G Farley & Sons Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 01061822 (England and Wales)

G FARLEY & SONS LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J W Leveridge

D W Leveridge

Mrs L Rowland

SECRETARY:

J W Leveridge

REGISTERED OFFICE:

167 Turners Hill

Chesthunt

Hertfordshire

EN8 9BH

REGISTERED NUMBER:

01061822 (England and Wales)

ACCOUNTANTS:

Brindley Jacob

Chartered Accountants

167 Turners Hill

Cheshunt

Hertfordshire

EN8 9BH

FIXED ASSETS

Tangible assets

2

1,302

1,804

CURRENT ASSETS

Debtors

17,519

21,443

Cash at bank

183

-

17,702

21,443

CREDITORS

Amounts falling due within one year

7,804

13,832

NET CURRENT ASSETS

9,898

7,611

TOTAL ASSETS LESS CURRENT LIABILITIES

11,200

9,415

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

11,100

9,315

SHAREHOLDERS' FUNDS

11,200

9,415

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 29 September 2014 and were signed on its behalf by:

J W Leveridge - Director

Mrs L Rowland - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

43,988

DEPRECIATION

At 1 January 2013

42,184

Charge for year

502

At 31 December 2013

42,686

NET BOOK VALUE

At 31 December 2013

1,302

At 31 December 2012

1,804

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

100

Ordinary

£1

100

100