Abbreviated Company Accounts - SELVEDGE LIMITED

Abbreviated Company Accounts - SELVEDGE LIMITED

SELVEDGE LIMITED - Company Information

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Registered Number 04953181

SELVEDGE LIMITED

Abbreviated Accounts

30 November 2014

SELVEDGE LIMITED Registered Number 04953181

Abbreviated Balance Sheet as at 30 November 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 104,080 104,080
Tangible assets 3 4,549 6,065
108,629 110,145
Current assets
Stocks 38,124 42,428
Debtors 44,217 38,471
Cash at bank and in hand 37,841 58,127
120,182 139,026
Creditors: amounts falling due within one year (148,206) (175,041)
Net current assets (liabilities) (28,024) (36,015)
Total assets less current liabilities 80,605 74,130
Total net assets (liabilities) 80,605 74,130
Capital and reserves
Called up share capital 1 1
Profit and loss account 80,604 74,129
Shareholders' funds 80,605 74,130
  • For the year ending 30 November 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 18 August 2015

And signed on their behalf by:
Polly Leonard, Director

SELVEDGE LIMITED Registered Number 04953181

Notes to the Abbreviated Accounts for the period ended 30 November 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.

2Intangible fixed assets
£
Cost
At 1 December 2013 104,080
Additions -
Disposals -
Revaluations -
Transfers -
At 30 November 2014 104,080
Amortisation
At 1 December 2013 -
Charge for the year -
On disposals -
At 30 November 2014 -
Net book values
At 30 November 2014 104,080
At 30 November 2013 104,080

Goodwill

3Tangible fixed assets
£
Cost
At 1 December 2013 32,858
Additions -
Disposals -
Revaluations -
Transfers -
At 30 November 2014 32,858
Depreciation
At 1 December 2013 26,793
Charge for the year 1,516
On disposals -
At 30 November 2014 28,309
Net book values
At 30 November 2014 4,549
At 30 November 2013 6,065

Plant and Machinery - 25% Reducing Balance Method