Abbreviated Company Accounts - ACL DAMP PROOFING & PLASTERING LTD

ACL DAMP PROOFING & PLASTERING LTD - Company Information

Registered Number 06473099

ACL DAMP PROOFING & PLASTERING LTD

Abbreviated Accounts

31 March 2014

ACL DAMP PROOFING & PLASTERING LTD Registered Number 06473099

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	6,000	8,000
Tangible assets	3	12,337	13,498
		18,337	21,498
Current assets
Stocks		7,068	2,568
Debtors		2,062	12,266
Cash at bank and in hand		1,857	-
		10,987	14,834
Creditors: amounts falling due within one year		(39,924)	(40,002)
Net current assets (liabilities)		(28,937)	(25,168)
Total assets less current liabilities		(10,600)	(3,670)
Total net assets (liabilities)		(10,600)	(3,670)
Capital and reserves
Called up share capital		1	1
Profit and loss account		(10,601)	(3,671)
Shareholders' funds		(10,600)	(3,670)

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 10 December 2014

And signed on their behalf by:
MR A LINE, Director

ACL DAMP PROOFING & PLASTERING LTD Registered Number 06473099

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.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 20% reducing balance

Intangible assets amortisation policy
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.

2Intangible fixed assets

	£
Cost
At 1 April 2013	10,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	10,000
Amortisation
At 1 April 2013	2,000
Charge for the year	2,000
On disposals	-
At 31 March 2014	4,000
Net book values
At 31 March 2014	6,000
At 31 March 2013	8,000

3Tangible fixed assets

	£
Cost
At 1 April 2013	15,998
Additions	1,924
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	17,922
Depreciation
At 1 April 2013	2,500
Charge for the year	3,085
On disposals	-
At 31 March 2014	5,585
Net book values
At 31 March 2014	12,337
At 31 March 2013	13,498