TEME_VALLEY_BEDS_LIMITED - Accounts

TEME VALLEY BEDS LIMITED - Company Information

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Company Registration No. 05152561 (England and Wales)

TEME VALLEY BEDS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2013

TEME VALLEY BEDS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

TEME VALLEY BEDS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 NOVEMBER 2013

- 1 -

2013

2012

Notes

Fixed assets

Tangible assets

11,828

Current assets

Debtors

414

3,484

Cash at bank and in hand

958

1,372

3,557

Creditors: amounts falling due within one year

(21,548)

(8,083)

Net current liabilities

(20,176)

(4,526)

Total assets less current liabilities

(8,348)

(4,526)

Creditors: amounts falling due after more than one year

(10,745)

(19,093)

(4,526)

Capital and reserves

Called up share capital

Profit and loss account

(19,094)

(4,527)

Shareholders' funds

(19,093)

(4,526)

For the financial year ended 30 November 2013 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 1 August 2014

Mrs B T M Hill

Director

Company Registration No. 05152561

TEME VALLEY BEDS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2013

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

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).

1.3

Turnover

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

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Motor vehicles

Fixed assets

Tangible assets

Cost

At 1 December 2012

Additions

15,771

At 30 November 2013

15,771

Depreciation

At 1 December 2012

Charge for the year

3,943

At 30 November 2013

3,943

Net book value

At 30 November 2013

11,828

Share capital

2013

2012

Allotted, called up and fully paid

1 share valued at £1