Registered Number 06984555

A&C SKIPS NORTH LONDON LIMITED

Abbreviated Accounts

31 August 2012

A&C SKIPS NORTH LONDON LIMITED Registered Number 06984555

Abbreviated Balance Sheet as at 31 August 2012

Notes 2012 2011
£ £
Fixed assets
Tangible assets 2 252,951 129,681
252,951 129,681
Current assets
Debtors 72,540 14,855
Cash at bank and in hand 1,881 1,078
74,421 15,933
Creditors: amounts falling due within one year (191,848) (91,470)
Net current assets (liabilities) (117,427) (75,537)
Total assets less current liabilities 135,524 54,144
Creditors: amounts falling due after more than one year (179,708) (46,233)
Total net assets (liabilities) (44,184) 7,911
Capital and reserves
Called up share capital 1 1
Profit and loss account (44,185) 7,910
Shareholders' funds (44,184) 7,911
  • For the year ending 31 August 2012 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 11 February 2013

And signed on their behalf by:
Mrs Sharon Angela May Williamson-White, Director

A&C SKIPS NORTH LONDON LIMITED Registered Number 06984555

Notes to the Abbreviated Accounts for the period ended 31 August 2012

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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Plant and Machinery - 25% reducing balance basis
Motor Vehicles - 25% reducing balance basis

2Tangible fixed assets
£
Cost
At 1 September 2011 205,595
Additions 217,900
Disposals (13,750)
Revaluations -
Transfers -
At 31 August 2012 409,745
Depreciation
At 1 September 2011 75,914
Charge for the year 84,318
On disposals (3,438)
At 31 August 2012 156,794
Net book values
At 31 August 2012 252,951
At 31 August 2011 129,681