Abbreviated Company Accounts - MIDLANDS HEATING SPARES LTD

MIDLANDS HEATING SPARES LTD - Company Information

07382506 MIDLANDS HEATING SPARES LTD 2015-09-30 false 2014-10-01 2015-09-30 true 07382506 2014-10-01 2015-09-30 07382506 2015-09-30 07382506 2014-09-30 07382506 uk-gaap-cd-bus:Director1 2014-10-01 2015-09-30 07382506 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 07382506

MIDLANDS HEATING SPARES LTD

Abbreviated Accounts

30 September 2015

MIDLANDS HEATING SPARES LTD Registered Number 07382506

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	597	796
		597	796
Current assets
Stocks		108,950	113,500
Debtors		-	4,461
Cash at bank and in hand		21,220	14,552
		130,170	132,513
Creditors: amounts falling due within one year		(99,552)	(108,539)
Net current assets (liabilities)		30,618	23,974
Total assets less current liabilities		31,215	24,770
Total net assets (liabilities)		31,215	24,770
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		31,213	24,768
Shareholders' funds		31,215	24,770

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 25 February 2016

And signed on their behalf by:
Muhammad Nasar, Director

MIDLANDS HEATING SPARES LTD Registered Number 07382506

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 value. net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

2Tangible fixed assets

	£
Cost
At 1 October 2014	1,468
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2015	1,468
Depreciation
At 1 October 2014	672
Charge for the year	199
On disposals	-
At 30 September 2015	871
Net book values
At 30 September 2015	597
At 30 September 2014	796

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

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