Abbreviated Company Accounts - OUR WELLNESS LIMITED

Abbreviated Company Accounts - OUR WELLNESS LIMITED


Registered Number 08680180

OUR WELLNESS LIMITED

Abbreviated Accounts

31 March 2014

OUR WELLNESS LIMITED Registered Number 08680180

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014
£
Fixed assets
Tangible assets 2 842
842
Current assets
Stocks 1,300
Debtors 18,066
Cash at bank and in hand 11,035
30,401
Creditors: amounts falling due within one year (13,064)
Net current assets (liabilities) 17,337
Total assets less current liabilities 18,179
Total net assets (liabilities) 18,179
Capital and reserves
Called up share capital 100
Profit and loss account 18,079
Shareholders' funds 18,179
  • 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 June 2015

And signed on their behalf by:
Mr J Robbins, Director

OUR WELLNESS LIMITED Registered Number 08680180

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 invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and fittings straight line 25%

Other accounting policies
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.

2Tangible fixed assets
£
Cost
Additions 1,158
Disposals -
Revaluations -
Transfers -
At 31 March 2014 1,158
Depreciation
Charge for the year 316
On disposals -
At 31 March 2014 316
Net book values
At 31 March 2014 842