Abbreviated Company Accounts - SUZANNE BARNES DESIGN PARTNERSHIP LIMITED

SUZANNE BARNES DESIGN PARTNERSHIP LIMITED - Company Information

04545719 SUZANNE BARNES DESIGN PARTNERSHIP LIMITED 2014-11-30 false 2013-12-01 2014-11-30 true 04545719 2013-12-01 2014-11-30 04545719 2014-11-30 04545719 2013-11-30 04545719 uk-gaap-cd-bus:Director1 2013-12-01 2014-11-30 04545719 uk-gaap-cd-bus:Director2 2013-12-01 2014-11-30 uk-gaap-cd-bus:Director3 2013-12-01 2014-11-30 uk-gaap-cd-bus:Director3 2014-11-30 uk-gaap-cd-bus:Director3 2013-11-30 iso4217:GBP shares

Registered Number 04545719

SUZANNE BARNES DESIGN PARTNERSHIP LIMITED

Abbreviated Accounts

30 November 2014

SUZANNE BARNES DESIGN PARTNERSHIP LIMITED Registered Number 04545719

Abbreviated Balance Sheet as at 30 November 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	4,901	5,601
		4,901	5,601
Current assets
Stocks		7,220	8,100
Debtors		31,649	41,830
Cash at bank and in hand		2,477	13,230
		41,346	63,160
Creditors: amounts falling due within one year		(27,255)	(44,186)
Net current assets (liabilities)		14,091	18,974
Total assets less current liabilities		18,992	24,575
Creditors: amounts falling due after more than one year		(15,000)	(15,000)
Total net assets (liabilities)		3,992	9,575
Capital and reserves
Called up share capital		1	1
Profit and loss account		3,991	9,574
Shareholders' funds		3,992	9,575

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 28 August 2015

And signed on their behalf by:
SD Barnes, Director

SUZANNE BARNES DESIGN PARTNERSHIP LIMITED Registered Number 04545719

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.

Turnover policy
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided to write off each asset over its estimated useful life of four years.

Other accounting policies
Stock
Stock is valued at the lower of cost and estimated net realisable value.

2Tangible fixed assets

	£
Cost
At 1 December 2013	12,045
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2014	12,045
Depreciation
At 1 December 2013	6,444
Charge for the year	700
On disposals	-
At 30 November 2014	7,144
Net book values
At 30 November 2014	4,901
At 30 November 2013	5,601

3Transactions with directors

Name of director receiving advance or credit:	Mrs S D Barnes
Description of the transaction:	Loan from director
Balance at 1 December 2013:	£ 15,000
Advances or credits made:	-
Advances or credits repaid:	-
Balance at 30 November 2014:	£ 15,000

Creditors due after one year represent a loan from Mrs SD Barnes, a director of the company. No request for repayment will be made until the company has sufficient funds.