Registered Number 04754049

GRATE FIRES LIMITED

Abbreviated Accounts

31 March 2013

GRATE FIRES LIMITED Registered Number 04754049

Abbreviated Balance Sheet as at 31 March 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 1,024 913
1,024 913
Current assets
Debtors 6,540 4,006
Cash at bank and in hand 9,538 29,219
16,078 33,225
Creditors: amounts falling due within one year (15,260) (16,723)
Net current assets (liabilities) 818 16,502
Total assets less current liabilities 1,842 17,415
Total net assets (liabilities) 1,842 17,415
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 1,742 17,315
Shareholders' funds 1,842 17,415
  • For the year ending 31 March 2013 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 27 December 2013

And signed on their behalf by:
N Nicola, Director

GRATE FIRES LIMITED Registered Number 04754049

Notes to the Abbreviated Accounts for the period ended 31 March 2013

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 - 20% straight line
Motor vehicle - 25% straight line

2Tangible fixed assets
£
Cost
At 1 April 2012 12,445
Additions 860
Disposals (9,969)
Revaluations -
Transfers -
At 31 March 2013 3,336
Depreciation
At 1 April 2012 11,532
Charge for the year 748
On disposals (9,968)
At 31 March 2013 2,312
Net book values
At 31 March 2013 1,024
At 31 March 2012 913
3Called Up Share Capital
Allotted, called up and fully paid:
2013
£
2012
£
100 Ordinary shares of £1 each 100 100