In The Mix Limited - Limited company - abbreviated - 11.6

In The Mix Limited - Limited company - abbreviated - 11.6

IN THE MIX LIMITED - Company Information

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SC378080 1.6.13 31.5.14 31.5.14 Company accounts Private Limited Company FY true false true false true false false Ordinary 1.00000 Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC3780802013-05-31SC3780802014-05-31SC3780802013-06-012014-05-31SC3780802012-05-31SC3780802012-06-012013-05-31SC3780802013-05-31SC378080ns12:Scotland2013-06-012014-05-31SC378080ns14:PoundSterling2013-06-012014-05-31SC378080ns7:Director12013-06-012014-05-31SC378080ns7:OrdinaryShareClass12013-06-012014-05-31SC378080ns7:CompanySecretary2013-06-012014-05-31SC378080ns7:RegisteredOffice2013-06-012014-05-31SC378080ns7:EntityAccountantsOrAuditors2013-06-012014-05-31SC378080ns5:ComputerEquipment2013-06-012014-05-31SC378080ns7:OrdinaryShareClass12014-05-31SC378080ns7:OrdinaryShareClass12013-05-31
REGISTERED NUMBER: SC378080 (Scotland)
















ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2014

FOR

IN THE MIX LIMITED

IN THE MIX LIMITED (REGISTERED NUMBER: SC378080)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

IN THE MIX LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2014







DIRECTOR: Ms S Warburton





SECRETARY: Www.firstregistrars.co.uk Limited





REGISTERED OFFICE: AFM House
6 Crofthead Road
Prestwick
Ayrshire
KA9 1HW





REGISTERED NUMBER: SC378080 (Scotland)





ACCOUNTANTS: Firstax Limited
AFM House
6 Crofthead Road
Prestwick
Ayrshire
KA9 1HW
Page 1
IN THE MIX LIMITED (REGISTERED NUMBER: SC378080)

ABBREVIATED BALANCE SHEET
31 MAY 2014

2014 2013
Notes £    £   
FIXED ASSETS
Intangible assets 2 12,068 14,080
Tangible assets 3 3,134 4,990
15,202 19,070

CURRENT ASSETS
Stocks 36,500 38,500
Debtors 258 3,869
Cash in hand 1,045 100
37,803 42,469
CREDITORS
Amounts falling due within one year (49,454 ) (57,155 )
NET CURRENT LIABILITIES (11,651 ) (14,686 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
3,551
4,384

PROVISIONS FOR LIABILITIES (627 ) (98 )
NET ASSETS 2,924 4,286

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 2,824 4,186
SHAREHOLDERS' FUNDS 2,924 4,286

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each
financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and
which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable
to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 6 February 2015 and were signed by:





Ms S Warburton - Director


The notes on pages 3 to 4 form part of these abbreviated accounts

Page 2
IN THE MIX LIMITED (REGISTERED NUMBER: SC378080)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2014

1. ACCOUNTING POLICIES

Accounting convention
The financial statements 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 net invoiced sales of goods, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving
items.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet
date.Timing differences are differences between the company's taxable profits and it's results as stated in the accounts.
Deferred tax is measured on a non-discounted basis at the tax rates that are expected to apply in the periods in which the
timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantially enacted at the
balance sheet date. Deferred tax assets are only recognised where their recoverability in the short term is regarded as more
likely than not.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the
lease.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 June 2013
and 31 May 2014 20,114
AMORTISATION
At 1 June 2013 6,034
Amortisation for year 2,012
At 31 May 2014 8,046
NET BOOK VALUE

At 31 May 2014 12,068
At 31 May 2013 14,080

Page 3 continued...
IN THE MIX LIMITED (REGISTERED NUMBER: SC378080)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MAY 2014

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 June 2013
and 31 May 2014 7,218
DEPRECIATION
At 1 June 2013 2,228
Charge for year 1,856
At 31 May 2014 4,084
NET BOOK VALUE
At 31 May 2014 3,134
At 31 May 2013 4,990

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
100 Ordinary £1 100 100

Page 4