Abbreviated Company Accounts - ALLTYPE HOSE & COUPLINGS LTD

ALLTYPE HOSE & COUPLINGS LTD - Company Information

03132712 ALLTYPE HOSE & COUPLINGS LTD 2015-04-30 false 2014-05-01 2015-04-30 true 03132712 2014-05-01 2015-04-30 03132712 2015-04-30 03132712 2014-04-30 03132712 uk-gaap-cd-bus:Director1 2014-05-01 2015-04-30 03132712 uk-gaap-cd-bus:Director2 2014-05-01 2015-04-30 uk-gaap-cd-bus:Director3 2014-05-01 2015-04-30 uk-gaap-cd-bus:Director3 2015-04-30 uk-gaap-cd-bus:Director3 2014-04-30 iso4217:GBP shares

Registered Number 03132712

ALLTYPE HOSE & COUPLINGS LTD

Abbreviated Accounts

30 April 2015

ALLTYPE HOSE & COUPLINGS LTD Registered Number 03132712

Abbreviated Balance Sheet as at 30 April 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	4,763	6,351
		4,763	6,351
Current assets
Stocks		36,150	48,500
Debtors		20,984	17,038
Cash at bank and in hand		10,020	1,170
		67,154	66,708
Creditors: amounts falling due within one year		(43,993)	(45,183)
Net current assets (liabilities)		23,161	21,525
Total assets less current liabilities		27,924	27,876
Total net assets (liabilities)		27,924	27,876
Capital and reserves
Called up share capital		72	72
Profit and loss account		27,852	27,804
Shareholders' funds		27,924	27,876

For the year ending 30 April 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 January 2016

And signed on their behalf by:
A Daburn Esq, Director

ALLTYPE HOSE & COUPLINGS LTD Registered Number 03132712

Notes to the Abbreviated Accounts for the period ended 30 April 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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible assets depreciation policy
Depreciation

Depreciation is 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:
Leasehold property -amortised over 3 years
Plant and machinery -25% reducing balance basis
Motor vehicles -25% reducing balance basis
Equipment -25% reducing balance basis

2Tangible fixed assets

	£
Cost
At 1 May 2014	50,919
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2015	50,919
Depreciation
At 1 May 2014	44,568
Charge for the year	1,588
On disposals	-
At 30 April 2015	46,156
Net book values
At 30 April 2015	4,763
At 30 April 2014	6,351

3Transactions with directors

Name of director receiving advance or credit:	Mrs E Daburn
Description of the transaction:	Directors current account
Balance at 1 May 2014:	£ 15,112
Advances or credits made:	-
Advances or credits repaid:	£ 1
Balance at 30 April 2015:	£ 15,111

The company was under the control of A Daburn Esq throughout the current and previous year. A Daburn Esq is the managing director and sole shareholder.

The balance outstanding due to the director at the year end amounted to £15,511 (2014: £15,112).

Services amounting to £11,493 (2014: £13,981) were purchased from Swivel Designs Limited, a company under the control of A Daburn Esq. At the balance sheet date, the company owed £6,630 (2013: £6,630) to Swivel Designs Limited.