Yorke R SOT Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04837249 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 September 2014

for

Yorke R SOT Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

R Yorke

SECRETARY:

C M P Yorke

REGISTERED OFFICE:

17 Mingary

Vigo

Birtley

Co. Durham

DH3 2JB

REGISTERED NUMBER:

04837249 (England and Wales)

ACCOUNTANTS:

Pullan Barnes

Chartered Accountants

Stephenson House

Richard Street

Hetton-le-Hole

Tyne and Wear

DH5 9HW

FIXED ASSETS

Tangible assets

2

15,894

20,567

CURRENT ASSETS

Stocks

94,876

86,788

Debtors

55,182

54,385

Cash at bank

68,877

52,046

218,935

193,219

CREDITORS

Amounts falling due within one year

56,613

68,128

NET CURRENT ASSETS

162,322

125,091

TOTAL ASSETS LESS CURRENT LIABILITIES

178,216

145,658

CREDITORS

Amounts falling due after more than one year

(5,000

)

(5,000

)

PROVISIONS FOR LIABILITIES

(3,179

)

(4,113

)

NET ASSETS

170,037

136,545

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

170,036

136,544

SHAREHOLDERS' FUNDS

170,037

136,545

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 17 June 2015 and were signed by:

R Yorke - 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire

purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over

their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital

element of the future payments is treated as a liability.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2013

52,686

Additions

599

At 30 September 2014

53,285

DEPRECIATION

At 1 October 2013

32,119

Charge for year

5,272

At 30 September 2014

37,391

NET BOOK VALUE

At 30 September 2014

15,894

At 30 September 2013

20,567

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.14

30.9.13

value:

£

£

1

Ordinary

£1

1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2014 and

30 September 2013:

30.9.14

30.9.13

£

£

R Yorke

Balance outstanding at start of year

-

-

Amounts advanced

3,924

-

Amounts repaid

-

-

Balance outstanding at end of year

3,924

-