I.D. Uniforms Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 08034750 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

for

I.D. Uniforms Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M Mellors

G A Clegg

SECRETARY:

REGISTERED OFFICE:

5 Sandhey Road

Wirral

CH47 5AU

REGISTERED NUMBER:

08034750 (England and Wales)

ACCOUNTANTS:

Ainley Cookson & Co

Chartered Accountants

102 Market Street

Hoylake

Wirral

Merseyside

CH47 3BE

FIXED ASSETS

Tangible assets

2

70,162

58,075

CURRENT ASSETS

Stocks

50,227

8,163

Debtors

67,789

10,475

Cash at bank

23,293

8,352

141,309

26,990

CREDITORS

Amounts falling due within one year

207,471

97,298

NET CURRENT LIABILITIES

(66,162

)

(70,308

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,000

(12,233

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

3,900

(12,333

)

SHAREHOLDERS' FUNDS

4,000

(12,233

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 21 August 2014 and were signed on its behalf by:

M Mellors - Director

1.	ACCOUNTING POLICIES

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 represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

not provided

Plant and machinery

-

15% on reducing balance

Office equipment

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

62,318

Additions

21,164

At 31 March 2014

83,482

DEPRECIATION

At 1 April 2013

4,243

Charge for year

9,077

At 31 March 2014

13,320

NET BOOK VALUE

At 31 March 2014

70,162

At 31 March 2013

58,075

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

100

Ordinary

£1

100

100