Abbreviated Company Accounts - SHOUT FIRE LIMITED

Abbreviated Company Accounts - SHOUT FIRE LIMITED


Registered Number 03495125

SHOUT FIRE LIMITED

Abbreviated Accounts

31 December 2013

SHOUT FIRE LIMITED Registered Number 03495125

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013 2012
£ £
Fixed assets
Intangible assets 2 242 361
Tangible assets 3 3,849 5,132
4,091 5,493
Current assets
Debtors 11,105 13,546
Cash at bank and in hand 81,497 60,276
92,602 73,822
Creditors: amounts falling due within one year (55,769) (35,775)
Net current assets (liabilities) 36,833 38,047
Total assets less current liabilities 40,924 43,540
Total net assets (liabilities) 40,924 43,540
Capital and reserves
Called up share capital 4 2 2
Profit and loss account 40,922 43,538
Shareholders' funds 40,924 43,540
  • For the year ending 31 December 2013 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 15 March 2014

And signed on their behalf by:
P Weavers, Director

SHOUT FIRE LIMITED Registered Number 03495125

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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 25% reducing balance in order to write off the assets over their estimated useful lives.

Intangible assets amortisation policy
Website development is being written off in equal instalments over its estimated economic life of 5 years.

2Intangible fixed assets
£
Cost
At 1 January 2013 599
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2013 599
Amortisation
At 1 January 2013 238
Charge for the year 119
On disposals -
At 31 December 2013 357
Net book values
At 31 December 2013 242
At 31 December 2012 361
3Tangible fixed assets
£
Cost
At 1 January 2013 12,580
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2013 12,580
Depreciation
At 1 January 2013 7,448
Charge for the year 1,283
On disposals -
At 31 December 2013 8,731
Net book values
At 31 December 2013 3,849
At 31 December 2012 5,132
4Called Up Share Capital
Allotted, called up and fully paid:
2013
£
2012
£
2 Ordinary shares of £1 each 2 2