Abbreviated Company Accounts - WAISTCOATS LTD

03796366 WAISTCOATS LTD 2013-11-30 false 2012-12-01 2013-11-30 true 03796366 2012-12-01 2013-11-30 03796366 2013-11-30 03796366 2012-11-30 03796366 uk-gaap-cd-bus:Director1 2012-12-01 2013-11-30 03796366 uk-gaap-cd-bus:Director2 2012-12-01 2013-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-01 2013-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-11-30 iso4217:GBP shares

Registered Number 03796366

WAISTCOATS LTD

Abbreviated Accounts

30 November 2013

WAISTCOATS LTD Registered Number 03796366

Abbreviated Balance Sheet as at 30 November 2013

	Notes	2013	2012
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	742	990
		742	990
Current assets
Stocks		1,705	1,705
Cash at bank and in hand		19,979	17,804
		21,684	19,509
Creditors: amounts falling due within one year		(935)	(796)
Net current assets (liabilities)		20,749	18,713
Total assets less current liabilities		21,491	19,703
Creditors: amounts falling due after more than one year		(18,503)	(18,503)
Total net assets (liabilities)		2,988	1,200
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		2,986	1,198
Shareholders' funds		2,988	1,200

For the year ending 30 November 2013 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 12 August 2014

And signed on their behalf by:
Carolyne L Hirsch, Director

WAISTCOATS LTD Registered Number 03796366

Notes to the Abbreviated Accounts for the period ended 30 November 2013

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
The turnover shown is net of Value Added Tax

Tangible assets depreciation policy
Depreciation on fixed assets is calculated at 25% on a reducing balance method

2Tangible fixed assets

	£
Cost
At 1 December 2012	4,049
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2013	4,049
Depreciation
At 1 December 2012	3,059
Charge for the year	248
On disposals	-
At 30 November 2013	3,307
Net book values
At 30 November 2013	742
At 30 November 2012	990

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

	2013 £	2012 £
2 Ordinary shares of £1 each	2	2