| Rotherham Fireplace Centre Ltd |
| Registered number: |
05523276 |
| Abbreviated Balance Sheet |
| as at 31 March 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
45,577 |
|
|
325 |
|
| Current assets |
| Stocks |
|
|
14,406 |
|
|
17,138 |
| Debtors |
|
|
34,594 |
|
|
38,713 |
|
|
|
49,000 |
|
|
55,851 |
|
| Creditors: amounts falling due within one year |
|
|
(73,786) |
|
|
(56,519) |
|
| Net current liabilities |
|
|
|
(24,786) |
|
|
(668) |
|
| Net assets/(liabilities) |
|
|
|
20,791 |
|
|
(343) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Share premium |
|
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
20,790 |
|
|
(344) |
|
| Shareholders' funds |
|
|
|
20,791 |
|
|
(343) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Stephen Gay |
| Director |
| Approved by the board on 23 December 2016 |
|
| Rotherham Fireplace Centre Ltd |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
Turnover |
|
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. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Motor vehicles |
20% straight line |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
3,700 |
|
Additions |
56,971 |
|
At 31 March 2016 |
60,671 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2015 |
3,375 |
|
Charge for the year |
11,719 |
|
At 31 March 2016 |
15,094 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
45,577 |
|
At 31 March 2015 |
325 |
|
|
|
|
|
|
|
