Acorn Floors & Furnishings Limited - Limited company - abbreviated

REGISTERED NUMBER: 03916603 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2014

FOR

ACORN FLOORS & FURNISHINGS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr C H Ferguson

Mr A Dallimore

Mrs S J Dallimore

Mrs J E Ferguson

SECRETARY:

Mr C H Ferguson

REGISTERED OFFICE:

c/o Michael Heaven & Associates Ltd

Quadrant Court

48 Calthorpe Road, Edgbaston

BIRMINGHAM

West Midlands

B15 1TH

REGISTERED NUMBER:

03916603 (England and Wales)

ACCOUNTANTS:

Michael Heaven & Associates Limited

Chartered Certified Accountants

Quadrant Court

48 Calthorpe Road

Edgbaston

BIRMINGHAM

B15 1TH

INCORPORATED:

31st January 2000

FIXED ASSETS

Tangible assets

2

1,710

1,535

CURRENT ASSETS

Debtors

74,624

17,594

Cash at bank

9,859

17,181

84,483

34,775

CREDITORS

Amounts falling due within one year

40,662

8,315

NET CURRENT ASSETS

43,821

26,460

TOTAL ASSETS LESS CURRENT
LIABILITIES

45,531

27,995

PROVISIONS FOR LIABILITIES

342

307

NET ASSETS

45,189

27,688

CAPITAL AND RESERVES

Called up share capital

3

1,600

Profit and loss account

43,589

26,088

SHAREHOLDERS' FUNDS

45,189

27,688

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 in accordance with Section 476 of the Companies Act 2006.

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.

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 Board of Directors on 15 January 2015 and were signed on its
behalf by:

Mr C H Ferguson - 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 the value of services provided under contracts to the extent that there is a right to

consideration and is recorded at the value of the consideration due.

Tangible fixed assets

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

Computer equipment - 25% straight line

Plant and machinery - 15% reducing balance

Deferred tax

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

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

3,515

Additions

540

At 30 April 2014

4,055

DEPRECIATION

At 1 May 2013

1,980

Charge for year

365

At 30 April 2014

2,345

NET BOOK VALUE

At 30 April 2014

1,710

At 30 April 2013

1,535

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

75

Ordinary C

£1

75

25

Ordinary D

£1

25

500

Ordinary E

£1

500

Ordinary F

£1

500

Ordinary G

£1

500

1,600

4.	ULTIMATE PARENT COMPANY

Acorn Floors & Furnishings Limited is a wholly owned subsidiary company of Millgold Limited

registered in the UK.

Acorn Floors & Furnishings Limited - Limited company - abbreviated - 11.6

Acorn Floors & Furnishings Limited - Limited company - abbreviated - 11.6