Abbreviated Company Accounts - SEQUOIA JOINERY LIMITED

SEQUOIA JOINERY LIMITED - Company Information

Registered Number SC171882

SEQUOIA JOINERY LIMITED

Abbreviated Accounts

31 January 2015

SEQUOIA JOINERY LIMITED Registered Number SC171882

Abbreviated Balance Sheet as at 31 January 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	51,723	35,780
		51,723	35,780
Current assets
Stocks		103,393	131,510
Debtors		201,804	231,365
Cash at bank and in hand		59,215	47,269
		364,412	410,144
Prepayments and accrued income		-	697
Creditors: amounts falling due within one year		(91,927)	(110,597)
Net current assets (liabilities)		272,485	300,244
Total assets less current liabilities		324,208	336,024
Provisions for liabilities		(3,785)	-
Total net assets (liabilities)		320,423	336,024
Capital and reserves
Called up share capital		2	2
Profit and loss account		320,421	336,022
Shareholders' funds		320,423	336,024

For the year ending 31 January 2015 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 29 October 2015

And signed on their behalf by:
J E Gordon, Director

SEQUOIA JOINERY LIMITED Registered Number SC171882

Notes to the Abbreviated Accounts for the period ended 31 January 2015

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
and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Plant & machinery is depreciated at 25% on a reducing balance basis
Fixtures, fittings & equipment is depreciated at 25% on a straight line basis
Motor vehicles are depreciated at 25% on a reducing balance basis

2Tangible fixed assets

	£
Cost
At 1 February 2014	114,884
Additions	36,378
Disposals	(57,908)
Revaluations	-
Transfers	-
At 31 January 2015	93,354
Depreciation
At 1 February 2014	79,104
Charge for the year	10,167
On disposals	(47,640)
At 31 January 2015	41,631
Net book values
At 31 January 2015	51,723
At 31 January 2014	35,780