Abbreviated Company Accounts - LA CHISPA LIMITED

08104923 LA CHISPA LIMITED 2014-06-30 false 2013-07-01 2014-06-30 true 08104923 2013-07-01 2014-06-30 08104923 2014-06-30 08104923 2013-06-30 08104923 uk-gaap-cd-bus:Director1 2013-07-01 2014-06-30 08104923 uk-gaap-cd-bus:Director2 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-30 iso4217:GBP shares

Registered Number 08104923

LA CHISPA LIMITED

Abbreviated Accounts

30 June 2014

LA CHISPA LIMITED Registered Number 08104923

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	680	1,020
		680	1,020
Current assets
Stocks		3,730	3,200
Debtors		16,943	25,988
Cash at bank and in hand		1,174	13
		21,847	29,201
Creditors: amounts falling due within one year		(174,291)	(134,367)
Net current assets (liabilities)		(152,444)	(105,166)
Total assets less current liabilities		(151,764)	(104,146)
Total net assets (liabilities)		(151,764)	(104,146)
Capital and reserves
Called up share capital	3	10,550	10,000
Share premium account		74,450	-
Profit and loss account		(236,764)	(114,146)
Shareholders' funds		(151,764)	(104,146)

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 5 June 2015

And signed on their behalf by:
D Brown, Director

LA CHISPA LIMITED Registered Number 08104923

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 January 2015.

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 25% straight line

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

Other accounting policies
Deferred taxation
Full provision is made for deferred taxation resulting from material timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

2Tangible fixed assets

	£
Cost
At 1 July 2013	1,360
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2014	1,360
Depreciation
At 1 July 2013	340
Charge for the year	340
On disposals	-
At 30 June 2014	680
Net book values
At 30 June 2014	680
At 30 June 2013	1,020

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
10,550 Ordinary shares of £1 each (10,000 shares for 2013)	10,550	10,000

Shares issued during the period :-
550 Ordinary £1 shares