Amber Interiors Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07501480 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2015

FOR

AMBER INTERIORS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

to

4

DIRECTOR:

K Ellis

REGISTERED OFFICE:

47 Rhodes Avenue

Wood Green

London

N22 7UR

REGISTERED NUMBER:

07501480 (England and Wales)

ACCOUNTANTS:

Smith Cooper Limited

Chartered Accountants

St Helen's House

King Street

Derby

DE1 3EE

FIXED ASSETS

Tangible assets

2

-

1,378

CURRENT ASSETS

Debtors

404,778

7,015

Cash at bank and in hand

239,023

285,559

643,801

292,574

CREDITORS

Amounts falling due within one year

159,855

175,392

NET CURRENT ASSETS

483,946

117,182

TOTAL ASSETS LESS CURRENT LIABILITIES

483,946

118,560

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

483,846

118,460

SHAREHOLDERS' FUNDS

483,946

118,560

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 25 November 2015 and were signed by:

K Ellis - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company

qualifies as a small company.

Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied,

exclusive of Value Added Tax and trade discounts.

Turnover is recognised when contracts are completed.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

50% on cost

Deferred tax

Full provision is made for deferred tax assets and liabilities arising from all timing differences between

the recognition of gains and losses in the financial statements and recognition in the tax computation.

A net deferred tax asset is recognised only if it can be regarded as more likely than not that there will

be suitable taxable profits from which the future reversal of the underlying timing differences can be

deducted.

Deferred tax assets and liabilities are calculated at the tax rates expected to be effective at the time

the timing differences are expected to reverse.

Deferred tax assets and liabilities are not discounted

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2014

and 28 February 2015

8,588

DEPRECIATION

At 1 March 2014

7,210

Charge for year

1,378

At 28 February 2015

8,588

NET BOOK VALUE

At 28 February 2015

-

At 28 February 2014

1,378

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

1.00

100

100