Abbreviated Company Accounts - THE CONTRACT SHOP LIMITED

THE CONTRACT SHOP LIMITED - Company Information

07252553 THE CONTRACT SHOP LIMITED 2015-05-31 false 2014-06-01 2015-05-31 true 07252553 2014-06-01 2015-05-31 07252553 2015-05-31 07252553 2014-05-31 07252553 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 07252553 uk-gaap-cd-bus:Director2 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 iso4217:GBP shares

Registered Number 07252553

THE CONTRACT SHOP LIMITED

Abbreviated Accounts

31 May 2015

THE CONTRACT SHOP LIMITED Registered Number 07252553

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	1,092	1,456
		1,092	1,456
Current assets
Debtors		4,519	6,486
Cash at bank and in hand		5,352	7,023
		9,871	13,509
Creditors: amounts falling due within one year		(7,870)	(9,761)
Net current assets (liabilities)		2,001	3,748
Total assets less current liabilities		3,093	5,204
Provisions for liabilities		(218)	(291)
Total net assets (liabilities)		2,875	4,913
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		2,874	4,912
Shareholders' funds		2,875	4,913

For the year ending 31 May 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 23 November 2015

And signed on their behalf by:
Mr Stephen O'Connell, Director

THE CONTRACT SHOP LIMITED Registered Number 07252553

Notes to the Abbreviated Accounts for the period ended 31 May 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 net invoiced sales of services, excluding value added tax.

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

Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 June 2014	2,723
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	2,723
Depreciation
At 1 June 2014	1,267
Charge for the year	364
On disposals	-
At 31 May 2015	1,631
Net book values
At 31 May 2015	1,092
At 31 May 2014	1,456

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

	2015 £	2014 £
10 Ordinary shares of £0.10 each	1	1