Registered Number 03968753

ABINGWOOD FLOORING LTD.

Abbreviated Accounts

30 April 2014

ABINGWOOD FLOORING LTD. Registered Number 03968753

Abbreviated Balance Sheet as at 30 April 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 5,073 6,610
5,073 6,610
Current assets
Stocks 12,063 8,070
Debtors 54,282 49,763
Cash at bank and in hand 1,830 1,171
68,175 59,004
Creditors: amounts falling due within one year (226,582) (201,124)
Net current assets (liabilities) (158,407) (142,120)
Total assets less current liabilities (153,334) (135,510)
Total net assets (liabilities) (153,334) (135,510)
Capital and reserves
Called up share capital 102 102
Profit and loss account (153,436) (135,612)
Shareholders' funds (153,334) (135,510)
  • For the year ending 30 April 2014 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 30 January 2015

And signed on their behalf by:
Mr D G Thomas, Director
Mr P A Cooper, Director

ABINGWOOD FLOORING LTD. Registered Number 03968753

Notes to the Abbreviated Accounts for the period ended 30 April 2014

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 receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Plant and machinery 25% on reducing balance
Computer equipment 33% straight line
Motor vehicles 25% on reducing balance

2Tangible fixed assets
£
Cost
At 1 May 2013 35,756
Additions 228
Disposals -
Revaluations -
Transfers -
At 30 April 2014 35,984
Depreciation
At 1 May 2013 29,146
Charge for the year 1,765
On disposals -
At 30 April 2014 30,911
Net book values
At 30 April 2014 5,073
At 30 April 2013 6,610