Sewing Online Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 05129717 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 1 JUNE 2012 TO 30 NOVEMBER 2013

FOR

SEWING ONLINE LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

4

DIRECTOR:

Ms D S Keen

SECRETARY:

Kerry Secretarial Services Ltd

REGISTERED OFFICE:

c/o Cox Costello

Langwood House

63-81 High Street

Rickmansworth

Hertfordshire

WD3 1EQ

REGISTERED NUMBER:

05129717 (England and Wales)

ACCOUNTANTS:

Cox Costello & Horne Limited

Chartered Accountants and Chartered Tax Advisers

Langwood House

63-81 High Street

Rickmansworth

Hertfordshire

WD3 1EQ

FIXED ASSETS

Tangible assets

2

240

473

CURRENT ASSETS

Stocks

-

15,282

Cash at bank

28,332

1,618

28,332

16,900

CREDITORS

Amounts falling due within one year

24,945

16,457

NET CURRENT ASSETS

3,387

443

TOTAL ASSETS LESS CURRENT LIABILITIES

3,627

916

PROVISIONS FOR LIABILITIES

38

38

NET ASSETS

3,589

878

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

3,587

876

SHAREHOLDERS' FUNDS

3,589

878

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2013.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 28 August 2014 and were signed by:

Ms D S Keen - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents invoiced sales of services and products.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling

at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2012

23,768

Additions

480

At 30 November 2013

24,248

DEPRECIATION

At 1 June 2012

23,295

Charge for period

713

At 30 November 2013

24,008

NET BOOK VALUE

At 30 November 2013

240

At 31 May 2012

473

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.13

31.5.12

value:

£

£

2

Ordinary

1

2

2

4.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party during the year was Ms D S Keen.

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Sewing Online Ltd for the period ended 30 November 2013 which comprise the Profit and Loss

Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to

its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Sewing Online Ltd in accordance with our terms of engagement. Our work

has been undertaken solely to prepare for your approval the financial statements of Sewing Online Ltd and state those

matters that we have agreed to state to the director of Sewing Online Ltd in this report in accordance with AAF 2/10 as

detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to

anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Sewing Online Ltd has kept adequate accounting records and to prepare statutory financial

statements that give a true and fair view of the assets, liabilities, financial position and profit of Sewing Online Ltd. You

consider that Sewing Online Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Sewing Online Ltd. For this

reason, we have not verified the accuracy or completeness of the accounting records or information and explanations

you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Cox Costello & Horne Limited

Chartered Accountants and Chartered Tax Advisers

Langwood House

63-81 High Street

Rickmansworth

Hertfordshire

WD3 1EQ

Date: .............................................