Abbreviated Company Accounts - OVAL EXPRESS DRY CLEANERS LIMITED

OVAL EXPRESS DRY CLEANERS LIMITED - Company Information

06242283 OVAL EXPRESS DRY CLEANERS LIMITED 2014-05-31 false 2013-06-01 2014-05-31 true 06242283 2013-06-01 2014-05-31 06242283 2014-05-31 06242283 2013-05-31 06242283 uk-gaap-cd-bus:Director1 2013-06-01 2014-05-31 06242283 uk-gaap-cd-bus:Director2 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-31 iso4217:GBP shares

Registered Number 06242283

OVAL EXPRESS DRY CLEANERS LIMITED

Abbreviated Accounts

31 May 2014

OVAL EXPRESS DRY CLEANERS LIMITED Registered Number 06242283

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,968	2,558
		1,968	2,558
Current assets
Debtors		16,153	16,153
Cash at bank and in hand		9,773	6,071
		25,926	22,224
Creditors: amounts falling due within one year		(19,776)	(18,548)
Net current assets (liabilities)		6,150	3,676
Total assets less current liabilities		8,118	6,234
Total net assets (liabilities)		8,118	6,234
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		8,018	6,134
Shareholders' funds		8,118	6,234

For the year ending 31 May 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 26 February 2015

And signed on their behalf by:
Y Musa, Director

OVAL EXPRESS DRY CLEANERS LIMITED Registered Number 06242283

Notes to the Abbreviated Accounts for the period ended 31 May 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 the total invoice value, excluding value added tax of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures, fittings
and equipment - 15% per annum reducing balance
Motor vehicles - 25% per annum reducing balance

2Tangible fixed assets

	£
Cost
At 1 June 2013	5,687
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	5,687
Depreciation
At 1 June 2013	3,129
Charge for the year	590
On disposals	-
At 31 May 2014	3,719
Net book values
At 31 May 2014	1,968
At 31 May 2013	2,558

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100