Registered Number 07283942

A & C DESIGN (LEEDS) LTD

Abbreviated Accounts

30 June 2015

A & C DESIGN (LEEDS) LTD Registered Number 07283942

Abbreviated Balance Sheet as at 30 June 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 7,824 9,562
7,824 9,562
Current assets
Stocks 68,500 79,037
Debtors 205,571 375,330
Cash at bank and in hand 80,412 117,703
354,483 572,070
Creditors: amounts falling due within one year (357,140) (579,611)
Net current assets (liabilities) (2,657) (7,541)
Total assets less current liabilities 5,167 2,021
Provisions for liabilities (1,565) (1,913)
Total net assets (liabilities) 3,602 108
Capital and reserves
Called up share capital 1 1
Profit and loss account 3,601 107
Shareholders' funds 3,602 108
  • For the year ending 30 June 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 January 2016

And signed on their behalf by:
K Halliwell, Director

A & C DESIGN (LEEDS) LTD Registered Number 07283942

Notes to the Abbreviated Accounts for the period ended 30 June 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the net invoice value of work done, excluding value added tax

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor Vehicles - 25% on reducing balance
Computer Equipment - 33% on cost

2Tangible fixed assets
£
Cost
At 1 July 2014 19,314
Additions 973
Disposals -
Revaluations -
Transfers -
At 30 June 2015 20,287
Depreciation
At 1 July 2014 9,752
Charge for the year 2,711
On disposals -
At 30 June 2015 12,463
Net book values
At 30 June 2015 7,824
At 30 June 2014 9,562