Registered Number NI617532

WINDOW CRAFTERS LTD

Abbreviated Accounts

31 March 2015

WINDOW CRAFTERS LTD Registered Number NI617532

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 90,250 95,000
Tangible assets 3 41,490 35,469
131,740 130,469
Current assets
Stocks 2,800 10,824
Debtors 44,399 71,362
Cash at bank and in hand 20,046 11,028
67,245 93,214
Creditors: amounts falling due within one year (69,745) (88,829)
Net current assets (liabilities) (2,500) 4,385
Total assets less current liabilities 129,240 134,854
Creditors: amounts falling due after more than one year (85,543) (114,260)
Total net assets (liabilities) 43,697 20,594
Capital and reserves
Called up share capital 100 100
Profit and loss account 43,597 20,494
Shareholders' funds 43,697 20,594
  • For the year ending 31 March 2015 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 15 December 2015

And signed on their behalf by:
Colm O'Neill, Director

WINDOW CRAFTERS LTD Registered Number NI617532

Notes to the Abbreviated Accounts for the period ended 31 March 2015

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 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.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 15% reducing balance
Motor vehicles 20% reducing balance

Intangible assets amortisation policy
Goodwill is being written off in equal annual instalments over its estimated economic life of 20 years.

2 Intangible fixed assets
£
Cost
At 1 April 2014 100,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2015 100,000
Amortisation
At 1 April 2014 5,000
Charge for the year 4,750
On disposals -
At 31 March 2015 9,750
Net book values
At 31 March 2015 90,250
At 31 March 2014 95,000
3 Tangible fixed assets
£
Cost
At 1 April 2014 41,520
Additions 13,057
Disposals -
Revaluations -
Transfers -
At 31 March 2015 54,577
Depreciation
At 1 April 2014 6,051
Charge for the year 7,036
On disposals -
At 31 March 2015 13,087
Net book values
At 31 March 2015 41,490
At 31 March 2014 35,469

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