Registered Number 07240113

HOMEGROWN TIMBER LTD

Abbreviated Accounts

31 March 2013

HOMEGROWN TIMBER LTD Registered Number 07240113

Abbreviated Balance Sheet as at 31 March 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 137,101 282,484
137,101 282,484
Current assets
Stocks 258,814 87,901
Debtors 220,555 305,501
Cash at bank and in hand 36,472 2,858
515,841 396,260
Creditors: amounts falling due within one year (563,171) (595,627)
Net current assets (liabilities) (47,330) (199,367)
Total assets less current liabilities 89,771 83,117
Total net assets (liabilities) 89,771 83,117
Capital and reserves
Called up share capital 2 2
Profit and loss account 89,769 83,115
Shareholders' funds 89,771 83,117
  • For the year ending 31 March 2013 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 4 September 2013

And signed on their behalf by:
T C Lawrance, Director

HOMEGROWN TIMBER LTD Registered Number 07240113

Notes to the Abbreviated Accounts for the period ended 31 March 2013

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.

2Tangible fixed assets
£
Cost
At 1 April 2012 437,151
Additions 2,097
Disposals (209,456)
Revaluations -
Transfers -
At 31 March 2013 229,792
Depreciation
At 1 April 2012 154,667
Charge for the year 21,919
On disposals (83,895)
At 31 March 2013 92,691
Net book values
At 31 March 2013 137,101
At 31 March 2012 282,484