Abbreviated Company Accounts - LABELS 4 LESS (LONDON) LIMITED

Abbreviated Company Accounts - LABELS 4 LESS (LONDON) LIMITED

LABELS 4 LESS (LONDON) LIMITED - Company Information

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Registered Number 03973464

LABELS 4 LESS (LONDON) LIMITED

Abbreviated Accounts

31 October 2014

LABELS 4 LESS (LONDON) LIMITED Registered Number 03973464

Abbreviated Balance Sheet as at 31 October 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 4,214 2,160
4,214 2,160
Current assets
Stocks 2,850 5,522
Cash at bank and in hand 361 4,166
3,211 9,688
Creditors: amounts falling due within one year (4,938) (8,265)
Net current assets (liabilities) (1,727) 1,423
Total assets less current liabilities 2,487 3,583
Total net assets (liabilities) 2,487 3,583
Capital and reserves
Called up share capital 2 2
Profit and loss account 2,485 3,581
Shareholders' funds 2,487 3,583
  • For the year ending 31 October 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 20 July 2015

And signed on their behalf by:
PM BRAND, Director

LABELS 4 LESS (LONDON) LIMITED Registered Number 03973464

Notes to the Abbreviated Accounts for the period ended 31 October 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
In the normal course of business

Tangible assets depreciation policy
20% on plant reducing balance.

2Tangible fixed assets
£
Cost
At 1 November 2013 3,600
Additions 3,650
Disposals -
Revaluations -
Transfers -
At 31 October 2014 7,250
Depreciation
At 1 November 2013 1,440
Charge for the year 1,596
On disposals -
At 31 October 2014 3,036
Net book values
At 31 October 2014 4,214
At 31 October 2013 2,160