Registered Number 07222421
ABC SCAFFOLDING (YORKSHIRE) LIMITED
Abbreviated Accounts
30 April 2012
Notes | 2012 | 2011 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
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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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 |
( |
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Approved by the Board on
And signed on their behalf by:
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Plant and machinery 20% straight line
Fixtures and Fittings 33% straight line
Motor vehicles 25% straight line
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 2011 |
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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 30 April 2012 |
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Depreciation | |
At 1 May 2011 |
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Charge for the year |
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On disposals |
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At 30 April 2012 |
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Net book values | |
At 30 April 2012 | 15,796 |
At 30 April 2011 | 17,537 |