Sound Roofing Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06252980 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

for

Sound Roofing Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

C S Green

SECRETARY:

Mrs A Green

REGISTERED OFFICE:

5 Rashleigh Avenue

Saltash

Cornwall

PL12 4NS

REGISTERED NUMBER:

06252980 (England and Wales)

ACCOUNTANTS:

Sheppards Accountants Limited

22 The Square

The Millfields

Plymouth

Devon

PL1 3JX

FIXED ASSETS

Tangible assets

2

13,548

5,479

13,548

5,479

CURRENT ASSETS

Debtors

3,766

4,807

Cash at bank

3

3

3,769

4,810

CREDITORS

Amounts falling due within one year

25,610

30,874

NET CURRENT LIABILITIES

(21,841

)

(26,064

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(8,293

)

(20,585

)

CAPITAL AND RESERVES

Called up share capital

3

200

200

Profit and loss account

(8,493

)

(20,785

)

SHAREHOLDERS' FUNDS

(8,293

)

(20,585

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 16 December 2014 and were signed by:

C S Green - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover is recorded when the service undertaken is completed, the invoice is then raised. Due to the very short

time period incurred on work provided, all work undertaken during the year is timeously recorded within

turnover.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33.3% Straight Line

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and

depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are

included in creditors net of the finance charge allocated to future periods. The finance element of the rental

payment is charged to the profit and loss account so as to produce constant periodic rates of charge on the net

obligations outstanding in each period.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

14,255

Additions

15,270

Disposals

(6,360

)

At 31 March 2014

23,165

DEPRECIATION

At 1 April 2013

8,776

Charge for year

4,517

Eliminated on disposal

(3,676

)

At 31 March 2014

9,617

NET BOOK VALUE

At 31 March 2014

13,548

At 31 March 2013

5,479

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

200

200