Abbreviated Company Accounts - ALBION INDUSTRIAL DOORS LIMITED

Abbreviated Company Accounts - ALBION INDUSTRIAL DOORS LIMITED

ALBION INDUSTRIAL DOORS LIMITED - Company Information

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Registered Number 05699427

ALBION INDUSTRIAL DOORS LIMITED

Abbreviated Accounts

31 December 2015

ALBION INDUSTRIAL DOORS LIMITED Registered Number 05699427

Abbreviated Balance Sheet as at 31 December 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 15,550 19,438
15,550 19,438
Current assets
Debtors 53,039 70,457
Cash at bank and in hand - 1,174
53,039 71,631
Creditors: amounts falling due within one year (47,392) (70,759)
Net current assets (liabilities) 5,647 872
Total assets less current liabilities 21,197 20,310
Total net assets (liabilities) 21,197 20,310
Capital and reserves
Called up share capital 2 2
Profit and loss account 21,195 20,308
Shareholders' funds 21,197 20,310
  • 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 30 September 2016

And signed on their behalf by:
Mr J Cleaver, Director

ALBION INDUSTRIAL DOORS LIMITED Registered Number 05699427

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 value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 20% reducing balance

2Tangible fixed assets
£
Cost
At 1 January 2015 89,936
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2015 89,936
Depreciation
At 1 January 2015 70,498
Charge for the year 3,888
On disposals -
At 31 December 2015 74,386
Net book values
At 31 December 2015 15,550
At 31 December 2014 19,438