Abbreviated Company Accounts - FLETCHERS TIMBER DERBY LIMITED

FLETCHERS TIMBER DERBY LIMITED - Company Information

03522736 FLETCHERS TIMBER DERBY LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 03522736 2015-04-01 2016-03-31 03522736 2016-03-31 03522736 2015-03-31 03522736 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 03522736 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 03522736

FLETCHERS TIMBER DERBY LIMITED

Abbreviated Accounts

31 March 2016

FLETCHERS TIMBER DERBY LIMITED Registered Number 03522736

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	380,163	356,436
		380,163	356,436
Current assets
Stocks		131,594	132,509
Cash at bank and in hand		21,954	40,618
		153,548	173,127
Creditors: amounts falling due within one year		(459,291)	(475,553)
Net current assets (liabilities)		(305,743)	(302,426)
Total assets less current liabilities		74,420	54,010
Total net assets (liabilities)		74,420	54,010
Capital and reserves
Called up share capital	3	99	99
Profit and loss account		74,321	53,911
Shareholders' funds		74,420	54,010

For the year ending 31 March 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 24 June 2016

And signed on their behalf by:
G P Fletcher, Director

FLETCHERS TIMBER DERBY LIMITED Registered Number 03522736

Notes to the Abbreviated Accounts for the period ended 31 March 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 net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its
estimated useful life.
Plant and machinery etc - 33% on cost

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

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

2Tangible fixed assets

	£
Cost
At 1 April 2015	468,291
Additions	38,295
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	506,586
Depreciation
At 1 April 2015	111,855
Charge for the year	14,568
On disposals	-
At 31 March 2016	126,423
Net book values
At 31 March 2016	380,163
At 31 March 2015	356,436

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
99 Ordinary shares of £1 each	99	99