Abbreviated Company Accounts - FOURTEEN (NORTH WEST) LIMITED

FOURTEEN (NORTH WEST) LIMITED - Company Information

Registered Number 05840436

FOURTEEN (NORTH WEST) LIMITED

Abbreviated Accounts

31 July 2015

FOURTEEN (NORTH WEST) LIMITED Registered Number 05840436

Abbreviated Balance Sheet as at 31 July 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	4,854	7,904
		4,854	7,904
Current assets
Debtors		-	2,206
Cash at bank and in hand		69,058	73,912
		69,058	76,118
Creditors: amounts falling due within one year		(73,675)	(71,286)
Net current assets (liabilities)		(4,617)	4,832
Total assets less current liabilities		237	12,736
Total net assets (liabilities)		237	12,736
Capital and reserves
Called up share capital		2	2
Profit and loss account		235	12,734
Shareholders' funds		237	12,736

For the year ending 31 July 2015 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 19 October 2015

And signed on their behalf by:
Mrs D Fellone, Director

FOURTEEN (NORTH WEST) LIMITED Registered Number 05840436

Notes to the Abbreviated Accounts for the period ended 31 July 2015

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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Franchise fees 10% straight line
Motor vehicle 25% straight line
Office/IT equipment 33.3% straight line

2Tangible fixed assets

	£
Cost
At 1 August 2014	41,877
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2015	41,877
Depreciation
At 1 August 2014	33,973
Charge for the year	3,050
On disposals	-
At 31 July 2015	37,023
Net book values
At 31 July 2015	4,854
At 31 July 2014	7,904