| Flann Building Services Limited |
| Registered number: |
04438333 |
| Abbreviated Balance Sheet |
| as at 31 May 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
13,457 |
|
|
24,268 |
|
| Current assets |
| Stocks |
|
|
- |
|
|
6,750 |
| Debtors |
|
|
14,273 |
|
|
12,060 |
| Cash at bank and in hand |
|
|
85 |
|
|
85 |
|
|
|
14,358 |
|
|
18,895 |
|
| Creditors: amounts falling due within one year |
|
|
(27,705) |
|
|
(41,229) |
|
| Net current liabilities |
|
|
|
(13,347) |
|
|
(22,334) |
|
| Total assets less current liabilities |
|
|
|
110 |
|
|
1,934 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
- |
|
|
(465) |
|
|
|
| Net assets |
|
|
|
110 |
|
|
1,469 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
4 |
|
|
4 |
| Profit and loss account |
|
|
|
106 |
|
|
1,465 |
|
| Shareholders' funds |
|
|
|
110 |
|
|
1,469 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mr M Flann |
| Director |
| Approved by the board on 8 July 2014 |
|
| Flann Building Services Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 May 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts 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, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Tools & Equipment/Plant & Machinery |
15% reducing balance |
|
Motor vehicles |
25% reducing balance |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
Pensions |
|
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 June 2013 |
41,490 |
|
Disposals |
(11,445) |
|
At 31 May 2014 |
30,045 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 June 2013 |
17,222 |
|
Charge for the year |
4,106 |
|
On disposals |
(4,740) |
|
At 31 May 2014 |
16,588 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2014 |
13,457 |
|
At 31 May 2013 |
24,268 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
4 |
|
4 |
|
4 |
|
|
|
|
|
|
|
|
|
