Abbreviated Company Accounts - TOYS AND INTERIORS LTD

06501300 TOYS AND INTERIORS LTD 2015-02-28 false 2014-03-01 2015-02-28 true 06501300 2014-03-01 2015-02-28 06501300 2015-02-28 06501300 2014-02-28 06501300 uk-gaap-cd-bus:Director1 2014-03-01 2015-02-28 06501300 uk-gaap-cd-bus:Director2 2014-03-01 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-01 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-28 iso4217:GBP shares

Registered Number 06501300

TOYS AND INTERIORS LTD

Abbreviated Accounts

28 February 2015

TOYS AND INTERIORS LTD Registered Number 06501300

Abbreviated Balance Sheet as at 28 February 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	22,790	19,545
		22,790	19,545
Current assets
Stocks		92,744	30,275
Debtors		27,104	26,471
Cash at bank and in hand		15,544	15,860
		135,392	72,606
Creditors: amounts falling due within one year		(57,517)	(36,491)
Net current assets (liabilities)		77,875	36,115
Total assets less current liabilities		100,665	55,660
Creditors: amounts falling due after more than one year		(122,440)	(59,048)
Provisions for liabilities		(324)	(3,136)
Total net assets (liabilities)		(22,099)	(6,524)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(22,199)	(6,624)
Shareholders' funds		(22,099)	(6,524)

For the year ending 28 February 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:
S Hollis, Director

TOYS AND INTERIORS LTD Registered Number 06501300

Notes to the Abbreviated Accounts for the period ended 28 February 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 comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives.

2Tangible fixed assets

	£
Cost
At 1 March 2014	25,216
Additions	13,814
Disposals	(5,298)
Revaluations	-
Transfers	-
At 28 February 2015	33,732
Depreciation
At 1 March 2014	5,671
Charge for the year	9,017
On disposals	(3,746)
At 28 February 2015	10,942
Net book values
At 28 February 2015	22,790
At 28 February 2014	19,545

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

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100