Abbreviated Company Accounts - THE MAGIC TOY SHOP LTD

Abbreviated Company Accounts - THE MAGIC TOY SHOP LTD

THE MAGIC TOY SHOP LTD - Company Information

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Registered Number 06817660

THE MAGIC TOY SHOP LTD

Abbreviated Accounts

31 March 2015

THE MAGIC TOY SHOP LTD Registered Number 06817660

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 255,229 263,503
255,229 263,503
Current assets
Stocks 343,271 252,762
Debtors 51,749 45,850
Cash at bank and in hand 785,775 484,188
1,180,795 782,800
Creditors: amounts falling due within one year (241,830) (204,251)
Net current assets (liabilities) 938,965 578,549
Total assets less current liabilities 1,194,194 842,052
Total net assets (liabilities) 1,194,194 842,052
Capital and reserves
Called up share capital 100 100
Profit and loss account 1,194,094 841,952
Shareholders' funds 1,194,194 842,052
  • For the year ending 31 March 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 1 December 2015

And signed on their behalf by:
Atanas Ibrishimov, Director
Slavena Ibrishimova, Director

THE MAGIC TOY SHOP LTD Registered Number 06817660

Notes to the Abbreviated Accounts for the period ended 31 March 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.

2Tangible fixed assets
£
Cost
At 1 April 2014 263,503
Additions -
Disposals (8,274)
Revaluations -
Transfers -
At 31 March 2015 255,229
Depreciation
At 1 April 2014 -
Charge for the year -
On disposals -
At 31 March 2015 -
Net book values
At 31 March 2015 255,229
At 31 March 2014 263,503