Abbreviated Company Accounts - FIX A DOOR LIMITED

FIX A DOOR LIMITED - Company Information

Registered Number 02261275

FIX A DOOR LIMITED

Abbreviated Accounts

31 December 2015

FIX A DOOR LIMITED Registered Number 02261275

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	15,942	20,090
		15,942	20,090
Current assets
Stocks		33,175	33,175
Debtors		127,761	119,170
Cash at bank and in hand		33,127	96,209
		194,063	248,554
Creditors: amounts falling due within one year		(117,929)	(148,014)
Net current assets (liabilities)		76,134	100,540
Total assets less current liabilities		92,076	120,630
Total net assets (liabilities)		92,076	120,630
Capital and reserves
Called up share capital		100	100
Profit and loss account		91,976	120,530
Shareholders' funds		92,076	120,630

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 12 September 2016

And signed on their behalf by:
E CHAMPION, Director

FIX A DOOR LIMITED Registered Number 02261275

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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows;

Plant and machinery 20% reducing balance
Fixtures and fittings 10% reducing balance
Motor vehicles 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 January 2015	71,558
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	71,558
Depreciation
At 1 January 2015	51,468
Charge for the year	4,148
On disposals	-
At 31 December 2015	55,616
Net book values
At 31 December 2015	15,942
At 31 December 2014	20,090