As at
Notes |
2015 £ |
2014 £ |
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Fixed assets | |||
Tangible assets: | 2 |
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Total fixed assets: |
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Current assets | |||
Debtors: | 3 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 4 |
(
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(
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: | 5 |
(
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(
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Total net assets (liabilities): |
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The notes form part of these financial statements
As at 31 October 2015
Notes |
2015 £ |
2014 £ |
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Capital and reserves | |||
Called up share capital: | 6 |
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Revaluation reserve: |
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Profit and loss account: |
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Shareholders funds: |
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The financial statements were approved by the Board of Directors on
SIGNED ON BEHALF OF THE BOARD BY:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 October 2015
Basis of measurement and preparation of accounts
Turnover policy
Tangible fixed assets depreciation policy
Plant and machinery 20%-40% straight line
Fixtures & fittings 20% straight line
Motor vehicles 25% straight line
Other accounting policies
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.
Leasing and hire purchase commitments
"Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.
The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.
Rentals paid under operating leases are charged to income on a straight line basis over the lease term."
for the Period Ended 31 October 2015
Total | |
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Cost | £ |
01 November 2014: |
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Additions: |
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Disposals: |
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Revaluations: |
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Transfers: |
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31 October 2015: |
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Depreciation | |
01 November 2014: |
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Charge for year: |
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On disposals: |
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Other adjustments: |
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31 October 2015: |
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Net book value | |
31 October 2015: |
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31 October 2014: |
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for the Period Ended 31 October 2015
2015 £ |
2014 £ |
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Trade debtors: |
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Prepayments and accrued income: |
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Other debtors: |
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Total: |
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for the Period Ended 31 October 2015
2015 £ |
2014 £ |
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Trade creditors: |
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Taxation and social security: |
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Accruals and deferred income: |
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Total: |
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for the Period Ended 31 October 2015
2015 £ |
2014 £ |
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Other creditors: |
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Total: |
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for the Period Ended 31 October 2015
Name of director receiving advance or credit |
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Description of the transaction |
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Balance at 01 November 2014 |
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Advances or credits repaid |
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Balance at 31 October 2015 |
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Name of director receiving advance or credit |
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Description of the transaction |
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Balance at 01 November 2014 |
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Advances or credits repaid |
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Balance at 31 October 2015 |
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