Abbreviated Company Accounts - STEADY STEPS LIMITED

STEADY STEPS LIMITED - Company Information

Registered Number 05279362

STEADY STEPS LIMITED

Abbreviated Accounts

30 April 2014

STEADY STEPS LIMITED Registered Number 05279362

Abbreviated Balance Sheet as at 30 April 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	10,400	20,800
Tangible assets	3	3,737	4,983
		14,137	25,783
Current assets
Stocks		365	1,125
Debtors		4,875	4,890
Cash at bank and in hand		7,586	13,760
		12,826	19,775
Creditors: amounts falling due within one year		(99,620)	(127,919)
Net current assets (liabilities)		(86,794)	(108,144)
Total assets less current liabilities		(72,657)	(82,361)
Total net assets (liabilities)		(72,657)	(82,361)
Capital and reserves
Called up share capital		1	1
Profit and loss account		(72,658)	(82,362)
Shareholders' funds		(72,657)	(82,361)

For the year ending 30 April 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 28 January 2015

And signed on their behalf by:
Mr Mohammad Alayli, Director

STEADY STEPS LIMITED Registered Number 05279362

Notes to the Abbreviated Accounts for the period ended 30 April 2014

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 amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Land and buildings Leasehold Written off in full.
Fixtures, fittings & equipment 25% on reducing balance basis.

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over 10 years.

2Intangible fixed assets

	£
Cost
At 1 May 2013	104,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2014	104,000
Amortisation
At 1 May 2013	83,200
Charge for the year	10,400
On disposals	-
At 30 April 2014	93,600
Net book values
At 30 April 2014	10,400
At 30 April 2013	20,800

3Tangible fixed assets

	£
Cost
At 1 May 2013	57,482
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2014	57,482
Depreciation
At 1 May 2013	52,499
Charge for the year	1,246
On disposals	-
At 30 April 2014	53,745
Net book values
At 30 April 2014	3,737
At 30 April 2013	4,983