Abbreviated Company Accounts - LES TRICOTS DE MARGOT LTD

Abbreviated Company Accounts - LES TRICOTS DE MARGOT LTD

LES TRICOTS DE MARGOT LTD - Company Information

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Registered Number 07298586

LES TRICOTS DE MARGOT LTD

Abbreviated Accounts

30 June 2014

LES TRICOTS DE MARGOT LTD Registered Number 07298586

Abbreviated Balance Sheet as at 30 June 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 132 128
132 128
Current assets
Stocks 9,279 10,419
Debtors 48 -
Cash at bank and in hand 15,481 13,200
24,808 23,619
Creditors: amounts falling due within one year (7,894) (8,209)
Net current assets (liabilities) 16,914 15,410
Total assets less current liabilities 17,046 15,538
Creditors: amounts falling due after more than one year (48,516) (47,635)
Total net assets (liabilities) (31,470) (32,097)
Capital and reserves
Called up share capital 100 100
Profit and loss account (31,570) (32,197)
Shareholders' funds (31,470) (32,097)
  • 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 31 March 2015

And signed on their behalf by:
PASCALINE KRAUS, Director

LES TRICOTS DE MARGOT LTD Registered Number 07298586

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 reprensents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. Rate is at 33%.

2Tangible fixed assets
£
Cost
At 1 July 2013 1,717
Additions 198
Disposals -
Revaluations -
Transfers -
At 30 June 2014 1,915
Depreciation
At 1 July 2013 1,589
Charge for the year 194
On disposals -
At 30 June 2014 1,783
Net book values
At 30 June 2014 132
At 30 June 2013 128