Registered Number 03112339
ARTHUR SMITH (GRIMSBY) LIMITED
Abbreviated Accounts
31 October 2014
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Called up share capital not paid |
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Fixed assets | |||
Intangible assets |
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Tangible assets | 2 |
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Investments | 3 |
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Current assets | |||
Stocks |
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Debtors |
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Investments |
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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 (liabilities) |
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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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Provisions for liabilities |
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Accruals and deferred income |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 4 |
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Share premium account |
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Revaluation reserve |
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Other reserves |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Fixtures and Fittings: 25% Straight line
Ship: Over 20 years on a straight line basis
Intangible assets amortisation policy
Other accounting policies
Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE.
Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.
Pensions
The company makes contributions to the personal pension schemes of the directors, Mr D J Smith and Mr J A Smith. Contributions are recognised in the profit and loss account in the period in which they are paid.
£ | |
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Cost | |
At 1 November 2013 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 October 2014 |
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Depreciation | |
At 1 November 2013 |
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Charge for the year |
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On disposals |
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At 31 October 2014 |
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Net book values | |
At 31 October 2014 | 39,592 |
At 31 October 2013 | 42,293 |
3
Fixed assets Investments
Undertaking Holding Proportion of voting Principle
rights and shares held activity
Grimsby and Immingham Stevedores Limited Ordinary Shares 33% Stevedores
Cargo Rigging and Dunnaging Limited Ordinary Shares 33% Dormant
Cost at 1 November 2013 10,995
Additions -
Disposals -
Cost at 31 October 2014 10,995
Depreciation at 1 November 2013 -
Depreciation at 31 October 2014 -
Net book value at 31 October 2014 10,995
Net book value at 31 October 2013 10,995