SBE Timber Products Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 02059845 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

FOR

SBE TIMBER PRODUCTS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr I N Caldwell

Mr M R Metcalfe

Mr A P Johnson

SECRETARY:

Mr I N Caldwell

REGISTERED OFFICE:

The Estate Yard

Pyebush Lane

Beaconsfield

Buckinghamshire

HP9 2RX

REGISTERED NUMBER:

02059845 (England and Wales)

ACCOUNTANTS:

TGFP

Chartered Accountants

Fulford House

Newbold Terrace

Leamington Spa

Warwickshire

CV32 4EA

FIXED ASSETS

Tangible assets

2

253,547

258,409

CURRENT ASSETS

Debtors

388,183

340,282

Cash in hand

83,491

51,501

471,674

391,783

CREDITORS

Amounts falling due within one year

26,972

20,203

NET CURRENT ASSETS

444,702

371,580

TOTAL ASSETS LESS CURRENT LIABILITIES

698,249

629,989

PROVISIONS FOR LIABILITIES

3,636

4,208

NET ASSETS

694,613

625,781

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

693,613

624,781

SHAREHOLDERS' FUNDS

694,613

625,781

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 16 December 2014 and were signed on its behalf by:

Mr M R Metcalfe - 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).

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

-

15% on reducing balance

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 January 2013

and 31 December 2013

369,639

DEPRECIATION

At 1 January 2013

111,230

Charge for year

4,862

At 31 December 2013

116,092

NET BOOK VALUE

At 31 December 2013

253,547

At 31 December 2012

258,409

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

1,000

Ordinary

£1

1,000

1,000