Furnival Steel Company Limited - Limited company - abbreviated - 11.6
Furnival Steel Company Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| FURNIVAL STEEL COMPANY LIMITED |
| ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31ST MARCH 2014 |
| FURNIVAL STEEL COMPANY LIMITED (REGISTERED NUMBER: 06654785) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the year ended 31ST MARCH 2014 |
| Page |
| Abbreviated Balance Sheet | 1 |
| Notes to the Abbreviated Accounts | 3 |
| FURNIVAL STEEL COMPANY LIMITED (REGISTERED NUMBER: 06654785) |
| ABBREVIATED BALANCE SHEET |
| 31ST MARCH 2014 |
| 2014 | 2013 |
| Notes | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
4 |
( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| FURNIVAL STEEL COMPANY LIMITED (REGISTERED NUMBER: 06654785) |
| ABBREVIATED BALANCE SHEET - continued |
| 31ST MARCH 2014 |
| 2014 | 2013 |
| Notes | £ | £ |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the director on |
| FURNIVAL STEEL COMPANY LIMITED (REGISTERED NUMBER: 06654785) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the year ended 31ST MARCH 2014 |
| 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. |
| Goodwill |
| Tangible fixed assets |
| Land and buildings | - |
| Plant and machinery etc | - |
| 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. |
| FURNIVAL STEEL COMPANY LIMITED (REGISTERED NUMBER: 06654785) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the year ended 31ST MARCH 2014 |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st April 2013 |
| and 31st March 2014 |
| AMORTISATION |
| At 1st April 2013 |
| Amortisation for year |
| At 31st March 2014 |
| NET BOOK VALUE |
| At 31st March 2014 |
| At 31st March 2013 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st April 2013 |
| Additions |
| Disposals | ( |
) |
| At 31st March 2014 |
| DEPRECIATION |
| At 1st April 2013 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31st March 2014 |
| NET BOOK VALUE |
| At 31st March 2014 |
| At 31st March 2013 |
| FURNIVAL STEEL COMPANY LIMITED (REGISTERED NUMBER: 06654785) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the year ended 31ST MARCH 2014 |
| 4. | CREDITORS |
| Creditors include the following debts falling due in more than five years: |
| 2014 | 2013 |
| £ | £ |
| Repayable by instalments | 35,052 | 42,756 |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary | £1 |