Abbreviated Company Accounts - INDIGO WEST (LONDON) LIMITED

INDIGO WEST (LONDON) LIMITED - Company Information

Registered Number 05040697

INDIGO WEST (LONDON) LIMITED

Abbreviated Accounts

30 April 2014

INDIGO WEST (LONDON) LIMITED Registered Number 05040697

Abbreviated Balance Sheet as at 30 April 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	-	1,833
Tangible assets	3	14,127	15,823
		14,127	17,656
Current assets
Stocks		3,650	3,700
Debtors		-	320
Cash at bank and in hand		2,433	626
		6,083	4,646
Creditors: amounts falling due within one year		(27,072)	(26,541)
Net current assets (liabilities)		(20,989)	(21,895)
Total assets less current liabilities		(6,862)	(4,239)
Total net assets (liabilities)		(6,862)	(4,239)
Capital and reserves
Called up share capital		100	100
Profit and loss account		(6,962)	(4,339)
Shareholders' funds		(6,862)	(4,239)

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 23 February 2015

And signed on their behalf by:
R S Mahid, Director

INDIGO WEST (LONDON) LIMITED Registered Number 05040697

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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Fixtures and fittings 15% wdv
Motor vehicle 25% wdv
Equipment 15% wdv

Intangible assets amortisation policy
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follws:
Goodwill 10 years

2Intangible fixed assets

	£
Cost
At 1 May 2013	20,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2014	20,000
Amortisation
At 1 May 2013	18,167
Charge for the year	1,833
On disposals	-
At 30 April 2014	20,000
Net book values
At 30 April 2014	0
At 30 April 2013	1,833

3Tangible fixed assets

	£
Cost
At 1 May 2013	41,474
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2014	41,474
Depreciation
At 1 May 2013	25,651
Charge for the year	1,696
On disposals	-
At 30 April 2014	27,347
Net book values
At 30 April 2014	14,127
At 30 April 2013	15,823