Registered Number NI038712


Abbreviated Accounts

31 October 2015


Abbreviated Balance Sheet as at 31 October 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 718,237 701,391
718,237 701,391
Current assets
Stocks 134,347 146,309
Debtors 172,365 150,845
Cash at bank and in hand 661,077 648,598
967,789 945,752
Creditors: amounts falling due within one year (95,095 ) (94,031 )
Net current assets (liabilities) 872,694 851,721
Total assets less current liabilities 1,590,931 1,553,112
Provisions for liabilities (28,371 ) (21,458 )
Total net assets (liabilities) 1,562,560 1,531,654
Capital and reserves
Called up share capital 3 3 3
Share premium account 473,591 473,591
Profit and loss account 1,088,966 1,058,060
Shareholders' funds 1,562,560 1,531,654

  • For the year ending 31 October 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 23 September 2016

And signed on their behalf by:
Martin McCann, Director


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

1 Accounting 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 total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows: Land and buildings - Straight line over 50 years, Plant and machinery - 10% Straight Line, Fixtures, fittings and equipment - 10% Straight Line, Motor vehicles - 20% Straight Line, Investment Properties - Not provided

Other accounting policies
Stock is valued at the lower of cost and net realisable value.

Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more, tax, with the following exceptions: Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

2 Tangible fixed assets
At 1 November 2014 1,437,632
Additions 62,240
Disposals (28,625 )
Revaluations -
Transfers -
At 31 October 2015 1,471,247
At 1 November 2014 736,241
Charge for the year 41,344
On disposals (24,575 )
At 31 October 2015 753,010
Net book values
At 31 October 2015 718,237
At 31 October 2014 701,391
3 Called Up Share Capital
Allotted, called up and fully paid:
3 Ordinary shares of £1 each 3 3