Balance sheet continued

As at 30 November 2017

For the year ending 30 November 2017 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 30 November 2017

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover and result before taxation are attributable to the principal activities of the company, all of which arises in the united kingdom.
  

  Tangible fixed assets depreciation policy

  Depreciation is provided each year in order to write off the cost of fixed assets over their anticipated useful lives as : plant equipment 10% reducing balance, Motor Vehicle 15% reducing balance.
  

  Other accounting policies

  The company is a 'close' company under the terms of the Income and Corporation Taxes Act 1988. Deferred Taxation is provided in respect of the taxation effect of all timing differences to the extent that tax liabilities are likely to crystallize in the foreseeable future.