Registered Number 07295789
A B BROADCAST WIRING LIMITED
Abbreviated Accounts
31 May 2013
Notes | 2013 | 2012 | |
---|---|---|---|
£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
|
|
|
|||
Current assets | |||
Stocks |
|
|
|
Debtors |
|
|
|
Cash at bank and in hand |
|
|
|
|
|
||
Creditors: amounts falling due within one year |
( |
( |
|
Net current assets (liabilities) |
( |
( |
|
Total assets less current liabilities |
|
|
|
Total net assets (liabilities) |
|
|
|
Capital and reserves | |||
Called up share capital |
|
|
|
Profit and loss account |
|
|
|
Shareholders' funds |
|
|
Approved by the Board on
And signed on their behalf by:
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Turnover represents the total invoice value, excluding value added tax, of fees receivable during the year and derives from the provision of goods falling within the company's ordinary activities.
Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings
and equipment - 18% - 25% written down value
Other accounting policies
Stock is valued at the lower of cost and net realisable value.
£ | |
---|---|
Cost | |
At 1 June 2012 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 May 2013 |
|
Depreciation | |
At 1 June 2012 |
|
Charge for the year |
|
On disposals |
|
At 31 May 2013 |
|
Net book values | |
At 31 May 2013 | 1,852 |
At 31 May 2012 | 1,640 |