Abbey Blinds (NW) Limited - Limited company - abbreviated - 11.6

Abbey Blinds (NW) Limited - Limited company - abbreviated - 11.6

ABBEY BLINDS (NW) LIMITED - Company Information

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REGISTERED NUMBER: 05350693








ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2014

FOR

ABBEY BLINDS (NW) LIMITED

ABBEY BLINDS (NW) LIMITED (REGISTERED NUMBER: 05350693)

CONTENTS OF THE ABBREVIATED ACCOUNTS
for the Year Ended 31 January 2014

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Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

ABBEY BLINDS (NW) LIMITED

COMPANY INFORMATION
for the Year Ended 31 January 2014







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DIRECTOR: A D Parker





SECRETARY: T J Parker





REGISTERED OFFICE: 2 Hilliards Court
Chester Business Park
Chester
Cheshire
CH4 9PX





REGISTERED NUMBER: 05350693





ACCOUNTANTS: McLintocks Partnership Limited
Chartered Accountants
2 Hilliards Court
Chester Business Park
Chester
Cheshire
CH4 9PX
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ABBEY BLINDS (NW) LIMITED (REGISTERED NUMBER: 05350693)

ABBREVIATED BALANCE SHEET
31 January 2014

2014 2013
Notes £    £    £    £   
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FIXED ASSETS
Intangible assets 2 7,000 14,000
Tangible assets 3 15,315 17,852
22,315 31,852

CURRENT ASSETS
Stocks 15,001 6,000
Debtors 72,766 56,320
Cash at bank and in hand 9,179 191
96,946 62,511
CREDITORS
Amounts falling due within one year 94,553 60,542
NET CURRENT ASSETS 2,393 1,969
TOTAL ASSETS LESS CURRENT
LIABILITIES
24,708
33,821

PROVISIONS FOR LIABILITIES 2,807 3,259
NET ASSETS 21,901 30,562

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 21,801 30,462
SHAREHOLDERS' FUNDS 21,901 30,562

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2014 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

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ABBEY BLINDS (NW) LIMITED (REGISTERED NUMBER: 05350693)

ABBREVIATED BALANCE SHEET - continued
31 January 2014

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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 14 April 2014 and were signed by:





A D Parker - Director


The notes form part of these abbreviated accounts

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ABBEY BLINDS (NW) LIMITED (REGISTERED NUMBER: 05350693)

NOTES TO THE ABBREVIATED ACCOUNTS
for the Year Ended 31 January 2014

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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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

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 etc - 25% on reducing balance and 15% on reducing balance

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

Cost includes all direct expenditure and an appropriate proportion of fixed and variable
overheads.

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the
balance sheet. Those held under hire purchase contracts are depreciated over their
estimated useful lives. Those held under finance leases are depreciated over their
estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the
relevant period. The capital element of the future payments is treated as a liability.

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ABBEY BLINDS (NW) LIMITED (REGISTERED NUMBER: 05350693)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the Year Ended 31 January 2014

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2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 February 2013
and 31 January 2014 70,000
AMORTISATION
At 1 February 2013 56,000
Amortisation for year 7,000
At 31 January 2014 63,000
NET BOOK VALUE

At 31 January 2014 7,000
At 31 January 2013 14,000

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 February 2013 48,177
Additions 1,326
At 31 January 2014 49,503
DEPRECIATION
At 1 February 2013 30,325
Charge for year 3,863
At 31 January 2014 34,188
NET BOOK VALUE
At 31 January 2014 15,315
At 31 January 2013 17,852

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
100 Ordinary A 1 100 100

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ABBEY BLINDS (NW) LIMITED (REGISTERED NUMBER: 05350693)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the Year Ended 31 January 2014

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5. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year rent has been paid to the director Mr AD Parker amounting to £15,000
(2012: £15,000).

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