Abbreviated Company Accounts - OXDEN FLOORS LIMITED

OXDEN FLOORS LIMITED - Company Information

01903952 OXDEN FLOORS LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 01903952 2013-04-01 2014-03-31 01903952 2014-03-31 01903952 2013-03-31 01903952 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 01903952 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2013-03-31 iso4217:GBP shares

Registered Number 01903952

OXDEN FLOORS LIMITED

Abbreviated Accounts

31 March 2014

OXDEN FLOORS LIMITED Registered Number 01903952

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	121,975	114,499
		121,975	114,499
Current assets
Stocks		9,829	10,373
Debtors		302,401	306,784
Cash at bank and in hand		90,143	99,331
		402,373	416,488
Creditors: amounts falling due within one year	3	(228,266)	(238,373)
Net current assets (liabilities)		174,107	178,115
Total assets less current liabilities		296,082	292,614
Creditors: amounts falling due after more than one year	3	(13,895)	-
Provisions for liabilities		(6,211)	(3,136)
Total net assets (liabilities)		275,976	289,478
Capital and reserves
Called up share capital	4	1,160	1,160
Profit and loss account		274,816	288,318
Shareholders' funds		275,976	289,478

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 22 December 2014

And signed on their behalf by:
L J Fox, Director

OXDEN FLOORS LIMITED Registered Number 01903952

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

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life

Freehold property 2% on cost
Office furniture and equipment 20% on reducing balance
Motor vehicles 25% on reducing balance

Other accounting policies
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.

2Tangible fixed assets

	£
Cost
At 1 April 2013	174,237
Additions	28,016
Disposals	(902)
Revaluations	-
Transfers	-
At 31 March 2014	201,351
Depreciation
At 1 April 2013	59,738
Charge for the year	20,282
On disposals	(644)
At 31 March 2014	79,376
Net book values
At 31 March 2014	121,975
At 31 March 2013	114,499

3Creditors

	2014 £	2013 £
Secured Debts	22,029	0

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1,000 A Ordinary shares of £1 each	1,000	1,000
160 B Ordinary shares of £1 each	160	160