Abbreviated Company Accounts - EXACT CHANGE LIMITED

Abbreviated Company Accounts - EXACT CHANGE LIMITED

EXACT CHANGE LIMITED - Company Information

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Registered Number 03411751

EXACT CHANGE LIMITED

Abbreviated Accounts

31 March 2015

EXACT CHANGE LIMITED Registered Number 03411751

Abbreviated Balance Sheet as at 31 March 2015

Notes 31/03/2015 31/07/2014
£ £
Fixed assets
Tangible assets 2 109 145
109 145
Current assets
Debtors 22,429 18,000
Cash at bank and in hand 51,319 19,271
73,748 37,271
Creditors: amounts falling due within one year (42,105) (28,339)
Net current assets (liabilities) 31,643 8,932
Total assets less current liabilities 31,752 9,077
Total net assets (liabilities) 31,752 9,077
Capital and reserves
Called up share capital 100 100
Profit and loss account 31,652 8,977
Shareholders' funds 31,752 9,077
  • 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 27 November 2015

And signed on their behalf by:
I Lugard, Director

EXACT CHANGE LIMITED Registered Number 03411751

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 August 2014 8,737
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2015 8,737
Depreciation
At 1 August 2014 8,592
Charge for the year 36
On disposals -
At 31 March 2015 8,628
Net book values
At 31 March 2015 109
At 31 July 2014 145

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 - 25% on reducing balance