Abbreviated Company Accounts - SUZI WONG CREATIONS LIMITED

SUZI WONG CREATIONS LIMITED - Company Information

08036820 SUZI WONG CREATIONS LIMITED 2014-06-30 false 2013-07-01 2014-06-30 true 08036820 2013-07-01 2014-06-30 08036820 2014-06-30 08036820 2013-06-30 08036820 uk-gaap-cd-bus:Director1 2013-07-01 2014-06-30 08036820 uk-gaap-cd-bus:Director2 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-30 iso4217:GBP shares

Registered Number 08036820

SUZI WONG CREATIONS LIMITED

Abbreviated Accounts

30 June 2014

SUZI WONG CREATIONS LIMITED Registered Number 08036820

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	32,400	34,200
Tangible assets	3	14,835	8,478
		47,235	42,678
Current assets
Stocks		7,021	4,863
Debtors		25,919	19,608
Cash at bank and in hand		8,464	11,882
		41,404	36,353
Creditors: amounts falling due within one year		(63,936)	(67,448)
Net current assets (liabilities)		(22,532)	(31,095)
Total assets less current liabilities		24,703	11,583
Total net assets (liabilities)		24,703	11,583
Capital and reserves
Called up share capital	4	1,000	1,000
Profit and loss account		23,703	10,583
Shareholders' funds		24,703	11,583

For the year ending 30 June 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 19 November 2014

And signed on their behalf by:
Mr J Anglesea, Director

SUZI WONG CREATIONS LIMITED Registered Number 08036820

Notes to the Abbreviated Accounts for the period ended 30 June 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 amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment 15% Reducing Balance
Motor vehicles 25% Reducing balance

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

Other accounting policies
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting
Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied
consistently (except as otherwise stated).

2Intangible fixed assets

	£
Cost
At 1 July 2013	36,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2014	36,000
Amortisation
At 1 July 2013	1,800
Charge for the year	1,800
On disposals	-
At 30 June 2014	3,600
Net book values
At 30 June 2014	32,400
At 30 June 2013	34,200

3Tangible fixed assets

	£
Cost
At 1 July 2013	9,883
Additions	11,456
Disposals	(2,465)
Revaluations	-
Transfers	-
At 30 June 2014	18,874
Depreciation
At 1 July 2013	1,405
Charge for the year	2,634
On disposals	-
At 30 June 2014	4,039
Net book values
At 30 June 2014	14,835
At 30 June 2013	8,478

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1,000 Ordinary shares of £1 each	1,000	1,000