Intex Facades Limited - Limited company - abbreviated - 11.0.0

Intex Facades Limited - Limited company - abbreviated - 11.0.0

INTEX FACADES LIMITED - Company Information

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05144701 1.8.13 31.7.14 31.7.14 Company accounts Private Limited Company FY true false true false true false false Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 Ordinary D 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure051447012013-07-31051447012014-07-31051447012013-08-012014-07-31051447012013-01-31051447012013-02-012013-07-31051447012013-07-3105144701ns12:England2013-08-012014-07-3105144701ns14:PoundSterling2013-08-012014-07-3105144701ns7:Director12013-08-012014-07-3105144701ns7:OrdinaryShareClass22013-08-012014-07-3105144701ns7:OrdinaryShareClass32013-08-012014-07-3105144701ns7:OrdinaryShareClass42013-08-012014-07-3105144701ns7:OrdinaryShareClass52013-08-012014-07-3105144701ns5:LandBuildingsns5:ShortLeaseholdProperties2013-08-012014-07-3105144701ns5:ImprovementsOrDevelopmentAssets2013-08-012014-07-3105144701ns5:PlantMachinery2013-08-012014-07-3105144701ns5:FixturesFittings2013-08-012014-07-3105144701ns5:MotorVehicles2013-08-012014-07-3105144701ns7:OrdinaryShareClass22014-07-3105144701ns7:OrdinaryShareClass22013-07-3105144701ns7:OrdinaryShareClass32014-07-3105144701ns7:OrdinaryShareClass32013-07-3105144701ns7:OrdinaryShareClass42014-07-3105144701ns7:OrdinaryShareClass42013-07-3105144701ns7:OrdinaryShareClass52014-07-3105144701ns7:OrdinaryShareClass52013-07-31
REGISTERED NUMBER: 05144701 (England and Wales)















INTEX FACADES LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2014






INTEX FACADES LIMITED (REGISTERED NUMBER: 05144701)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2014










Page

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 3

INTEX FACADES LIMITED (REGISTERED NUMBER: 05144701)

ABBREVIATED BALANCE SHEET
31 JULY 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 1 1
Tangible assets 3 17,867 13,829
17,868 13,830

CURRENT ASSETS
Stocks 92,945 22,913
Debtors 1,225,375 750,659
Cash at bank 21,445 196
1,339,765 773,768
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR
4
1,174,263
743,112
NET CURRENT ASSETS 165,502 30,656
TOTAL ASSETS LESS CURRENT
LIABILITIES
183,370
44,486

PROVISIONS FOR LIABILITIES 1,167 685
NET ASSETS 182,203 43,801

CAPITAL AND RESERVES
Called up share capital 5 18 18
Profit and loss account 182,185 43,783
SHAREHOLDERS' FUNDS 182,203 43,801

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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

Page 1 continued...
INTEX FACADES LIMITED (REGISTERED NUMBER: 05144701)

ABBREVIATED BALANCE SHEET - continued
31 JULY 2014


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 Board of Directors on 31 October 2014 and were signed on its
behalf by:





J Mills - Director


The notes form part of these abbreviated accounts

Page 2
INTEX FACADES LIMITED (REGISTERED NUMBER: 05144701)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2014


1. ACCOUNTING POLICIES

Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting
Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied
consistently (except as otherwise stated).

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 and services, net of value added tax and trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Short leasehold - 20% on cost
Improvements to property - 20% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

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

Turnover and profits
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Profit is recognised on long-term contracts, if the final outcome can be assessed with reasonable certainty,
by including in the profit and loss account turnover and related costs as contract activity progresses.
Turnover is calculated as that proportion of total contract value which costs to date bear to total expected
costs for that contract.

Long term contracts
Amounts recoverable on long term contracts, which are included in debtors, are stated at the net sales
value of the work done after provision for contingencies and anticipated future losses on contracts, less
amounts received as progress payments on account. Excess progress payments are included in creditors
as payments on account.

Goodwill
Acquired goodwill is written off in equal instalments over its estimated useful economic life.

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INTEX FACADES LIMITED (REGISTERED NUMBER: 05144701)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 JULY 2014


2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 August 2013
and 31 July 2014 5,000
AMORTISATION
At 1 August 2013
and 31 July 2014 4,999
NET BOOK VALUE

At 31 July 2014 1
At 31 July 2013 1

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 August 2013 52,338
Additions 10,655
Disposals (12,000 )
At 31 July 2014 50,993
DEPRECIATION
At 1 August 2013 38,509
Charge for year 4,738
Eliminated on disposal (10,121 )
At 31 July 2014 33,126
NET BOOK VALUE
At 31 July 2014 17,867
At 31 July 2013 13,829

4. CREDITORS

Creditors include an amount of £ 0 (2013 - £ 4,354 ) for which security has been given.

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
6 Ordinary A £1 6 6
4 Ordinary B £1 4 4
4 Ordinary C £1 4 4
4 Ordinary D £1 4 4
18 18

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