Eclipse Fencing Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07196743 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2014

FOR

ECLIPSE FENCING LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

A D Swan

REGISTERED OFFICE:

Martin Moor

Metheringham

Lincoln

Lincolnshire

LN4 3BQ

REGISTERED NUMBER:

07196743 (England and Wales)

ACCOUNTANTS:

Philip Ross & Co

2A Knowle Street

Mablethorpe

Lincolnshire

LN12 2BG

FIXED ASSETS

Tangible assets

2

25,900

20,571

CURRENT ASSETS

Stocks

35,000

28,000

Debtors

8,602

10,871

Cash at bank and in hand

32,887

19,762

76,489

58,633

CREDITORS

Amounts falling due within one year

86,434

66,920

NET CURRENT LIABILITIES

(9,945

)

(8,287

)

TOTAL ASSETS LESS CURRENT LIABILITIES

15,955

12,284

CREDITORS

Amounts falling due after more than one year

7,846

11,579

NET ASSETS

8,109

705

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

8,108

704

SHAREHOLDERS' FUNDS

8,109

705

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 4 December 2014 and were signed by:

A D Swan - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

26,276

Additions

12,745

At 31 March 2014

39,021

DEPRECIATION

At 1 April 2013

5,705

Charge for year

7,416

At 31 March 2014

13,121

NET BOOK VALUE

At 31 March 2014

25,900

At 31 March 2013

20,571

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Ordinary

£1

1

1