Abbreviated Company Accounts - SEVERNSIDE FABRICS LIMITED

Abbreviated Company Accounts - SEVERNSIDE FABRICS LIMITED

SEVERNSIDE FABRICS LIMITED - Company Information

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Registered Number 01093949

SEVERNSIDE FABRICS LIMITED

Abbreviated Accounts

31 March 2014

SEVERNSIDE FABRICS LIMITED Registered Number 01093949

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Called up share capital not paid - -
Fixed assets
Tangible assets 2 189,561 170,065
189,561 170,065
Current assets
Stocks 565,167 514,633
Debtors 689,006 666,884
Cash at bank and in hand 87,375 61,717
1,341,548 1,243,234
Creditors: amounts falling due within one year (410,400) (502,631)
Net current assets (liabilities) 931,148 740,603
Total assets less current liabilities 1,120,709 910,668
Total net assets (liabilities) 1,120,709 910,668
Capital and reserves
Called up share capital 400,000 400,000
Profit and loss account 720,709 510,668
Shareholders' funds 1,120,709 910,668
  • For the year ending 31 March 2014 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 21 October 2014

And signed on their behalf by:
Mr D M Neary, Director

SEVERNSIDE FABRICS LIMITED Registered Number 01093949

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
These abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

2Tangible fixed assets
£
Cost
At 1 April 2013 735,210
Additions 47,961
Disposals (15,094)
Revaluations 0
Transfers 0
At 31 March 2014 768,077
Depreciation
At 1 April 2013 565,145
Charge for the year 25,720
On disposals (12,349)
At 31 March 2014 578,516
Net book values
At 31 March 2014 189,561
At 31 March 2013 170,065