| Netimage Limited |
| Registered number: |
04809429 |
| Abbreviated Balance Sheet |
| as at 31 December 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
2,419 |
|
|
2,890 |
|
| Current assets |
| Stocks |
|
|
50,082 |
|
|
107,558 |
| Debtors |
|
|
231,566 |
|
|
287,583 |
| Cash at bank and in hand |
|
|
170,712 |
|
|
103,196 |
|
|
|
452,360 |
|
|
498,337 |
|
| Creditors: amounts falling due within one year |
|
|
(347,731) |
|
|
(409,143) |
|
| Net current assets |
|
|
|
104,629 |
|
|
89,194 |
|
| Net assets |
|
|
|
107,048 |
|
|
92,084 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
107,046 |
|
|
92,082 |
|
| Shareholder's funds |
|
|
|
107,048 |
|
|
92,084 |
|
|
|
|
|
|
|
|
| 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. |
|
|
|
| G O Rourke |
| Director |
| Approved by the board on 26 January 2015 |
|
| Netimage Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 December 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 |
|
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. |
|
|
Depreciation |
|
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 |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 January 2014 |
13,497 |
|
Additions |
504 |
|
At 31 December 2014 |
14,001 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2014 |
10,607 |
|
Charge for the year |
975 |
|
At 31 December 2014 |
11,582 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2014 |
2,419 |
|
At 31 December 2013 |
2,890 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
- |
|
2 |
|
2 |
|
|
|
|
|
|
|
|
|
