Select Window Installations Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03811593 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 August 2014

for

Select Window Installations Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

C J Hylands

SECRETARY:

L C Green

REGISTERED OFFICE:

65 St Mary Street

Chippenham

Wiltshire

SN15 3JF

REGISTERED NUMBER:

03811593 (England and Wales)

ACCOUNTANTS:

Mander Duffill

Chartered Accountants

65 St Mary Street

Chippenham

Wiltshire

SN15 3JF

FIXED ASSETS

Tangible assets

2

2,022

2,617

CURRENT ASSETS

Stocks

480

440

Debtors

5,082

3,128

Cash at bank

43,678

30,893

49,240

34,461

CREDITORS

Amounts falling due within one year

15,432

10,671

NET CURRENT ASSETS

33,808

23,790

TOTAL ASSETS LESS CURRENT LIABILITIES

35,830

26,407

PROVISIONS FOR LIABILITIES

404

523

NET ASSETS

35,426

25,884

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

35,326

25,784

SHAREHOLDERS' FUNDS

35,426

25,884

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2014 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 29 May 2015 and were signed by:

C J Hylands - Director

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 represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

20% on reducing balance

Office equipment

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2013

and 31 August 2014

4,643

DEPRECIATION

At 1 September 2013

2,026

Charge for year

595

At 31 August 2014

2,621

NET BOOK VALUE

At 31 August 2014

2,022

At 31 August 2013

2,617

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.14

31.8.13

value:

£

£

100

Ordinary

£1

100

100