Abbreviated Company Accounts - PHYSICOOL LIMITED

Abbreviated Company Accounts - PHYSICOOL LIMITED

PHYSICOOL LIMITED - Company Information

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Registered Number 05629418

PHYSICOOL LIMITED

Abbreviated Accounts

31 December 2013

PHYSICOOL LIMITED Registered Number 05629418

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 495 88
495 88
Current assets
Stocks 101,375 99,827
Debtors 30,619 12,074
Cash at bank and in hand 18,778 65,296
150,772 177,197
Creditors: amounts falling due within one year (183,399) (35,175)
Net current assets (liabilities) (32,627) 142,022
Total assets less current liabilities (32,132) 142,110
Total net assets (liabilities) (32,132) 142,110
Capital and reserves
Called up share capital 15,000 15,000
Share premium account 243,453 243,453
Profit and loss account (290,585) (116,343)
Shareholders' funds (32,132) 142,110
  • For the year ending 31 December 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 20 August 2014

And signed on their behalf by:
Ms K Russell, Director

PHYSICOOL LIMITED Registered Number 05629418

Notes to the Abbreviated Accounts for the period ended 31 December 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
Turnover represents net invoiced sales of goods, excluding value added tax.

2Tangible fixed assets
£
Cost
At 1 January 2013 478
Additions 524
Disposals -
Revaluations -
Transfers -
At 31 December 2013 1,002
Depreciation
At 1 January 2013 390
Charge for the year 117
On disposals -
At 31 December 2013 507
Net book values
At 31 December 2013 495
At 31 December 2012 88