Abbreviated Company Accounts - SIMMONS BILT CLOTHING COMPANY LTD
Abbreviated Company Accounts - SIMMONS BILT CLOTHING COMPANY LTD
Registered Number SC432268
SIMMONS BILT CLOTHING COMPANY LTD
Abbreviated Accounts
30 November 2014
SIMMONS BILT CLOTHING COMPANY LTD Registered Number SC432268
Abbreviated Balance Sheet as at 30 November 2014
Notes | 2014 | 2013 | |
---|---|---|---|
£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
|
|
|
|||
Current assets | |||
Stocks |
|
|
|
Debtors |
|
|
|
Cash at bank and in hand |
|
|
|
|
|
||
Creditors: amounts falling due within one year |
( |
( |
|
Net current assets (liabilities) |
( |
( |
|
Total assets less current liabilities |
( |
( |
|
Total net assets (liabilities) |
( |
( |
|
Capital and reserves | |||
Called up share capital | 3 |
|
|
Profit and loss account |
( |
( |
|
Shareholders' funds |
( |
( |
For the year ending 30 November 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
And signed on their behalf by:
SIMMONS BILT CLOTHING COMPANY LTD Registered Number SC432268
Notes to the Abbreviated Accounts for the period ended 30 November 2014
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Leasehold properties - Straight line over the length of the lease
Plant and machinery - 20% reducing balance
Fixtures, fittings
And equipment - 20% reducing balance
Computer equipment - 3 years straight line
Other accounting policies
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Stock
Stock is valued at the lower of cost and net realisable value.
£ | |
---|---|
Cost | |
At 1 December 2013 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 30 November 2014 |
|
Depreciation | |
At 1 December 2013 |
|
Charge for the year |
|
On disposals |
|
At 30 November 2014 |
|
Net book values | |
At 30 November 2014 | 30,490 |
At 30 November 2013 | 41,203 |