Euroclean Contractors Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03334400 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

EUROCLEAN CONTRACTORS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr W P Andrews

Mrs C M Andrews

SECRETARY:

Mrs C M Andrews

REGISTERED OFFICE:

The Gate House

Lympne Industrial Estate

Lympne

Hythe

Kent

CT21 4LR

REGISTERED NUMBER:

03334400 (England and Wales)

ACCOUNTANTS:

Michael Martin Partnership Limited

Chartered Certified Accountants

3 Queen Street

Ashford

Kent

TN23 1RF

FIXED ASSETS

Tangible assets

2

33,710

24,775

CURRENT ASSETS

Stocks

10,768

7,657

Debtors

90,832

100,376

Cash at bank

21,050

6,013

122,650

114,046

CREDITORS

Amounts falling due within one year

125,251

104,320

NET CURRENT (LIABILITIES)/ASSETS

(2,601

)

9,726

TOTAL ASSETS LESS CURRENT LIABILITIES

31,109

34,501

CREDITORS

Amounts falling due after more than one year

7,331

-

NET ASSETS

23,778

34,501

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

23,678

34,401

SHAREHOLDERS' FUNDS

23,778

34,501

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 directors acknowledge their 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 Board of Directors on 15 December 2014 and were signed on its behalf by:

Mr W P Andrews - 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.

Plant and machinery etc

-

25% on reducing balance, 25% on cost and 20% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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

71,552

Additions

14,935

At 31 March 2014

86,487

DEPRECIATION

At 1 April 2013

46,777

Charge for year

6,000

At 31 March 2014

52,777

NET BOOK VALUE

At 31 March 2014

33,710

At 31 March 2013

24,775

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

100

Ordinary

£1

100

100