| OXTED TRIMMING COMPANY LIMITED |
| Registered number: |
03326166 |
| Abbreviated Balance Sheet |
| as at 31 March 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
27,433 |
|
|
17,820 |
|
| Current assets |
| Stocks |
|
|
42,822 |
|
|
43,057 |
| Debtors |
|
|
376,205 |
|
|
336,716 |
| Cash at bank and in hand |
|
|
96,192 |
|
|
- |
|
|
|
515,219 |
|
|
379,773 |
|
| Creditors: amounts falling due within one year |
|
|
(236,780) |
|
|
(207,500) |
|
| Net current assets |
|
|
|
278,439 |
|
|
172,273 |
|
| Net assets |
|
|
|
305,872 |
|
|
190,093 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
305,870 |
|
|
190,091 |
|
| Shareholders' funds |
|
|
|
305,872 |
|
|
190,093 |
|
|
|
|
|
|
|
|
| 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. |
| 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 T Brake |
| Director |
| Approved by the board on 26 September 2014 |
|
| OXTED TRIMMING COMPANY LIMITED |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 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 |
20% straight line |
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2013 |
37,401 |
|
Additions |
21,366 |
|
At 31 March 2014 |
58,767 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2013 |
19,581 |
|
Charge for the year |
11,753 |
|
At 31 March 2014 |
31,334 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2014 |
27,433 |
|
At 31 March 2013 |
17,820 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
2 |
|
2 |
|
2 |
|
|
|
|
|
|
|
|
|
