Abbreviated Company Accounts - SUNBRELLA HIRE SHOP LIMITED

SUNBRELLA HIRE SHOP LIMITED - Company Information

04521020 SUNBRELLA HIRE SHOP LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 04521020 2014-01-01 2014-12-31 04521020 2014-12-31 04521020 2013-12-31 04521020 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 04521020 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 04521020

SUNBRELLA HIRE SHOP LIMITED

Abbreviated Accounts

31 December 2014

SUNBRELLA HIRE SHOP LIMITED Registered Number 04521020

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	3,284	4,379
		3,284	4,379
Current assets
Stocks		146,426	162,533
Debtors		8,057	79
Cash at bank and in hand		3,182	1,765
		157,665	164,377
Creditors: amounts falling due within one year		(121,891)	(138,949)
Net current assets (liabilities)		35,774	25,428
Total assets less current liabilities		39,058	29,807
Total net assets (liabilities)		39,058	29,807
Capital and reserves
Called up share capital	3	50	50
Profit and loss account		39,008	29,757
Shareholders' funds		39,058	29,807

For the year ending 31 December 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 28 September 2015

And signed on their behalf by:
M S ROBERTSON, Director

SUNBRELLA HIRE SHOP LIMITED Registered Number 04521020

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

1Accounting Policies

Basis of measurement and preparation of accounts
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
The turnover shown in the profit and loss account represents amounts for services supplied during the year exclusive of Value Added Tax.

Tangible assets depreciation policy
Fixed assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation if calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures & fittings 15% per annum on write down value
Motor vehicles 20% per annum 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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2Tangible fixed assets

	£
Cost
At 1 January 2014	8,464
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	8,464
Depreciation
At 1 January 2014	4,085
Charge for the year	1,095
On disposals	-
At 31 December 2014	5,180
Net book values
At 31 December 2014	3,284
At 31 December 2013	4,379

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
50 Ordinary shares of £1 each	50	50