Year Ended
Company Registration Number:
Proslope Ltd
Contents
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Proslope Ltd
Abbreviated Balance Sheet
31 March 2015
Note |
2015
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2014
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Fixed assets |
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Intangible fixed assets |
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Tangible fixed assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Share premium account |
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Profit and loss account |
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Shareholders' funds |
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1
Proslope Ltd
Abbreviated Balance Sheet
31 March 2015
......... continued
Approved by the Board on
C A C O'Connell
Director
Company Registration Number: 06826834
2
Proslope Ltd
Notes to the Abbreviated Accounts
Year Ended
31 March 2015
......... continued
Accounting policies |
Basis of preparation
Going concern
The directors intend to continue to provide both business and financial support to the company for the foreseeable future. Additionally subsequent to the year end the company has secured investment and new contracts for the supply and fitting of matting for slopes. Therefore it is appropriate that these accounts are prepared on the going concern basis.
Turnover
Amortisation
Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Amortisation method and rate |
Patent |
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Depreciation
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:
Asset class |
Depreciation method and rate |
Fixtures and fittings |
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Stock
Deferred tax
Proslope Ltd
Notes to the Abbreviated Accounts
Year Ended
31 March 2015
......... continued
Fixed assets |
Intangible assets
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Tangible assets
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Total
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Cost |
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At 1 April 2014 |
5,301 |
13,485 |
18,786 |
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Additions |
- |
355 |
355 |
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At 31 March 2015 |
5,301 |
13,840 |
19,141 |
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Depreciation |
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At 1 April 2014 |
712 |
4,477 |
5,189 |
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Charge for the year |
265 |
1,911 |
2,176 |
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At 31 March 2015 |
977 |
6,388 |
7,365 |
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Net book value |
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At 31 March 2015 |
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At 31 March 2014 |
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Creditors |
Creditors includes the following liabilities, on which security has been given by the company:
2015
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2014
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Amounts falling due within one year |
3,751 |
8,829 |
Share capital |
Allotted, called up and fully paid shares
2015 |
2014 |
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No. |
£ |
No. |
£ |
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Proslope Ltd
Notes to the Abbreviated Accounts
Year Ended
31 March 2015
......... continued
Related party transactions |
Directors' advances and credits |
2015 |
2015 |
2014 |
2014 |
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C A C O'Connell |
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26,892 |
3,300 |