Abbreviated Company Accounts - SEQUOIA JOINERY LIMITED

Abbreviated Company Accounts - SEQUOIA JOINERY LIMITED


Registered Number SC171882

SEQUOIA JOINERY LIMITED

Abbreviated Accounts

31 January 2014

SEQUOIA JOINERY LIMITED Registered Number SC171882

Abbreviated Balance Sheet as at 31 January 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 35,780 43,089
35,780 43,089
Current assets
Stocks 131,510 82,124
Debtors 231,365 170,369
Cash at bank and in hand 47,269 36,287
410,144 288,780
Prepayments and accrued income 697 -
Creditors: amounts falling due within one year (110,597) (88,809)
Net current assets (liabilities) 300,244 199,971
Total assets less current liabilities 336,024 243,060
Provisions for liabilities - (331)
Total net assets (liabilities) 336,024 242,729
Capital and reserves
Called up share capital 2 2
Profit and loss account 336,022 242,727
Shareholders' funds 336,024 242,729
  • For the year ending 31 January 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 17 October 2014

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 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 gross invoice value, excluding value added tax, of sales made during the year and derives from the provision of services falling within the company's ordinary activities

Tangible assets depreciation policy
Fixtures, fittings and 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 2013 110,004
Additions 4,888
Disposals -
Revaluations -
Transfers -
At 31 January 2014 114,892
Depreciation
At 1 February 2013 66,915
Charge for the year 12,197
On disposals -
At 31 January 2014 79,112
Net book values
At 31 January 2014 35,780
At 31 January 2013 43,089