Abbreviated Company Accounts - IMAGES CROYDON LIMITED

Abbreviated Company Accounts - IMAGES CROYDON LIMITED


Registered Number 05868979

IMAGES CROYDON LIMITED

Abbreviated Accounts

31 August 2014

IMAGES CROYDON LIMITED Registered Number 05868979

Abbreviated Balance Sheet as at 31 August 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 2,271 2,902
2,271 2,902
Current assets
Stocks 1,398 1,044
Cash at bank and in hand 3,734 2,105
5,132 3,149
Creditors: amounts falling due within one year (3,808) (4,717)
Net current assets (liabilities) 1,324 (1,568)
Total assets less current liabilities 3,595 1,334
Total net assets (liabilities) 3,595 1,334
Capital and reserves
Called up share capital 3 1 1
Profit and loss account 3,594 1,333
Shareholders' funds 3,595 1,334
  • For the year ending 31 August 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 May 2015

And signed on their behalf by:
I Watson, Director

IMAGES CROYDON LIMITED Registered Number 05868979

Notes to the Abbreviated Accounts for the period ended 31 August 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 invoiced sales of services.

Tangible assets depreciation policy
Depreciation is provided at 20/25% on a reducing balance basis.

Other accounting policies
Stocks are valued at the lower of cost and net realisable value, after making due allowances for obsolete and slow moving items.

2Tangible fixed assets
£
Cost
At 1 September 2013 13,624
Additions -
Disposals -
Revaluations -
Transfers -
At 31 August 2014 13,624
Depreciation
At 1 September 2013 10,722
Charge for the year 631
On disposals -
At 31 August 2014 11,353
Net book values
At 31 August 2014 2,271
At 31 August 2013 2,902
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
1 Ordinary shares of £1 each 1 1