Abbreviated Company Accounts - SHA DESIGNS LTD

Abbreviated Company Accounts - SHA DESIGNS LTD

SHA DESIGNS LTD - Company Information

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Registered Number 07450559

SHA DESIGNS LTD

Abbreviated Accounts

31 December 2014

SHA DESIGNS LTD Registered Number 07450559

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 5,153 9,493
5,153 9,493
Current assets
Stocks 122,000 51,000
Debtors 28,048 11,254
Cash at bank and in hand 8,967 4,341
159,015 66,595
Creditors: amounts falling due within one year (136,081) (6,686)
Net current assets (liabilities) 22,934 59,909
Total assets less current liabilities 28,087 69,402
Creditors: amounts falling due after more than one year (19,899) (69,824)
Total net assets (liabilities) 8,188 (422)
Capital and reserves
Called up share capital 3 3
Profit and loss account 8,185 (425)
Shareholders' funds 8,188 (422)
  • For the year ending 31 December 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 14 August 2015

And signed on their behalf by:
MR S. AMAR, Director

SHA DESIGNS LTD Registered Number 07450559

Notes to the Abbreviated Accounts for the period ended 31 December 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.

2Tangible fixed assets
£
Cost
At 1 January 2014 21,701
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2014 21,701
Depreciation
At 1 January 2014 12,208
Charge for the year 4,340
On disposals -
At 31 December 2014 16,548
Net book values
At 31 December 2014 5,153
At 31 December 2013 9,493