Abbreviated Company Accounts - SHOTLEY JOINERY LIMITED
Abbreviated Company Accounts - SHOTLEY JOINERY LIMITED
Registered Number 07022791
SHOTLEY JOINERY LIMITED
Abbreviated Accounts
30 September 2016
SHOTLEY JOINERY LIMITED Registered Number 07022791
Abbreviated Balance Sheet as at 30 September 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Provisions for liabilities |
( |
( |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 3 |
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Profit and loss account |
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Shareholders' funds |
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For the year ending 30 September 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
And signed on their behalf by:
SHOTLEY JOINERY LIMITED Registered Number 07022791
Notes to the Abbreviated Accounts for the period ended 30 September 2016
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Plant and machinery - 15% reducing balance
Fixtures, fittings
and equipment - 25% straight line
Motor vehicles - 25% reducing balance
Other accounting policies
Stock is valued at the lower of cost and net realisable value.
Pensions
The pension costs charged in the financial statements represent the contribution payable by the company during the year.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more, tax.
£ | |
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Cost | |
At 1 October 2015 |
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Additions |
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Disposals |
( |
Revaluations |
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Transfers |
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At 30 September 2016 |
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Depreciation | |
At 1 October 2015 |
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Charge for the year |
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On disposals |
( |
At 30 September 2016 |
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Net book values | |
At 30 September 2016 | 24,399 |
At 30 September 2015 | 15,362 |