Abbreviated Company Accounts - THAMES VALLEY SPECIALIST PRODUCTS LIMITED

THAMES VALLEY SPECIALIST PRODUCTS LIMITED - Company Information

Registered Number 03694816

THAMES VALLEY SPECIALIST PRODUCTS LIMITED

Abbreviated Accounts

31 December 2013

THAMES VALLEY SPECIALIST PRODUCTS LIMITED Registered Number 03694816

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	2,080	3,253
		2,080	3,253
Current assets
Stocks		43,476	68,487
Debtors		69,756	32,994
Cash at bank and in hand		92,415	92,610
		205,647	194,091
Creditors: amounts falling due within one year		(63,548)	(45,641)
Net current assets (liabilities)		142,099	148,450
Total assets less current liabilities		144,179	151,703
Total net assets (liabilities)		144,179	151,703
Capital and reserves
Called up share capital		10	10
Profit and loss account		144,169	151,693
Shareholders' funds		144,179	151,703

For the year ending 31 December 2013 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 28 September 2014

And signed on their behalf by:
Francois Moal, Director

THAMES VALLEY SPECIALIST PRODUCTS LIMITED Registered Number 03694816

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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 add tax, in respect of the sale of goods and services to customers.

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

Motor Vehicles 25% reducing balance
Plant and Machinery 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 January 2013	15,130
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	15,130
Depreciation
At 1 January 2013	11,877
Charge for the year	1,173
On disposals	-
At 31 December 2013	13,050
Net book values
At 31 December 2013	2,080
At 31 December 2012	3,253