Abbreviated Company Accounts - INGRAM FABRICATIONS LIMITED

Abbreviated Company Accounts - INGRAM FABRICATIONS LIMITED


Registered Number SC110043

INGRAM FABRICATIONS LIMITED

Abbreviated Accounts

31 December 2014

INGRAM FABRICATIONS LIMITED Registered Number SC110043

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 4,895 129
4,895 129
Current assets
Debtors 526 -
Cash at bank and in hand 66,010 72,363
66,536 72,363
Creditors: amounts falling due within one year (4,051) (5,691)
Net current assets (liabilities) 62,485 66,672
Total assets less current liabilities 67,380 66,801
Total net assets (liabilities) 67,380 66,801
Capital and reserves
Called up share capital 100 100
Profit and loss account 67,280 66,701
Shareholders' funds 67,380 66,801
  • 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 30 September 2015

And signed on their behalf by:
Jennifer Ingram, Director

INGRAM FABRICATIONS LIMITED Registered Number SC110043

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
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Equipment - No depreciation
Fixtures & fittings - 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 January 2014 1,048
Additions 4,798
Disposals -
Revaluations -
Transfers -
At 31 December 2014 5,846
Depreciation
At 1 January 2014 919
Charge for the year 32
On disposals -
At 31 December 2014 951
Net book values
At 31 December 2014 4,895
At 31 December 2013 129