Vinyl Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06753438 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 1ST JUNE 2013 TO 30TH NOVEMBER 2014

FOR

VINYL LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

K Burgess

REGISTERED OFFICE:

Unit 40

Bishopton Drive

MACCLESFIELD

Cheshire

SK11 8TR

REGISTERED NUMBER:

06753438 (England and Wales)

ACCOUNTANTS:

Chandley Robinson Limited

Chartered Accountants

8A Manor Close

Cheadle Hulme

CHEADLE

Cheshire

SK8 7DJ

FIXED ASSETS

Tangible assets

2

312

-

CURRENT ASSETS

Stocks

9,715

-

Debtors

56,152

-

Cash at bank and in hand

11,098

100

76,965

100

CREDITORS

Amounts falling due within one year

76,065

-

NET CURRENT ASSETS

900

100

TOTAL ASSETS LESS CURRENT LIABILITIES

1,212

100

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

1,112

-

SHAREHOLDERS' FUNDS

1,212

100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30th November 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 30th November 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 10th August 2015 and were signed by:

K Burgess - 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 net invoiced sales of goods, excluding value added tax.

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

-

25% 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

500

At 30th November 2014

500

DEPRECIATION

Charge for period

188

At 30th November 2014

188

NET BOOK VALUE

At 30th November 2014

312

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary shares

£1

100

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES