Apex Contractors Limited - Abbreviated Accounts
Apex Contractors Limited - Abbreviated Accounts
Company No.
for the year ended 30th June 2014
Company No.
ABBREVIATED BALANCE SHEET
as at 30th June 2014
2013 | ||||||
Note | £ | £ | £ | |||
FIXED ASSETS | ||||||
Intangible assets | - | - | ||||
Tangible assets | 2 | |||||
Investments | - | - | ||||
CURRENT ASSETS | ||||||
Stocks | - | - | ||||
Debtors | ||||||
Investments held as current assets | - | - | ||||
Cash at bank and in hand | - | - | ||||
Creditors: amounts falling due | ||||||
within one year | ||||||
NET CURRENT ASSETS | ||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||
Creditors: amounts falling due | ||||||
after more than one year | - | - | ||||
Provisions for liabilities and charges | ( | ( | ||||
CAPITAL AND RESERVES | ||||||
Called up share capital | ||||||
Share premium account | ||||||
Revaluation reserve | - | - | ||||
Other reserves | - | - | ||||
Profit and loss account | ||||||
SHAREHOLDERS FUNDS |
Approved by the Board on
Director
NOTES TO THE ABBREVIATED ACCOUNTS
for the year ended 30th June 2014
1 Accounting Policies
Turnover
Depreciation
Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant, machinery and vehicles |
Deferred Taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes.
Deferred tax is calculated at the tax rates which are expected to apply in the periods when the timing differences will reverse, and discounted to reflect the time value of money using rates based on the post-tax yields to maturity that could be obtained at the balance sheet date on government bonds with similar maturity dates.
2 Tangible Fixed Assets | |
£ | |
Cost | |
At 1st July 2013 | |
Additions | |
Surplus on revaluation | - |
Disposals | - |
At 30th June 2014 | |
Depreciation | |
At 1st July 2013 | |
Charge for year | |
Released by Disposals | - |
At 30th June 2014 | |
Net Book Value | |
At 30th June 2014 | |
At 30th June 2013 |