Abbreviated Company Accounts - EXPRESS WINDOWS (COLEFORD) LIMITED

EXPRESS WINDOWS (COLEFORD) LIMITED - Company Information

04881707 EXPRESS WINDOWS (COLEFORD) LIMITED 2015-08-31 false 2014-09-01 2015-08-31 true 04881707 2014-09-01 2015-08-31 04881707 2015-08-31 04881707 2014-08-31 04881707 uk-gaap-cd-bus:Director1 2014-09-01 2015-08-31 04881707 uk-gaap-cd-bus:Director2 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 iso4217:GBP shares

Registered Number 04881707

EXPRESS WINDOWS (COLEFORD) LIMITED

Abbreviated Accounts

31 August 2015

EXPRESS WINDOWS (COLEFORD) LIMITED Registered Number 04881707

Abbreviated Balance Sheet as at 31 August 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	216,309	220,927
		216,309	220,927
Current assets
Stocks		28,947	29,186
Debtors		72,325	60,523
Cash at bank and in hand		1,528	1,103
		102,800	90,812
Creditors: amounts falling due within one year		(309,805)	(311,643)
Net current assets (liabilities)		(207,005)	(220,831)
Total assets less current liabilities		9,304	96
Total net assets (liabilities)		9,304	96
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		9,302	94
Shareholders' funds		9,304	96

For the year ending 31 August 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 27 April 2016

And signed on their behalf by:
Mr G Clements, Director
Mrs J Clements, Director

EXPRESS WINDOWS (COLEFORD) LIMITED Registered Number 04881707

Notes to the Abbreviated Accounts for the period ended 31 August 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.

Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Freehold - Nil
Land and buildings Leasehold - 10 years straight line
Plant and machinery - 15% reducing balance
Fixtures, fittings & equipment - 15% reducing balance
Motor vehicles - 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 September 2014	254,619
Additions	4,723
Disposals	(6,600)
Revaluations	-
Transfers	-
At 31 August 2015	252,742
Depreciation
At 1 September 2014	33,692
Charge for the year	7,775
On disposals	(5,034)
At 31 August 2015	36,433
Net book values
At 31 August 2015	216,309
At 31 August 2014	220,927

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

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