Abbreviated Company Accounts - SUPREME DOOR FITTINGS LIMITED

Abbreviated Company Accounts - SUPREME DOOR FITTINGS LIMITED

SUPREME DOOR FITTINGS LIMITED - Company Information

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Registered Number 05057607

SUPREME DOOR FITTINGS LIMITED

Abbreviated Accounts

28 February 2016

SUPREME DOOR FITTINGS LIMITED Registered Number 05057607

Abbreviated Balance Sheet as at 28 February 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 25,002 25,002
25,002 25,002
Current assets
Stocks 500 500
Debtors 11,852 13,920
Cash at bank and in hand 8,144 9,658
20,496 24,078
Creditors: amounts falling due within one year (8,892) (10,637)
Net current assets (liabilities) 11,604 13,441
Total assets less current liabilities 36,606 38,443
Total net assets (liabilities) 36,606 38,443
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 35,606 37,443
Shareholders' funds 36,606 38,443
  • For the year ending 28 February 2016 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 29 November 2016

And signed on their behalf by:
RJ Smith, Director

SUPREME DOOR FITTINGS LIMITED Registered Number 05057607

Notes to the Abbreviated Accounts for the period ended 28 February 2016

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 receivable for goods and services provided in the period net of VAT.

Tangible assets depreciation policy
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value of each over its expected useful life as follows:
Plant and machinery -25% per annum on cost

2Tangible fixed assets
£
Cost
At 1 March 2015 41,150
Additions -
Disposals -
Revaluations -
Transfers -
At 28 February 2016 41,150
Depreciation
At 1 March 2015 16,148
Charge for the year -
On disposals -
At 28 February 2016 16,148
Net book values
At 28 February 2016 25,002
At 28 February 2015 25,002