Abbreviated Company Accounts - OSSETT HERBAL STORES LIMITED

LINDENS HEALTH AND NUTRITION LIMITED - Company Information

06385046 OSSETT HERBAL STORES LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 06385046 2014-01-01 2014-12-31 06385046 2014-12-31 06385046 2013-12-31 06385046 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 06385046 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 06385046

OSSETT HERBAL STORES LIMITED

Abbreviated Accounts

31 December 2014

OSSETT HERBAL STORES LIMITED Registered Number 06385046

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	22,889	8,388
		22,889	8,388
Current assets
Stocks		83,558	45,500
Debtors		1,597	958
Cash at bank and in hand		214,904	129,534
		300,059	175,992
Creditors: amounts falling due within one year		(98,602)	(48,385)
Net current assets (liabilities)		201,457	127,607
Total assets less current liabilities		224,346	135,995
Provisions for liabilities		(4,578)	-
Total net assets (liabilities)		219,768	135,995
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		218,768	134,995
Shareholders' funds		219,768	135,995

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 25 September 2015

And signed on their behalf by:
Mr D Broadhead, Director

OSSETT HERBAL STORES LIMITED Registered Number 06385046

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.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
All fixed assets are initially recorded at cost.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures & Fittings - 15% on a straight line basis
Motor Vehicle - 25% on a reducing balance basis
Computer Equipment - 33% on a reducing balance basis

Other accounting policies
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2Tangible fixed assets

	£
Cost
At 1 January 2014	18,185
Additions	24,191
Disposals	(5,000)
Revaluations	-
Transfers	-
At 31 December 2014	37,376
Depreciation
At 1 January 2014	9,797
Charge for the year	6,877
On disposals	(2,187)
At 31 December 2014	14,487
Net book values
At 31 December 2014	22,889
At 31 December 2013	8,388

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1,000 Ordinary shares of £1 each	1,000	1,000