Registered Number 03099465
TAYLOR ELECTRICAL DISTRIBUTORS (STOCKPORT) LTD
Abbreviated Accounts
31 March 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Stocks |
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Debtors |
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Cash at bank and in hand |
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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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Total net assets (liabilities) |
( |
( |
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Capital and reserves | |||
Called up share capital | 3 |
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Profit and loss account |
( |
( |
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Shareholders' funds |
( |
( |
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
These accounts have been prepared on the going concern basis, on the understanding that the director will continue to financially support the company for the period of 12 months from the date of these financial statement. This support will be reviewed at that time.
Turnover policy
Tangible assets depreciation policy
Fixtures, fittings & equipment: 15% Straight line
Motor vehicles: 33% Straight line
Other accounting policies
Stock is valued at the lower of cost and net realisable value.
Pensions
The Company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.
£ | |
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Cost | |
At 1 April 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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At 31 March 2015 |
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Depreciation | |
At 1 April 2014 |
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Charge for the year |
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On disposals |
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At 31 March 2015 |
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Net book values | |
At 31 March 2015 | 2,604 |
At 31 March 2014 | 2,881 |