Indeluxe Windows Limited - Abbreviated accounts 16.3

Indeluxe Windows Limited - Abbreviated accounts 16.3

INDELUXE WINDOWS LIMITED - Company Information

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REGISTERED NUMBER: 02196614 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 28 February 2016

for

Indeluxe Windows Limited

Indeluxe Windows Limited (Registered number: 02196614)

Contents of the Abbreviated Accounts
for the Year Ended 28 February 2016










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Indeluxe Windows Limited

Company Information
for the Year Ended 28 February 2016







DIRECTOR: Mr R Leach





REGISTERED OFFICE: Unit 5
Lower Mill Street
Cheltenham
Gloucestershire
GL51 8JN





REGISTERED NUMBER: 02196614 (England and Wales)
Page 1
Indeluxe Windows Limited (Registered number: 02196614)

Abbreviated Balance Sheet
28 February 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 11,711 19,456

CURRENT ASSETS
Stocks 14,742 18,122
Debtors 72,579 59,479
Cash at bank and in hand 9,625 148,458
96,946 226,059
CREDITORS
Amounts falling due within one year 69,663 183,061
NET CURRENT ASSETS 27,283 42,998
TOTAL ASSETS LESS CURRENT
LIABILITIES
38,994
62,454

CREDITORS
Amounts falling due after more than one
year
-
12,120
NET ASSETS 38,994 50,334

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 38,894 50,234
SHAREHOLDERS' FUNDS 38,994 50,334

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 notes form part of these abbreviated accounts

Page 2 continued...
Indeluxe Windows Limited (Registered number: 02196614)

Abbreviated Balance Sheet - continued
28 February 2016


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 director on 27 October 2016 and were signed by:





Mr R Leach - Director


The notes form part of these abbreviated accounts

Page 3
Indeluxe Windows Limited (Registered number: 02196614)

Notes to the Abbreviated Accounts
for the Year Ended 28 February 2016


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 January 2015).

Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive
of Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of
work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term
contracts and contracts for on-going services is recognised by reference to the stage of completion.

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

Improvements to property - 20% on cost
Fixtures and fittings - 25% on cost and 10% on cost
Motor vehicles - 25% on cost
Computer equipment - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete
and slow moving items.

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over
the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's
pension scheme are charged to the profit and loss account in the period to which they relate.

Page 4 continued...
Indeluxe Windows Limited (Registered number: 02196614)

Notes to the Abbreviated Accounts - continued
for the Year Ended 28 February 2016


2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 March 2015 51,169
Additions 1,318
At 28 February 2016 52,487
DEPRECIATION
At 1 March 2015 31,713
Charge for year 9,063
At 28 February 2016 40,776
NET BOOK VALUE
At 28 February 2016 11,711
At 28 February 2015 19,456

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
100 Ordinary £1 100 100

Page 5