Registered number
Fastyling Vinyls Ltd
Abbreviated Accounts
31 March 2014
Fastyling Vinyls Ltd
Registered number: 08453120
Abbreviated Balance Sheet
as at 31 March 2014
Notes 2014
Current assets
Stocks 302
Cash at bank and in hand 114
Creditors: amounts falling due within one year (3,091)
Net current liabilities (2,675)
Net liabilities (2,675)
Capital and reserves
Called up share capital 2 1
Profit and loss account (2,676)
Shareholder's funds (2,675)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
Mr J E Martin
Approved by the board on 1 April 2014
Fastyling Vinyls Ltd
Notes to the Abbreviated Accounts
for the period ended 31 March 2014
1 Accounting policies
Basis of preparation
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 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.
Stock is valued at the lower of cost and net realisable value.
2 Share capital Nominal 2014 2014
value Number £
Allotted, called up and fully paid:
Ordinary shares £1 each 1 1
Nominal Number Amount
value £
Shares issued during the period:
Ordinary shares £1 each 1 1
3 Ultimate controlling party
The company is controlled by the Director, Mr J E Martin who also holds the only issued share in the company.
4 Going concern
The accounts have been prepared on the going concern basis which assumes the continued support from the directors loan account.
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