| Vanguard (2001) Limited |
| Registered number: |
04210650 |
| Abbreviated Balance Sheet |
| as at 31 December 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
12,002 |
|
|
16,002 |
| Tangible assets |
3 |
|
|
96,352 |
|
|
64,636 |
|
|
|
|
108,354 |
|
|
80,638 |
|
| Current assets |
| Debtors |
|
|
841,105 |
|
|
693,864 |
| Cash at bank and in hand |
|
|
103,409 |
|
|
214,769 |
|
|
|
944,514 |
|
|
908,633 |
|
| Creditors: amounts falling due within one year |
|
|
(184,447) |
|
|
(375,669) |
|
| Net current assets |
|
|
|
760,067 |
|
|
532,964 |
|
| Net assets |
|
|
|
868,421 |
|
|
613,602 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
868,321 |
|
|
613,502 |
|
| Shareholders' funds |
|
|
|
868,421 |
|
|
613,602 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mr S Baird |
| Director |
| Approved by the board on 9 September 2015 |
|
| Vanguard (2001) Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 December 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
25% reducing balance |
|
Motor vehicles |
25% reducing balance |
|
|
Pensions |
|
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 January 2014 |
20,002 |
|
At 31 December 2014 |
20,002 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 January 2014 |
4,000 |
|
Provided during the year |
4,000 |
|
At 31 December 2014 |
8,000 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2014 |
12,002 |
|
At 31 December 2013 |
16,002 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 January 2014 |
239,442 |
|
Additions |
61,155 |
|
Disposals |
(25,000) |
|
At 31 December 2014 |
275,597 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2014 |
174,806 |
|
Charge for the year |
23,225 |
|
On disposals |
(18,786) |
|
At 31 December 2014 |
179,245 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2014 |
96,352 |
|
At 31 December 2013 |
64,636 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
