| Frew Tools Limited |
| Registered number: |
04311253 |
| Abbreviated Balance Sheet |
| as at 31 October 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Current assets |
| Stocks |
|
|
4,007 |
|
|
2,588 |
| Debtors |
|
|
16,679 |
|
|
18,945 |
| Cash at bank and in hand |
|
|
17,642 |
|
|
15,263 |
|
|
|
38,328 |
|
|
36,796 |
|
| Creditors: amounts falling due within one year |
|
|
(29,357) |
|
|
(28,283) |
|
| Net current assets |
|
|
|
8,971 |
|
|
8,513 |
|
| Net assets |
|
|
|
8,971 |
|
|
8,513 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
2 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
8,871 |
|
|
8,413 |
|
| Shareholders' funds |
|
|
|
8,971 |
|
|
8,513 |
|
|
|
|
|
|
|
|
| The director is 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 director acknowledges his 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. |
|
|
|
| D Frew |
| Director |
| Approved by the board on 28 November 2014 |
|
| Frew Tools Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 October 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. |
|
|
Equipment |
Written off |
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
D Frew |
|
Current Account |
(12,079) |
|
(15,731) |
|
11,366 |
|
(16,444) |
|
|
|
(12,079) |
|
(15,731) |
|
11,366 |
|
(16,444) |
|
|
|
|
|
|
|
|
|
