Accounts filed on 31-08-2014


ABBREVIATED ACCOUNTS


FOR THE PERIOD ENDED 31/08/2014

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 8647202


Registered Number: 8647202

BALANCE SHEET AT 31/08/2014

			2014
	Notes		£


CURRENT ASSETS
Stock		56,320
Debtors (amounts falling due within one year)	2	469
Cash at bank and in hand		10,835
		67,624
CREDITORS: Amounts falling due within one year		64,750
NET CURRENT ASSETS			2,874
TOTAL ASSETS LESS CURRENT LIABILITIES			2,874

CAPITAL AND RESERVES

Called up share capital	3		100
Profit and loss account			2,774
SHAREHOLDERS' FUNDS			2,874

For the year ending 31/08/2014 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 28/04/2015 and signed on their behalf by




Mrs J Turner
Director



.............................
R P White
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).




1c. Stocks
Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in first out basis. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.




1d. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts. Turnover is recognised when the goods are physically delivered to the customer.




2. DEBTORS				2014
				£

Amounts falling due within one year:
VAT				469
				469




3. SHARE CAPITAL				2014
				£
Allotted, issued and fully paid:
100 Ordinary shares of £1.00 each				100
				100

New shares issued during period:
100 Ordinary shares of £1.00 each				100
				100




4. CONTROLLING PARTY
The ultimate controlling party is JM Turner & RP White