Company Registration No. 06441765 (England and Wales)
Simply Heating (Lincoln) Limited
Abbreviated unaudited accounts
for the year ended 30 November 2015
Simply Heating (Lincoln) Limited
Abbreviated Balance Sheet
as at 30 November 2015
Intangible assets
10,200
13,600
Tangible assets
8,417
11,040
Cash at bank and in hand
29,158
39,544
Creditors: amounts falling due within one year
(25,941)
(26,874)
Net current assets
5,424
15,317
Total assets less current liabilities
24,041
39,957
Creditors: amounts falling due after more than one year
(22,000)
(31,278)
Provisions for liabilities
(1,683)
(2,208)
Called up share capital
100
100
Profit and loss account
258
6,371
Total shareholders' funds
358
6,471
For the year ending 30 November 2015 the company was entitled to exemption from audit 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).
Approved by the board on 31 May 2016
Will Reid
Director
Company Registration No. 06441765
Simply Heating (Lincoln) Limited
Notes to the Abbreviated Accounts
for the year ended 30 November 2015
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
2
Intangible fixed assets
Goodwill
At 30 November 2015
34,000
At 30 November 2015
23,800
At 30 November 2015
10,200
At 30 November 2014
13,600
Simply Heating (Lincoln) Limited
Notes to the Abbreviated Accounts
for the year ended 30 November 2015
3
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
At 1 December 2014
17,795
3,616
21,411
At 30 November 2015
17,795
3,616
21,411
At 1 December 2014
8,124
2,247
10,371
Charge for the year
2,418
205
2,623
At 30 November 2015
10,542
2,452
12,994
At 30 November 2015
7,253
1,164
8,417
At 30 November 2014
9,671
1,369
11,040
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
