TURNABOUT LANDSCAPES LIMITED - Accounts 2014

TURNABOUT LANDSCAPES LIMITED - Accounts 2014

TURNABOUT LANDSCAPES LIMITED - Company Information

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  TURNABOUT LANDSCAPES LIMITED
         
         
  ABBREVIATED UNAUDITED ACCOUNTS
         
         
  FOR THE YEAR ENDED 31 MARCH 2014
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
  INDEX TO THE ACCOUNTS
         
 
         
  Pages
         
  1 Abbreviated Balance Sheet    
         
  3-4 Notes to the Abbreviated Accounts    
         
 
         
         
         
         
         
         
         
         
  TURNABOUT LANDSCAPES LIMITED
  Company registered number: 06549682
  ABBREVIATED BALANCE SHEET
  AT 31 March 2014
           
    Note 2014 2013
      £ £ £
  FIXED ASSETS
  Intangible assets 2 12,000 14,000
  Tangible Assets 3 10,208 12,620
      22,208 26,620
         
  CURRENT ASSETS
  Stock 1d 1,000 5,000
  Debtors falling due within one year   4,291 91
  Cash at bank and in hand   24,602 15,724
      29,893 20,815
  CREDITORS: Amounts falling due within one year   27,252 15,749
  NET CURRENT ASSETS   2,641 5,066
  TOTAL ASSETS LESS CURRENT LIABILITIES   24,849 31,686
           
  CREDITORS: Amounts falling due after more than one year (4,072) (8,159)
           
  Provisions for Liabilities   (1,484) (1,844)
  NET ASSETS   £19,293 £21,683
       
  CAPITAL AND RESERVES
  Called up share capital 4 1 1
  Profit and loss account   19,292 21,682
  SHAREHOLDERS' FUNDS   £19,293 £21,683
       
   
  The notes on pages 3 to 4 form part of these accounts
  page 1
  Company registered number: 06549682
  ABBREVIATED BALANCE SHEET (CONT.)
  AT 31 March 2014
         
  In approving these financial statements as director of the company I hereby confirm the following:
  For the year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
         
  Directors' responsibilities:
  1) The members have not required the company to obtain an audit for its accounts for the year in question in accordance with section 476,
  2) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
         
  The accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
         
  These abbreviated accounts were approved by the board of directors on 24 January 2015
 
 
         
  Nick Turner, Director
   
  The notes on pages 3 to 4 form part of these accounts
  page 2
  NOTES TO THE ABBREVIATED ACCOUNTS
  FOR THE YEAR ENDED 31 MARCH 2014
       
 
1. ACCOUNTING POLICIES
     
     
1a. Basis of accounting
     
  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).
       
       
1b. Intangible fixed assets - Goodwill
       
  Goodwill is amortised over the balance of its estimated commercial life of 10 years.
         
         
1c. Tangible fixed assets
         
  Fixed assets are shown at historical cost.
         
  Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.
         
         
  Fixtures and fittings Reducing balance 15%    
  Equipment Reducing balance 15%    
  Motor vehicles Reducing balance 25%    
       
       
1d. Stocks
       
  Stocks are stated at the lower of cost and net realisable value. Cost incurred in bringing each product to its present location and condition is based on purchase cost on a first-in, first-out basis, including transport.
       
       
1e. Turnover
       
  Turnover comprises the value of sales (excluding VAT and similar taxes and trade discounts) of goods and services in the normal course of business.
  page 3
  TURNABOUT LANDSCAPES LIMITED
  NOTES TO THE ABBREVIATED ACCOUNTS (CONT.)
  FOR THE YEAR ENDED 31 MARCH 2014
       
       
2. INTANGIBLE FIXED ASSETS 2014 2013
    £ £
  Cost
       
  At 1 April 2013 20,000 20,000
  At 31 March 2014 20,000 20,000
  Depreciation
       
  At 1 April 2013 6,000 4,000
  For the year 2,000 2,000
  At 31 March 2014 8,000 6,000
   
  Net Book Amounts
       
  At 31 March 2014 £12,000 £14,000
   
       
       
3. TANGIBLE FIXED ASSETS 2014 2013
    £ £
  Cost
       
  At 1 April 2013 28,973 28,608
  Additions 332 365
  At 31 March 2014 29,305 28,973
   
  Depreciation
       
  At 1 April 2013 16,353 12,869
  For the year 2,744 3,484
  At 31 March 2014 19,097 16,353
   
  Net Book Amounts
       
  At 31 March 2014 £10,208 £12,620
   
       
       
4. SHARE CAPITAL 2014 2013
    £ £
  Allotted, issued and fully paid:
       
  1 Ordinary share of £1 each £1 £1
   
  page 4