Slades Countrywise Honiton Ltd - Limited company - abbreviated - 11.0.0
Slades Countrywise Honiton Ltd - Limited company - abbreviated - 11.0.0
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts for the Year Ended 30th June 2014 |
for |
Slades Countrywise Honiton Ltd |
Slades Countrywise Honiton Ltd (Registered number: 02818766) |
Contents of the Abbreviated Accounts |
for the Year Ended 30th June 2014 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
Slades Countrywise Honiton Ltd |
Company Information |
for the Year Ended 30th June 2014 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
BANKERS: |
Slades Countrywise Honiton Ltd (Registered number: 02818766) |
Abbreviated Balance Sheet |
30th June 2014 |
2014 | 2013 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
( |
) | ( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
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. |
Slades Countrywise Honiton Ltd (Registered number: 02818766) |
Abbreviated Balance Sheet - continued |
30th June 2014 |
The financial statements were approved by the Board of Directors on |
Slades Countrywise Honiton Ltd (Registered number: 02818766) |
Notes to the Abbreviated Accounts |
for the Year Ended 30th June 2014 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The accounts have been prepared in accordance with applicable accounting standards under the historic cost |
convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
Accounting convention |
The following accounting policies have been consistently applied in dealing with the items which are considered |
material to the company's accounts. |
Turnover |
Turnover consists of the invoiced value, excluding VAT, for goods and services supplied to third parties in the |
ordinary course of business during the year. |
Tangible fixed assets and depreciation |
Fixtures, fittings & equipment | - |
Commercial vehicles | - |
Stocks |
Stock is stated at the lower of cost and net realisable value in the ordinary course of business. |
Taxation |
The charge for taxation is based on the trading loss for the year and takes into account deferred taxation. Full |
provision is made for deferred tax liabilities arising from timing differences between the recognition of gains and |
losses in the accounts and their recognition for corporate tax purposes. No account is taken for any deferred tax |
assets where they arise. |
Hire purchase commitments |
Assets held under hire purchase contracts are capitalised and depreciated over their useful lives. The |
corresponding obligation is treated in the Balance Sheet as a liability. The interest element of the contract is |
charged to the Profit and Loss Account over the period of the contract as a constant proportion of the outstanding |
balance of capital repayments. |
All other leases are accounted for as operating leases and the rental charges are charged to the profit and loss |
account on a straight line basis over the period of the lease. |
Pension costs |
The company operates a defined contribution pension scheme. Contributions payable to the pension scheme are |
charged to the profit and loss account in the year to which they relate. The assets of the scheme are invested and |
managed independently of the finances of the company. |
Slades Countrywise Honiton Ltd (Registered number: 02818766) |
Notes to the Abbreviated Accounts - continued |
for the Year Ended 30th June 2014 |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1st July 2013 |
and 30th June 2014 |
DEPRECIATION |
At 1st July 2013 |
Charge for year |
At 30th June 2014 |
NET BOOK VALUE |
At 30th June 2014 |
At 30th June 2013 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2014 | 2013 |
value: | £ | £ |
Ordinary | £1 |
4. | ULTIMATE CONTROLLING PARTY |
The company is controlled by P J Scott-Allen and Mrs S L Scott-Allen by virtue of their 100% shareholding. |