets
Debtors		97,478	7,080
Cash at bank and in hand		64,280	111,013
		161,758	118,093
Creditors: amounts falling due within one year		(37,072)	(38,273)
Net current assets (liabilities)		124,686	79,820
Total assets less current liabilities		127,555	83,646
Total net assets (liabilities)		127,555	83,646
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		127,553	83,644
Shareholders' funds		127,555	83,646

For the year ending 31 July 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 19 November 2015

And signed on their behalf by:
Thomas Reed, Director

REED LOFTS LIMITED Registered Number 05519255

Notes to the Abbreviated Accounts for the period ended 31 July 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 the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over it's expected useful expected life, as follows:
Fixtures, fittings and equipment - 25% Reducing balance basis

2Tangible fixed assets

	£
Cost
At 1 August 2014	14,417
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2015	14,417
Depreciation
At 1 August 2014	10,591
Charge for the year	957
On disposals	-
At 31 July 2015	11,548
Net book values
At 31 July 2015	2,869
At 31 July 2014	3,826

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

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2