Arbor Vitae Environment Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06190118 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

ARBOR VITAE ENVIRONMENT LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

W V Prestwood

SECRETARY:

W V Prestwood

REGISTERED OFFICE:

Lower Betton Farm

Cross Houses

Shrewsbury

Shropshire

SY5 6JD

REGISTERED NUMBER:

06190118 (England and Wales)

ACCOUNTANTS:

Barringtons Limited

Chartered Accountants

Richmond House

570-572 Etruria Road

Basford

Newcastle

Staffordshire

ST5 0SU

FIXED ASSETS

Intangible assets

2

9,000

12,000

Tangible assets

3

4,309

3,745

13,309

15,745

CURRENT ASSETS

Stocks

33,290

21,067

Debtors

35,390

26,687

Cash at bank

13,948

19,670

82,628

67,424

CREDITORS

Amounts falling due within one year

93,520

82,170

NET CURRENT LIABILITIES

(10,892

)

(14,746

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,417

999

PROVISIONS FOR LIABILITIES

470

271

NET ASSETS

1,947

728

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

1,847

628

SHAREHOLDERS' FUNDS

1,947

728

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

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 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 director on 23 December 2014 and were signed by:

W V Prestwood - 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).

Turnover

Turnover represents sales of goods and services net of VAT. Turnover is recognised when the goods and

services are provided to the customer.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.

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

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

25% on cost

Stocks

Stock is valued at the lower of cost and net realisable value after making due allowance for obsolete and slow

moving stock. Cost is determined on a first in first out basis. Work in progress is determined by calculating the

amount of work done and goods supplied.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

30,000

AMORTISATION

At 1 April 2013

18,000

Amortisation for year

3,000

At 31 March 2014

21,000

NET BOOK VALUE

At 31 March 2014

9,000

At 31 March 2013

12,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

14,062

Additions

1,840

At 31 March 2014

15,902

DEPRECIATION

At 1 April 2013

10,317

Charge for year

1,276

At 31 March 2014

11,593

NET BOOK VALUE

At 31 March 2014

4,309

At 31 March 2013

3,745

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

1

100

100

5.	ULTIMATE CONTROLLING PARTY

The controlling party is W V Prestwood.