Abbreviated Company Accounts - EASY MIX CONCRETE LIMITED

EASY MIX CONCRETE LIMITED - Company Information

Registered Number 05291150

EASY MIX CONCRETE LIMITED

Abbreviated Accounts

31 March 2014

EASY MIX CONCRETE LIMITED Registered Number 05291150

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	1,053,348	1,036,612
		1,053,348	1,036,612
Current assets
Stocks		205,013	54,078
Debtors		959,340	577,965
Cash at bank and in hand		66,165	4,632
		1,230,518	636,675
Creditors: amounts falling due within one year		(862,166)	(690,781)
Net current assets (liabilities)		368,352	(54,106)
Total assets less current liabilities		1,421,700	982,506
Creditors: amounts falling due after more than one year		(263,573)	(230,126)
Accruals and deferred income		(191,166)	(159,781)
Total net assets (liabilities)		966,961	592,599
Capital and reserves
Called up share capital		100	100
Profit and loss account		966,861	592,499
Shareholders' funds		966,961	592,599

For the year ending 31 March 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 15 December 2014

And signed on their behalf by:
A M Collins, Director

EASY MIX CONCRETE LIMITED Registered Number 05291150

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

At the year end the company had significant funds available. There were no material uncertainties related to events or conditions that cast significant doubt on the ability of the company to continue in existence. The director believes the company is a going concern.

Turnover policy
Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimates residual value, over their expected useful lives on the following bases:

Plant & machinery - 10% reducing balance
Fixtures & fittings - 25% reducing balance
Office equipment - 33% straight line

2Intangible fixed assets

	£
Cost
At 1 April 2013	1,383,841
Additions	423,049
Disposals	(366,726)
Revaluations	-
Transfers	-
At 31 March 2014	1,440,164
Amortisation
At 1 April 2013	347,229
Charge for the year	101,968
On disposals	(62,381)
At 31 March 2014	386,816
Net book values
At 31 March 2014	1,053,348
At 31 March 2013	1,036,612