Abbreviated Company Accounts - CURTIS OFFICE LIMITED

CURTIS OFFICE LIMITED - Company Information

08511324 CURTIS OFFICE LIMITED 2014-07-31 false 2013-04-30 2014-07-31 true 08511324 2013-04-30 2014-07-31 08511324 2014-07-31 08511324 uk-gaap-cd-bus:Director1 2013-04-30 2014-07-31 08511324 uk-gaap-cd-bus:Director2 2013-04-30 2014-07-31 uk-gaap-cd-bus:Director3 2013-04-30 2014-07-31 uk-gaap-cd-bus:Director3 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-30 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 iso4217:GBP shares

Registered Number 08511324

CURTIS OFFICE LIMITED

Abbreviated Accounts

31 July 2014

CURTIS OFFICE LIMITED Registered Number 08511324

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014
		£
Fixed assets
Tangible assets	2	3,645
		3,645
Current assets
Stocks		87,575
Debtors		193,381
Cash at bank and in hand		17,132
		298,088
Creditors: amounts falling due within one year	3	(300,940)
Net current assets (liabilities)		(2,852)
Total assets less current liabilities		793
Total net assets (liabilities)		793
Capital and reserves
Called up share capital	4	100
Profit and loss account		693
Shareholders' funds		793

For the year ending 31 July 2014 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 29 May 2015

And signed on their behalf by:
N Jarvie, Director

CURTIS OFFICE LIMITED Registered Number 08511324

Notes to the Abbreviated Accounts for the period ended 31 July 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared on the going concern basis, the validity of which depends upon the continuing support of the directors and creditors of the company. If the going concern basis proved not to be valid, adjustments would have to be made to restate the value of assets to their recoverable amount, to provide any further liabilities that may arise and reclassify fixed assets as current assets and long term liabilities as current liabilities.

Accounting convention
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 net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost

Other accounting policies
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Invoice discounting facility
The invoice discounting facility represents amounts received in respect of financed debts. There is full recourse to the company for losses on debts and so the financed debts continue to be recognised on the balance sheet. Interest and other charges relating to invoice financing are recognised in the profit and loss account over the relevant period.

2Tangible fixed assets

	£
Cost
Additions	5,000
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	5,000
Depreciation
Charge for the year	1,355
On disposals	-
At 31 July 2014	1,355
Net book values
At 31 July 2014	3,645

3Creditors

	2014 £
Secured Debts	89,457

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £
100 Ordinary shares of £1 each	100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

5Transactions with directors

Name of director receiving advance or credit:	N Jarvie
Description of the transaction:	The following advances and credits to a director subsisted during the period ended 31 July 2014
Balance at 30 April 2013:	-
Advances or credits made:	£ 19,565
Advances or credits repaid:	£ 12,500
Balance at 31 July 2014:	£ 7,065