Love To Sew Ltd - Abbreviated accounts

Love To Sew Ltd - Abbreviated accounts


Registered number
08347832
Love To Sew Ltd
Abbreviated Accounts
31 December 2014
Love To Sew Ltd
Registered number: 08347832
Abbreviated Balance Sheet
as at 31 December 2014
Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 9,000 12,000
Current assets
Cash at bank and in hand 4,525 4,622
Creditors: amounts falling due within one year (13,231) (16,876)
Net current liabilities (8,706) (12,254)
Net assets/(liabilities) 294 (254)
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 194 (354)
Shareholder's funds 294 (254)
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 her 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.
S Brewer
Director
Approved by the board on 27 January 2015
Love To Sew Ltd
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.
2 Intangible fixed assets £
Cost
At 1 January 2014 15,000
At 31 December 2014 15,000
Amortisation
At 1 January 2014 3,000
Provided during the year 3,000
At 31 December 2014 6,000
Net book value
At 31 December 2014 9,000
At 31 December 2013 12,000
3 Share capital Nominal 2014 2014 2013
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each - - 100
B Ordinary shares £1 each - 100 -
100 100
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