Registered Number 04268078


Abbreviated Accounts

31 August 2014


Abbreviated Balance Sheet as at 31 August 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 2,906 2,034
2,906 2,034
Current assets
Debtors 3 44,963 43,012
Cash at bank and in hand 31 185
44,994 43,197
Creditors: amounts falling due within one year 4 (119,138) (106,596)
Net current assets (liabilities) (74,144) (63,399)
Total assets less current liabilities (71,238) (61,365)
Creditors: amounts falling due after more than one year 4 (9,185) (10,539)
Total net assets (liabilities) (80,423) (71,904)
Capital and reserves
Called up share capital 5 2 2
Profit and loss account (80,425) (71,906)
Shareholders' funds (80,423) (71,904)
  • For the year ending 31 August 2014 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 21 May 2015

And signed on their behalf by:
Mr SN David, Director


Notes to the Abbreviated Accounts for the period ended 31 August 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
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 20% reducing balance basis

Other accounting policies
Deferred tax
Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE.

Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual
arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2 Tangible fixed assets
At 1 September 2013 5,413
Additions 1,598
Disposals -
Revaluations -
Transfers -
At 31 August 2014 7,011
At 1 September 2013 3,379
Charge for the year 726
On disposals -
At 31 August 2014 4,105
Net book values
At 31 August 2014 2,906
At 31 August 2013 2,034
3 Debtors
Debtors include the following amounts due after more than one year 0 0

Debtors includes £nil (2013 - £nil) receivable after more than one year.

4 Creditors
Secured Debts 11,450 12,804
Instalment debts due after 5 years 126 1,480
5 Called Up Share Capital
Allotted, called up and fully paid:
2 Ordinary shares of £1 each 2 2



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