Derwent Fencing Limited - Limited company - abbreviated - 11.6
Derwent Fencing Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| Abbreviated Accounts |
| for the Year Ended 30 April 2014 |
| for |
| Derwent Fencing Limited |
| Derwent Fencing Limited (Registered number: 05308726) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 30 April 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Chartered Accountants' Report | 7 |
| Derwent Fencing Limited |
| Company Information |
| for the Year Ended 30 April 2014 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Derwent Fencing Limited (Registered number: 05308726) |
| Abbreviated Balance Sheet |
| 30 April 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| Investment property | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
5 |
( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| 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. |
| Derwent Fencing Limited (Registered number: 05308726) |
| Abbreviated Balance Sheet - continued |
| 30 April 2014 |
| The financial statements were approved by the Board of Directors on behalf by: |
| Derwent Fencing Limited (Registered number: 05308726) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 30 April 2014 |
| 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 net invoiced sales of goods and services, excluding value added tax. |
| Goodwill |
| Tangible fixed assets |
| Plant and machinery | - |
| Motor vehicles | - |
| Computer equipment | - |
| Investment property |
| In accordance with SSAP19, the investment properties are to be included in the balance sheet at their |
| open market values, in order to comply the directors believe no amounts are to be written off |
| investments in the period ending 30 April 2014 (2013: £nil). |
| 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 material timing differences that have originated but not |
| reversed at the balance sheet date. |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 May 2013 |
| and 30 April 2014 |
| AMORTISATION |
| At 1 May 2013 |
| Amortisation for year |
| At 30 April 2014 |
| NET BOOK VALUE |
| At 30 April 2014 |
| At 30 April 2013 |
| Derwent Fencing Limited (Registered number: 05308726) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 30 April 2014 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 May 2013 |
| Additions |
| At 30 April 2014 |
| DEPRECIATION |
| At 1 May 2013 |
| Charge for year |
| At 30 April 2014 |
| NET BOOK VALUE |
| At 30 April 2014 |
| At 30 April 2013 |
| 4. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST |
| At 1 May 2013 |
| and 30 April 2014 |
| DEPRECIATION |
| At 1 May 2013 |
| and 30 April 2014 |
| NET BOOK VALUE |
| At 30 April 2014 |
| At 30 April 2013 |
| 5. | CREDITORS |
| Creditors include an amount of £ |
| They also include the following debts falling due in more than five years: |
| 2014 | 2013 |
| £ | £ |
| Repayable by instalments | 84,466 | 85,434 |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary | £1 |
| Derwent Fencing Limited (Registered number: 05308726) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 30 April 2014 |
| 7. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the years ended 30 April 2014 and |
| 30 April 2013: |
| 2014 | 2013 |
| £ | £ |
| Balance outstanding at start of year | ( |
) | ( |
) |
| Amounts advanced | ( |
) | ( |
) |
| Amounts repaid |
| Balance outstanding at end of year | ( |
) | ( |
) |
| Balance outstanding at start of year | ( |
) | ( |
) |
| Amounts advanced | ( |
) | ( |
) |
| Amounts repaid |
| Balance outstanding at end of year | ( |
) | ( |
) |
| The director's loan account balances, relating to P J Brockley and J P Brockley, can be found in |
| debtors (note 8). |
| 8. | RELATED PARTY DISCLOSURES |
entitled to |
| During the year the company had transactions with Sales in the year amounted to £nil (2013: £nil) and purchases amounted to £nil (2013: £nil). |
| The amount owed from the related party was £ 8). |
| During the year there has been relating to within work-in-progress and will be invoiced in due course. |
| 9. | ULTIMATE CONTROLLING PARTY |
equal holding of all the company's issued share capital. |
| Chartered Accountants' Report to the Board of Directors |
| on the Unaudited Financial Statements of |
| Derwent Fencing Limited |
| The following reproduces the text of the report prepared for the directors in respect of the company's |
| annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on |
| pages two to six) have been prepared. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval |
| the financial statements of Derwent Fencing Limited for the year ended 30 April 2014 which comprise the |
| Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records |
| and from information and explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we |
| are subject to its ethical and other professional requirements which are detailed at |
| icaew.com/membershandbook. |
| This report is made solely to the Board of Directors of Derwent Fencing Limited, as a body, in accordance |
| with the terms of our engagement letter dated 22 November 2012. Our work has been undertaken solely to |
| prepare for your approval the financial statements of Derwent Fencing Limited and state those matters that |
| we have agreed to state to the Board of Directors of Derwent Fencing Limited, as a body, in this report in |
| accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do |
| not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, |
| for our work or for this report. |
| It is your duty to ensure that Derwent Fencing Limited has kept adequate accounting records and to prepare |
| statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit |
| of Derwent Fencing Limited. You consider that Derwent Fencing Limited is exempt from the statutory audit |
| requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of Derwent Fencing |
| Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or |
| information and explanations you have given to us and we do not, therefore, express any opinion on the |
| statutory financial statements. |
| Chartered Accountants |
| 29 January 2015 |