UK Renovations Ltd
|
Registered number: |
04664631
|
Abbreviated Balance Sheet |
as at 31 December 2014
|
|
Notes |
|
|
2014 |
|
|
2013 |
£ |
£ |
Fixed assets |
Intangible assets |
2 |
|
|
1 |
|
|
5,016 |
Tangible assets |
3 |
|
|
18,094 |
|
|
6,294 |
|
|
|
|
18,095 |
|
|
11,310 |
|
Current assets |
Stocks |
|
|
89,351 |
|
|
58,307 |
Debtors |
|
|
42,287 |
|
|
78,104 |
Cash at bank and in hand |
|
|
8,564 |
|
|
9,820 |
|
|
|
140,202 |
|
|
146,231 |
|
Creditors: amounts falling due within one year |
|
|
(56,250) |
|
|
(58,376) |
|
Net current assets |
|
|
|
83,952 |
|
|
87,855 |
|
Total assets less current liabilities |
|
|
|
102,047 |
|
|
99,165 |
|
|
Provisions for liabilities |
|
|
|
(1,630) |
|
|
- |
|
|
Net assets |
|
|
|
100,417 |
|
|
99,165 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
4 |
|
|
2 |
|
|
2 |
Profit and loss account |
|
|
|
100,415 |
|
|
99,163 |
|
Shareholders' funds |
|
|
|
100,417 |
|
|
99,165 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
M Perkins |
Director |
Approved by the board on 18 March 2015
|
|
UK Renovations Ltd
|
Notes to the Abbreviated Accounts |
for the year ended 31 December 2014
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
5-15% sl
|
|
Motor vehicles |
25% sl
|
|
Fixtures and fittings |
25% wdv |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 January 2014 |
53,000 |
|
At 31 December 2014 |
53,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 January 2014 |
47,984 |
|
Provided during the year |
5,015 |
|
At 31 December 2014 |
52,999 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2014 |
1 |
|
At 31 December 2013 |
5,016 |
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 January 2014 |
140,047 |
|
Additions |
15,920 |
|
At 31 December 2014 |
155,967 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2014 |
133,753 |
|
Charge for the year |
4,120 |
|
At 31 December 2014 |
137,873 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2014 |
18,094 |
|
At 31 December 2013 |
6,294 |
|
|
|
|
|
|
|
|
4 |
Share capital |
Nominal |
|
|
|
2014 |
|
2013 |
value |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
|
|
2 |
|
2 |
|
|
|
|
|
|
|
|
|