Registered Number 03947547
ARTISAN FIREPLACE DESIGN LIMITED
Abbreviated Accounts
30 April 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
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Tangible assets | 3 |
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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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|
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Total assets less current liabilities |
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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 | 4 |
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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
Plant and machinery - 25% reducing balance
Motor vehicles - 25% reducing balance
Valuation information and policy
Other accounting policies
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.
£ | |
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Cost | |
At 1 May 2014 |
|
Additions |
|
Disposals |
|
Revaluations |
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Transfers |
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At 30 April 2015 |
|
Amortisation | |
At 1 May 2014 |
|
Charge for the year |
|
On disposals |
|
At 30 April 2015 |
|
Net book values | |
At 30 April 2015 | 1 |
At 30 April 2014 | 1 |
£ | |
---|---|
Cost | |
At 1 May 2014 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 30 April 2015 |
|
Depreciation | |
At 1 May 2014 |
|
Charge for the year |
|
On disposals |
|
At 30 April 2015 |
|
Net book values | |
At 30 April 2015 | 16,923 |
At 30 April 2014 | 8,993 |