Abbreviated Company Accounts - NEATWOOD HOMES LIMITED

NEATWOOD HOMES LIMITED - Company Information

02679280 NEATWOOD HOMES LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 02679280 2015-01-01 2015-12-31 02679280 2015-12-31 02679280 2014-12-31 02679280 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 02679280 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 02679280

NEATWOOD HOMES LIMITED

Abbreviated Accounts

31 December 2015

NEATWOOD HOMES LIMITED Registered Number 02679280

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	66,554	65,505
		66,554	65,505
Current assets
Stocks		121,876	87,651
Debtors		37,497	75,061
Cash at bank and in hand		8,429	171,114
		167,802	333,826
Net current assets (liabilities)		167,802	333,826
Total assets less current liabilities		234,356	399,331
Creditors: amounts falling due after more than one year		(175,730)	(330,897)
Total net assets (liabilities)		58,626	68,434
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		58,526	68,334
Shareholders' funds		58,626	68,434

For the year ending 31 December 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 17 March 2016

And signed on their behalf by:
E A Evans, Director

NEATWOOD HOMES LIMITED Registered Number 02679280

Notes to the Abbreviated Accounts for the period ended 31 December 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% written down value
Fixtures, fittings and equipment – 10% written down value
Motor vehicles – 25% straight line
Property Improvements – 4% cost

2Tangible fixed assets

	£
Cost
At 1 January 2015	239,061
Additions	14,303
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	253,364
Depreciation
At 1 January 2015	173,556
Charge for the year	13,254
On disposals	-
At 31 December 2015	186,810
Net book values
At 31 December 2015	66,554
At 31 December 2014	65,505

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

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100