Abbreviated Company Accounts - TRADE WINDOW SUPPLIES LIMITED

Abbreviated Company Accounts - TRADE WINDOW SUPPLIES LIMITED


Registered Number 06638072

TRADE WINDOW SUPPLIES LIMITED

Abbreviated Accounts

30 November 2013

TRADE WINDOW SUPPLIES LIMITED Registered Number 06638072

Abbreviated Balance Sheet as at 30 November 2013

Notes 2013 2012
£ £
Fixed assets
Intangible assets 2 10,000 12,000
Tangible assets 3 3,198 4,995
13,198 16,995
Current assets
Stocks 2,500 2,500
Debtors 12,947 17,940
Cash at bank and in hand 12,044 2,359
27,491 22,799
Creditors: amounts falling due within one year (39,486) (39,143)
Net current assets (liabilities) (11,995) (16,344)
Total assets less current liabilities 1,203 651
Total net assets (liabilities) 1,203 651
Capital and reserves
Called up share capital 4 3 3
Profit and loss account 1,200 648
Shareholders' funds 1,203 651
  • For the year ending 30 November 2013 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 11 July 2014

And signed on their behalf by:
Gordon Pownall, Director

TRADE WINDOW SUPPLIES LIMITED Registered Number 06638072

Notes to the Abbreviated Accounts for the period ended 30 November 2013

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Plant and machinery - 15% reducing balance
Fixtures, fittings and equipment - 15% reducing balance
Motor vehicles - 25% reducing balance

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful life of 10 years.

Other accounting policies
Stock
Stock is valued at the lower of cost and net realisable value.

2Intangible fixed assets
£
Cost
At 1 December 2012 20,000
Additions -
Disposals -
Revaluations -
Transfers -
At 30 November 2013 20,000
Amortisation
At 1 December 2012 8,000
Charge for the year 2,000
On disposals -
At 30 November 2013 10,000
Net book values
At 30 November 2013 10,000
At 30 November 2012 12,000
3Tangible fixed assets
£
Cost
At 1 December 2012 11,862
Additions -
Disposals (2,643)
Revaluations -
Transfers -
At 30 November 2013 9,219
Depreciation
At 1 December 2012 6,867
Charge for the year 937
On disposals (1,783)
At 30 November 2013 6,021
Net book values
At 30 November 2013 3,198
At 30 November 2012 4,995
4Called Up Share Capital
Allotted, called up and fully paid:
2013
£
2012
£
3Ordinary shares of £1 each 3 3