Abbreviated Company Accounts - SPLASHBLADE PRODUCTS LIMITED
Abbreviated Company Accounts - SPLASHBLADE PRODUCTS LIMITED
Registered Number 06593441
SPLASHBLADE PRODUCTS LIMITED
Abbreviated Accounts
31 May 2014
SPLASHBLADE PRODUCTS LIMITED Registered Number 06593441
Abbreviated Balance Sheet as at 31 May 2014
Notes | 2014 | 2013 | |
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£ | £ | ||
Current assets | |||
Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
( |
( |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 2 |
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Share premium account |
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Profit and loss account |
( |
( |
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Shareholders' funds |
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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
And signed on their behalf by:
SPLASHBLADE PRODUCTS LIMITED Registered Number 06593441
Notes to the Abbreviated Accounts for the period ended 31 May 2014
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Stock
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Research and development
Costs relating to research and development are written off in the year in which they are incurred.