Abbreviated Company Accounts - PATIOS SOUTH WEST LIMITED

Abbreviated Company Accounts - PATIOS SOUTH WEST LIMITED

PATIOS SOUTH WEST LIMITED - Company Information

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Registered Number 04655304

PATIOS SOUTH WEST LIMITED

Abbreviated Accounts

28 February 2014

PATIOS SOUTH WEST LIMITED Registered Number 04655304

Abbreviated Balance Sheet as at 28 February 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 34,599 18,816
34,599 18,816
Current assets
Stocks 32,600 27,255
Debtors 145,051 109,168
Cash at bank and in hand 210,970 150,911
388,621 287,334
Creditors: amounts falling due within one year (208,553) (162,412)
Net current assets (liabilities) 180,068 124,922
Total assets less current liabilities 214,667 143,738
Creditors: amounts falling due after more than one year (29,652) (8,588)
Total net assets (liabilities) 185,015 135,150
Capital and reserves
Called up share capital 100 100
Profit and loss account 184,915 135,050
Shareholders' funds 185,015 135,150
  • For the year ending 28 February 2014 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 19 March 2014

And signed on their behalf by:
Andrew James Dobbin, Director

PATIOS SOUTH WEST LIMITED Registered Number 04655304

Notes to the Abbreviated Accounts for the period ended 28 February 2014

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.

Tangible assets depreciation policy
Fixtures, fittings and equipment 15% straight line
Motor vehicles 25% straight line

2Tangible fixed assets
£
Cost
At 1 March 2013 65,169
Additions 25,275
Disposals -
Revaluations -
Transfers -
At 28 February 2014 90,444
Depreciation
At 1 March 2013 46,353
Charge for the year 9,492
On disposals -
At 28 February 2014 55,845
Net book values
At 28 February 2014 34,599
At 28 February 2013 18,816