Abbreviated Company Accounts - SHOTLEY JOINERY LIMITED

SHOTLEY JOINERY LIMITED - Company Information

07022791 SHOTLEY JOINERY LIMITED 2015-09-30 false 2014-10-01 2015-09-30 true 07022791 2014-10-01 2015-09-30 07022791 2015-09-30 07022791 2014-09-30 07022791 uk-gaap-cd-bus:Director1 2014-10-01 2015-09-30 07022791 uk-gaap-cd-bus:Director2 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-30 iso4217:GBP shares

Registered Number 07022791

SHOTLEY JOINERY LIMITED

Abbreviated Accounts

30 September 2015

SHOTLEY JOINERY LIMITED Registered Number 07022791

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	15,362	16,215
		15,362	16,215
Current assets
Stocks		6,350	9,100
Debtors		5,401	1,564
Cash at bank and in hand		70,937	59,842
		82,688	70,506
Creditors: amounts falling due within one year		(31,060)	(23,062)
Net current assets (liabilities)		51,628	47,444
Total assets less current liabilities		66,990	63,659
Provisions for liabilities		(3,072)	(3,243)
Total net assets (liabilities)		63,918	60,416
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		63,917	60,415
Shareholders' funds		63,918	60,416

For the year ending 30 September 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 11 May 2016

And signed on their behalf by:
Peter Grieve, Director

SHOTLEY JOINERY LIMITED Registered Number 07022791

Notes to the Abbreviated Accounts for the period ended 30 September 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 its expected useful life, as follows:
Plant and machinery - 15% reducing balance
Motor vehicles - 25% reducing balance

Other accounting policies
Stock

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

Pensions

The pension costs charged in the financial statements represent the contribution payable by the company during the year.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more, tax.

2Tangible fixed assets

	£
Cost
At 1 October 2014	37,831
Additions	2,555
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2015	40,386
Depreciation
At 1 October 2014	21,616
Charge for the year	3,408
On disposals	-
At 30 September 2015	25,024
Net book values
At 30 September 2015	15,362
At 30 September 2014	16,215

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

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