Abbreviated Company Accounts - SUZANNE BARNES DESIGN PARTNERSHIP LIMITED

SUZANNE BARNES DESIGN PARTNERSHIP LIMITED - Company Information

04545719 SUZANNE BARNES DESIGN PARTNERSHIP LIMITED 2013-11-30 false 2012-12-01 2013-11-30 true 04545719 2012-12-01 2013-11-30 04545719 2013-11-30 04545719 2012-11-30 04545719 uk-gaap-cd-bus:Director1 2012-12-01 2013-11-30 04545719 uk-gaap-cd-bus:Director2 2012-12-01 2013-11-30 uk-gaap-cd-bus:Director3 2012-12-01 2013-11-30 uk-gaap-cd-bus:Director3 2013-11-30 uk-gaap-cd-bus:Director3 2012-11-30 iso4217:GBP shares

Registered Number 04545719

SUZANNE BARNES DESIGN PARTNERSHIP LIMITED

Abbreviated Accounts

30 November 2013

SUZANNE BARNES DESIGN PARTNERSHIP LIMITED Registered Number 04545719

Abbreviated Balance Sheet as at 30 November 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	5,601	6,301
		5,601	6,301
Current assets
Stocks		8,100	11,570
Debtors		41,830	29,367
Cash at bank and in hand		13,230	5,091
		63,160	46,028
Creditors: amounts falling due within one year		(44,186)	(29,963)
Net current assets (liabilities)		18,974	16,065
Total assets less current liabilities		24,575	22,366
Creditors: amounts falling due after more than one year		(15,000)	(15,000)
Total net assets (liabilities)		9,575	7,366
Capital and reserves
Called up share capital		1	1
Profit and loss account		9,574	7,365
Shareholders' funds		9,575	7,366

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 27 August 2014

And signed on their behalf by:
Mrs S D Barnes, Director

SUZANNE BARNES DESIGN PARTNERSHIP LIMITED Registered Number 04545719

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
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided to write off each asset over its estimated useful life of four years.

Other accounting policies
Stock
Stock is valued at the lower of cost and estimated net realisable value.

2Tangible fixed assets

	£
Cost
At 1 December 2012	12,045
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2013	12,045
Depreciation
At 1 December 2012	5,744
Charge for the year	700
On disposals	-
At 30 November 2013	6,444
Net book values
At 30 November 2013	5,601
At 30 November 2012	6,301

3Transactions with directors

Name of director receiving advance or credit:	Mrs S D Barnes
Description of the transaction:	Loan from director
Balance at 1 December 2012:	£ 15,000
Advances or credits made:	-
Advances or credits repaid:	-
Balance at 30 November 2013:	£ 15,000

Creditors due after one year of £15,000 represent a loan from Mrs S D Barnes, a director of the company. No request for repayment will be made until the company has sufficient funds.