Registration number:
for the Year Ended
Spec-Al Facades Limited
Contents
Accountants' Report |
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Abbreviated Balance Sheet |
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Notes to the Abbreviated Accounts |
The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4 ) have been prepared.
Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Spec-Al Facades Limited
for the Year Ended 29 February 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Spec-Al Facades Limited for the year ended 29 February 2016 set out on pages 4 to 10 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made solely to the Board of Directors of Spec-Al Facades Limited, as a body, in accordance with the terms of our engagement letter dated 10 May 2012. Our work has been undertaken solely to prepare for your approval the accounts of Spec-Al Facades Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www2.accaglobal.com/pubs/members/publications/technical_factsheets/downloads/163.doc. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Spec-Al Facades Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Spec-Al Facades Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Spec-Al Facades Limited. You consider that Spec-Al Facades Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Spec-Al Facades Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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MAS Associates Ltd
Chartered Certified Accountants
Spear House
Cobbett Road
Burntwood
Staffordshire
WS7 3GL
25 November 2016
Spec-Al Facades Limited
(Registration number: 02819694)
Abbreviated Balance Sheet as at 29 February 2016
Note |
2016 |
2015 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Prepayments and accrued income |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
( |
- |
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Accruals and deferred income |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders funds |
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Approved by the Board on
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CJ Goodall
Director
Spec-Al Facades Limited
Notes to the Abbreviated Accounts
Accounting policies |
Basis of preparation
Turnover
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Plant & machinery |
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Fixtures & fittings |
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Motor vehicles |
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Office equipment |
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Hire purchase and leasing
Fixed assets |
Tangible assets |
Total |
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Cost |
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At 1 March 2015 |
57,600 |
57,600 |
Additions |
20,650 |
20,650 |
At 29 February 2016 |
78,250 |
78,250 |
Depreciation |
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At 1 March 2015 |
49,370 |
49,370 |
Charge for the year |
6,870 |
6,870 |
At 29 February 2016 |
56,240 |
56,240 |
Net book value |
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At 29 February 2016 |
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At 28 February 2015 |
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Spec-Al Facades Limited
Notes to the Abbreviated Accounts
Tangible assets |
Total |
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Cost |
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At 1 March 2015 |
57,600 |
57,600 |
Additions |
20,650 |
20,650 |
At 29 February 2016 |
78,250 |
78,250 |
Depreciation |
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At 1 March 2015 |
49,370 |
49,370 |
Charge for the year |
6,870 |
6,870 |
At 29 February 2016 |
56,240 |
56,240 |
Net book value |
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At 29 February 2016 |
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At 28 February 2015 |
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Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
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No. |
£ |
No. |
£ |
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100 |
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100 |
Control |
The directors are the controlling party by virtue of their controlling shareholding in the company.