Abbreviated Company Accounts - T K L PLANT SALES AND SERVICES LIMITED

Abbreviated Company Accounts - T K L PLANT SALES AND SERVICES LIMITED

T K L PLANT SALES AND SERVICES LIMITED - Company Information

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Registered Number 02606292

T K L PLANT SALES AND SERVICES LIMITED

Abbreviated Accounts

31 December 2014

T K L PLANT SALES AND SERVICES LIMITED Registered Number 02606292

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 52,990 53,302
52,990 53,302
Current assets
Stocks 33,600 33,600
Debtors 420,368 420,369
Cash at bank and in hand 41,585 41,585
495,553 495,554
Creditors: amounts falling due within one year (69,043) (69,044)
Net current assets (liabilities) 426,510 426,510
Total assets less current liabilities 479,500 479,812
Provisions for liabilities (78) (78)
Total net assets (liabilities) 479,422 479,734
Capital and reserves
Called up share capital 18,000 18,000
Profit and loss account 461,422 461,734
Shareholders' funds 479,422 479,734
  • 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 October 2015

And signed on their behalf by:
Mr M Lynskey, Director

T K L PLANT SALES AND SERVICES LIMITED Registered Number 02606292

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 amounts chargeable, net value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
DEPRECIATION

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Plant and Machinery 20% Reducing balance
Motor Vehicles 25% Reducing balance

2Tangible fixed assets
£
Cost
At 1 January 2014 62,244
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2014 62,244
Depreciation
At 1 January 2014 8,942
Charge for the year 312
On disposals -
At 31 December 2014 9,254
Net book values
At 31 December 2014 52,990
At 31 December 2013 53,302