Designaction Limited - Limited company - abbreviated - 11.6
Designaction Limited - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts |
For The Year Ended 30 November 2014 |
for |
Designaction Limited |
Trading as |
Wings 'N' Wheels |
Designaction Limited (Registered number: 01837418) |
Trading as Wings 'N' Wheels |
Contents of the Abbreviated Accounts |
For The Year Ended 30 November 2014 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
Designaction Limited |
Trading as Wings 'N' Wheels |
Company Information |
For The Year Ended 30 November 2014 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Designaction Limited (Registered number: 01837418) |
Trading as Wings 'N' Wheels |
Abbreviated Balance Sheet |
30 November 2014 |
30.11.14 | 30.11.13 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 2 |
Tangible assets | 3 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Profit and loss account | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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. |
Designaction Limited (Registered number: 01837418) |
Trading as Wings 'N' Wheels |
Abbreviated Balance Sheet - continued |
30 November 2014 |
The financial statements were approved by the director on |
Designaction Limited (Registered number: 01837418) |
Trading as Wings 'N' Wheels |
Notes to the Abbreviated Accounts |
For The Year Ended 30 November 2014 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements have been prepared in accordance with applicable accounting standards. |
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 is the total amount receivable by the company in the ordinary course of business with outside customers |
for goods supplied as a principal and for services provided excluding trade discounts. |
Sales in the main consist of moneys from admission to the show and from the rent of stallholder space.Where |
payments are received from customers on account of next year's show these are shown as deferred income and |
included in creditors. |
Goodwill |
Tangible fixed assets |
Plant and machinery etc | - |
Stocks |
Stock is valued at the lower of cost or net realisable value.Stocks represent the value of the remaining consumable |
items on hand at the balance sheet date valued by reference to the original cost price. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
Operating leases |
Rentals paid under operating Leases are charged to the Profit and Loss account as incurred. |
Designaction Limited (Registered number: 01837418) |
Trading as Wings 'N' Wheels |
Notes to the Abbreviated Accounts - continued |
For The Year Ended 30 November 2014 |
2. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 December 2013 |
and 30 November 2014 |
AMORTISATION |
At 1 December 2013 |
and 30 November 2014 |
NET BOOK VALUE |
At 30 November 2014 |
At 30 November 2013 |
3. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 December 2013 |
Additions |
At 30 November 2014 |
DEPRECIATION |
At 1 December 2013 |
Charge for year |
At 30 November 2014 |
NET BOOK VALUE |
At 30 November 2014 |
At 30 November 2013 |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.11.14 | 30.11.13 |
value: | £ | £ |
Ordinary | £1 |