Landmark Scaffolding Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03505609 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2014

FOR

LANDMARK SCAFFOLDING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr D S Sheldrake

Mrs N J Sheldrake

SECRETARY:

Mrs N J Sheldrake

REGISTERED OFFICE:

Suite 4, East Barton Barns

East Barton Road

Great Barton

Bury St. Edmunds

Suffolk

IP31 2QY

REGISTERED NUMBER:

03505609 (England and Wales)

ACCOUNTANTS:

Twinn Accountants Limited

Suite 4, East Barton Barns

East Barton Road

Great Barton

Bury St. Edmunds

Suffolk

IP31 2QY

FIXED ASSETS

Tangible assets

2

670,093

553,644

CURRENT ASSETS

Stocks

60,920

30,898

Debtors

582,068

649,273

642,988

680,171

CREDITORS

Amounts falling due within one year

469,725

352,838

NET CURRENT ASSETS

173,263

327,333

TOTAL ASSETS LESS CURRENT LIABILITIES

843,356

880,977

CREDITORS

Amounts falling due after more than one year

(45,789

)

(103,067

)

PROVISIONS FOR LIABILITIES

(63,072

)

(36,358

)

NET ASSETS

734,495

741,552

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

733,495

740,552

SHAREHOLDERS' FUNDS

734,495

741,552

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 13 July 2015 and were signed on its behalf by:

Mr D S Sheldrake - 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, except in respect of service

contracts where turnover is recognised when the company obtains the right to consideration.

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.

Freehold Land

-

not provided

Improvements to property

-

10% on cost

Plant & equipment

-

25% on cost, 20% on cost and 10% on cost

Motor vehicles

-

25% on cost

Office equipment

-

25% on cost

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.

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 December 2013

1,878,973

Additions

367,021

Disposals

(93,583

)

At 30 November 2014

2,152,411

DEPRECIATION

At 1 December 2013

1,325,329

Charge for year

179,782

Eliminated on disposal

(22,793

)

At 30 November 2014

1,482,318

NET BOOK VALUE

At 30 November 2014

670,093

At 30 November 2013

553,644

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1,000

Ordinary

1

1,000

1,000