Abbreviated Company Accounts - COAST HAIRDRESSING LIMITED

Abbreviated Company Accounts - COAST HAIRDRESSING LIMITED


Registered Number 08621365

COAST HAIRDRESSING LIMITED

Abbreviated Accounts

31 March 2014

COAST HAIRDRESSING LIMITED Registered Number 08621365

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014
£
Fixed assets
Tangible assets 2 1,582
1,582
Current assets
Stocks 800
Cash at bank and in hand 4,121
4,921
Creditors: amounts falling due within one year (10,780)
Net current assets (liabilities) (5,859)
Total assets less current liabilities (4,277)
Total net assets (liabilities) (4,277)
Capital and reserves
Called up share capital 3 1
Profit and loss account (4,278)
Shareholders' funds (4,277)
  • For the year ending 31 March 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 18 April 2015

And signed on their behalf by:
Mr R Pettitt, Director

COAST HAIRDRESSING LIMITED Registered Number 08621365

Notes to the Abbreviated Accounts for the period ended 31 March 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 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.
Plant and machinery 15% reducing balance

Valuation information and policy
Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets
£
Cost
Additions 1,861
Disposals -
Revaluations -
Transfers -
At 31 March 2014 1,861
Depreciation
Charge for the year 279
On disposals -
At 31 March 2014 279
Net book values
At 31 March 2014 1,582
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
1 Ordinary shares of £1 each 1