Accounts filed on 28-02-2015

Accounts filed on 28-02-2015

VERACIE LIMITED - Company Information

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VERACIE LIMITED

Company Registration Number:
05055335 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 March 2014

End date: 28 February 2015

VERACIE LIMITED

Abbreviated Balance sheet

As at 28 February 2015


Notes
2015
£
2014
£
Fixed assets
Tangible assets: 2 2,533 3,377
Total fixed assets: 2,533 3,377
Current assets
Stocks: 2,201 1,975
Cash at bank and in hand: 17,344 1,846
Total current assets: 19,545 3,821
Creditors: amounts falling due within one year: ( 65 ) ( 65 )
Net current assets (liabilities): 19,480 3,756
Total assets less current liabilities: 22,013 7,133
Creditors: amounts falling due after more than one year: ( 101,880 ) ( 101,880 )
Total net assets (liabilities): ( 79,867 ) ( 94,747 )

The notes form part of these financial statements

VERACIE LIMITED

Balance sheet continued

As at 28 February 2015


Notes
2015
£
2014
£
Capital and reserves
Called up share capital: 3 2 2
Profit and loss account: ( 79,869 ) ( 94,749 )
Shareholders funds: ( 79,867 ) ( 94,747 )

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

The financial statements were approved by the Board of Directors on 30 October 2015

SIGNED ON BEHALF OF THE BOARD BY:

Name: Andrew Gordon
Status: Director

The notes form part of these financial statements

VERACIE LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 28 February 2015

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2007).

    Turnover policy

    The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

    Fixtures, fittings & equipment 25% per annum reducing balance

VERACIE LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 28 February 2015

  • 2. Tangible assets

    Total
    Cost £
    01 March 2014: 8,306
    Additions: 0
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    28 February 2015: 8,306
    Depreciation
    01 March 2014: 4,929
    Charge for year: 844
    On disposals: 0
    Other adjustments: 0
    28 February 2015: 5,773
    Net book value
    28 February 2015: 2,533
    28 February 2014: 3,377

VERACIE LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 28 February 2015

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period
    2014
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 2 1.00 2
    Preference shares: 0
    Total share capital (£): 2
    Current period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 2 1.00 2
    Preference shares: 0
    Total share capital (£): 2