Abbreviated Company Accounts - VANE HOUSE LIMITED

Abbreviated Company Accounts - VANE HOUSE LIMITED

VANE HOUSE LIMITED - Company Information

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Registered Number 06445534

VANE HOUSE LIMITED

Abbreviated Accounts

31 May 2016

VANE HOUSE LIMITED Registered Number 06445534

Abbreviated Balance Sheet as at 31 May 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 1,094 1,756
1,094 1,756
Current assets
Debtors 44,655 26,394
Cash at bank and in hand 13,202 70,016
57,857 96,410
Creditors: amounts falling due within one year (16,218) (26,825)
Net current assets (liabilities) 41,639 69,585
Total assets less current liabilities 42,733 71,341
Total net assets (liabilities) 42,733 71,341
Capital and reserves
Called up share capital 2 2
Profit and loss account 42,731 71,339
Shareholders' funds 42,733 71,341
  • For the year ending 31 May 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 27 February 2017

And signed on their behalf by:
P A Bruce, Director

VANE HOUSE LIMITED Registered Number 06445534

Notes to the Abbreviated Accounts for the period ended 31 May 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 January 2015.

Turnover policy
Turnover represents the amounts receivable in respect of goods sold and services provided, stated net of value
added tax and relates entirely to the company's principal activity within the United Kingdom.

Other accounting policies
The company operates a defined contribution pension scheme, amounts payable to the scheme are fully funded and charged against profits in the profit & loss account.

2Tangible fixed assets
£
Cost
At 1 June 2015 15,530
Additions 399
Disposals -
Revaluations -
Transfers -
At 31 May 2016 15,929
Depreciation
At 1 June 2015 13,774
Charge for the year 1,061
On disposals -
At 31 May 2016 14,835
Net book values
At 31 May 2016 1,094
At 31 May 2015 1,756