Abbreviated Company Accounts - MASSAGE CHAIR DISTRIBUTORS LIMITED

MASSAGE CHAIR DISTRIBUTORS LIMITED - Company Information

Registered Number 04657160

MASSAGE CHAIR DISTRIBUTORS LIMITED

Abbreviated Accounts

28 February 2015

MASSAGE CHAIR DISTRIBUTORS LIMITED Registered Number 04657160

Abbreviated Balance Sheet as at 28 February 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	1,834	2,727
		1,834	2,727
Current assets
Stocks		21,160	23,710
Debtors		735	1,384
Cash at bank and in hand		13,372	13,863
		35,267	38,957
Creditors: amounts falling due within one year		(51,634)	(62,181)
Net current assets (liabilities)		(16,367)	(23,224)
Total assets less current liabilities		(14,533)	(20,497)
Total net assets (liabilities)		(14,533)	(20,497)
Capital and reserves
Called up share capital		500	500
Profit and loss account		(15,033)	(20,997)
Shareholders' funds		(14,533)	(20,497)

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 26 November 2015

And signed on their behalf by:
Mr J S Bunting, Director

MASSAGE CHAIR DISTRIBUTORS LIMITED Registered Number 04657160

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 represents the total value of goods, excluding value added tax, provided to customers during the year, plus the value of work, excluding value added tax, performed during the year with respect to services.

Intangible assets amortisation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life.

2Tangible fixed assets

	£
Cost
At 1 March 2014	21,420
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2015	21,420
Depreciation
At 1 March 2014	18,693
Charge for the year	893
On disposals	-
At 28 February 2015	19,586
Net book values
At 28 February 2015	1,834
At 28 February 2014	2,727