| Surrey Lets Limited |
| Registered number: |
06747565 |
| Abbreviated Balance Sheet |
| as at 28 February 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
4,443 |
|
|
8,028 |
|
| Current assets |
| Debtors |
|
|
43,733 |
|
|
34,164 |
| Cash at bank and in hand |
|
|
6,245 |
|
|
24,504 |
|
|
|
49,978 |
|
|
58,668 |
|
| Creditors: amounts falling due within one year |
|
|
(40,057) |
|
|
(40,248) |
|
| Net current assets |
|
|
|
9,921 |
|
|
18,420 |
|
| Total assets less current liabilities |
|
|
|
14,364 |
|
|
26,448 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(13,324) |
|
|
(24,761) |
|
| Provisions for liabilities |
|
|
|
(889) |
|
|
(1,606) |
|
|
| Net assets |
|
|
|
151 |
|
|
81 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
100 |
|
|
2 |
| Profit and loss account |
|
|
|
51 |
|
|
79 |
|
| Shareholders' funds |
|
|
|
151 |
|
|
81 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| S Asling |
| Director |
| Approved by the board on 17 November 2014 |
|
| Surrey Lets Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 28 February 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Motor vehicles |
25% straight line |
|
Fixtures, fittings and equipment |
25% straight line |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 March 2013 |
18,298 |
|
Additions |
462 |
|
At 28 February 2014 |
18,760 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 March 2013 |
10,270 |
|
Charge for the year |
4,047 |
|
At 28 February 2014 |
14,317 |
|
|
|
|
|
|
|
|
Net book value |
|
At 28 February 2014 |
4,443 |
|
At 28 February 2013 |
8,028 |
|
|
|
|
|
|
|
|
| 3 |
Loans |
2014 |
|
2013 |
| £ |
£ |
|
Creditors include: |
|
Secured bank loans |
16,990 |
|
25,001 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
2 |
|
|
|
|
|
|
|
|
|
| Nominal |
Number |
Amount |
| value |
£ |
|
Shares issued during the period for cash at par: |
|
Ordinary shares |
£1 each |
|
98 |
|
98 |
|
|
|
|
|
|
|
|
| 5 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
S Asling |
|
Loan 1 |
27,143 |
|
43,702 |
|
(27,143) |
|
43,702 |
|
|
|
27,143 |
|
43,702 |
|
(27,143) |
|
43,702 |
|
|
|
|
|
|
|
|
|
