Solent Mould Tools Limited - Limited company - abbreviated - 11.6
Solent Mould Tools Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2014 |
| FOR |
| SOLENT MOULD TOOLS LIMITED |
| SOLENT MOULD TOOLS LIMITED (REGISTERED NUMBER: 01956918) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 OCTOBER 2014 |
| Page |
| Abbreviated Balance Sheet | 1 |
| Notes to the Abbreviated Accounts | 3 |
| SOLENT MOULD TOOLS LIMITED (REGISTERED NUMBER: 01956918) |
| ABBREVIATED BALANCE SHEET |
| 31 OCTOBER 2014 |
| 31.10.14 | 31.10.13 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 3 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
3 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Capital redemption reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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. |
| SOLENT MOULD TOOLS LIMITED (REGISTERED NUMBER: 01956918) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 OCTOBER 2014 |
| The financial statements were approved by the director on |
| SOLENT MOULD TOOLS LIMITED (REGISTERED NUMBER: 01956918) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 OCTOBER 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 is derived from ordinary activities and stated net of Value Added Tax. Revenue is recognised |
| at the point when the company satisfies a performance obligation to a customer as agreed. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Stocks |
| Stocks of raw materials and work in progress are valued at the lower of cost and net realisable value. |
| The cost of raw materials is calculated on a first in first out basis. Cost of work in progress includes all |
| direct expenditure and an appropriate proportion of fixed and variable overheads. Net realisable value |
| is the estimated proceeds from the sale of stock less all further costs to completion and less all costs |
| to be incurred in marketing, selling and distributing directly related to the item in question. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
| the balance sheet date. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis |
| over the period of the lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the |
| company's pension scheme are charged to the profit and loss account in the period to which they |
| relate. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 November 2013 |
| and 31 October 2014 |
| DEPRECIATION |
| At 1 November 2013 |
| Charge for year |
| At 31 October 2014 |
| NET BOOK VALUE |
| At 31 October 2014 |
| At 31 October 2013 |
| 3. | CREDITORS |
| Creditors include an amount of £ |
| SOLENT MOULD TOOLS LIMITED (REGISTERED NUMBER: 01956918) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 OCTOBER 2014 |
| 3. | CREDITORS - continued |
| They also include the following debts falling due in more than five years: |
| 31.10.14 | 31.10.13 |
| £ | £ |
| Repayable otherwise than by instalments | 15,500 | 15,500 |
| Details of shares shown as liabilities are as follows: |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.10.14 | 31.10.13 |
| value: | £ | £ |
| 5% preference | £1 |
| The preference shares have no rights to attend any general meeting or any voting rights unless the |
| preference dividend is six months in arrears or the business of a meeting includes the consideration of |
| a resolution for winding up or for a reduction in the capital or any resolution adversely modifying the |
| rights of the preference shares when they may vote in respect of such resolution. The preference |
| shares are entitled to be repaid first together with any arrears of dividends on a winding up or on a |
| reduction of capital involving a return of capital. |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.10.14 | 31.10.13 |
| value: | £ | £ |
| Ordinary | £0.15 |
| 5. | ULTIMATE PARENT COMPANY |
| parent company. |