REGISTERED NUMBER: 01149631 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MAY 2014

FOR

FIELDEN FACTORS (KITCHENS) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

K Whitehead

L Whitehead

Mrs J Whitehead

SECRETARY:

Mrs J Whitehead

REGISTERED OFFICE:

Salford Works

Salford Way

Off Rochdale Road

Todmorden

Lancashire

OL14 7LF

REGISTERED NUMBER:

01149631 (England and Wales)

ACCOUNTANTS:

Cresswells

Barclays Bank Chambers

Market Street

Hebden Bridge

HX7 6AD

BANKERS:

Lloyds TSB Commercial

Service Centre

8th Floor

6/7 Park Row

Leeds

LS1 1NX

FIXED ASSETS

Tangible assets

2

417,947

421,435

CURRENT ASSETS

Stocks

272,158

267,603

Debtors

1,356,425

1,374,279

Cash at bank and in hand

1,364,061

174,164

2,992,644

1,816,046

CREDITORS

Amounts falling due within one year

2,373,491

1,303,780

NET CURRENT ASSETS

619,153

512,266

TOTAL ASSETS LESS CURRENT LIABILITIES

1,037,100

933,701

PROVISIONS FOR LIABILITIES

684

-

NET ASSETS

1,036,416

933,701

CAPITAL AND RESERVES

Called up share capital

3

84

84

Capital redemption reserve

16

16

Profit and loss account

1,036,316

933,601

SHAREHOLDERS' FUNDS

1,036,416

933,701

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 25 November 2014 and were signed on its behalf by:

K Whitehead - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Plant and machinery

-

10% on cost

Fixtures and fittings

-

10% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete

and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

784,570

Additions

26,518

Disposals

(22,500

)

At 31 May 2014

788,588

DEPRECIATION

At 1 June 2013

363,135

Charge for year

30,005

Eliminated on disposal

(22,499

)

At 31 May 2014

370,641

NET BOOK VALUE

At 31 May 2014

417,947

At 31 May 2013

421,435

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

84

Ordinary

£1

84

84