Abbreviated Company Accounts - LEEDS TOOL & GAUGE COMPANY LIMITED

Abbreviated Company Accounts - LEEDS TOOL & GAUGE COMPANY LIMITED

LEEDS TOOL & GAUGE COMPANY LIMITED - Company Information

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Registered Number 00957366

LEEDS TOOL & GAUGE COMPANY LIMITED

Abbreviated Accounts

31 August 2015

LEEDS TOOL & GAUGE COMPANY LIMITED Registered Number 00957366

Abbreviated Balance Sheet as at 31 August 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 105,731 105,897
105,731 105,897
Current assets
Stocks 9,988 11,350
Debtors 1,775 1,908
Cash at bank and in hand 9,821 6,941
21,584 20,199
Creditors: amounts falling due within one year (120,851) (120,911)
Net current assets (liabilities) (99,267) (100,712)
Total assets less current liabilities 6,464 5,185
Total net assets (liabilities) 6,464 5,185
Capital and reserves
Called up share capital 100 100
Profit and loss account 6,364 5,085
Shareholders' funds 6,464 5,185
  • 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 25 May 2016

And signed on their behalf by:
M D Chadwick, Director

LEEDS TOOL & GAUGE COMPANY LIMITED Registered Number 00957366

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.

Tangible assets depreciation policy
Land & buildings 2% straight line
Plant & machinery 15% reducing balance
Fixtures fittings & equipment 15% reducing balance
Motor vehicle 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 September 2014 428,576
Additions 4,500
Disposals -
Revaluations -
Transfers -
At 31 August 2015 433,076
Depreciation
At 1 September 2014 322,679
Charge for the year 4,666
On disposals -
At 31 August 2015 327,345
Net book values
At 31 August 2015 105,731
At 31 August 2014 105,897