Abbreviated Company Accounts - HEART OF SOHO LIMITED

HEART OF SOHO LIMITED - Company Information

03357257 HEART OF SOHO LIMITED 2014-04-30 false 2013-05-01 2014-04-30 true 03357257 2013-05-01 2014-04-30 03357257 2014-04-30 03357257 2013-04-30 03357257 uk-gaap-cd-bus:Director1 2013-05-01 2014-04-30 03357257 uk-gaap-cd-bus:Director2 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-30 iso4217:GBP shares

Registered Number 03357257

HEART OF SOHO LIMITED

Abbreviated Accounts

30 April 2014

HEART OF SOHO LIMITED Registered Number 03357257

Abbreviated Balance Sheet as at 30 April 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	19,556	15,650
		19,556	15,650
Current assets
Stocks		170,662	171,591
Debtors		102,233	131,029
Cash at bank and in hand		23,376	6,245
		296,271	308,865
Creditors: amounts falling due within one year		(294,858)	(294,931)
Net current assets (liabilities)		1,413	13,934
Total assets less current liabilities		20,969	29,584
Creditors: amounts falling due after more than one year		-	(3,413)
Total net assets (liabilities)		20,969	26,171
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		20,967	26,169
Shareholders' funds		20,969	26,171

For the year ending 30 April 2014 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 16 September 2014

And signed on their behalf by:
C M Graham-Bell, Director
S A Topham, Director

HEART OF SOHO LIMITED Registered Number 03357257

Notes to the Abbreviated Accounts for the period ended 30 April 2014

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 invoice value, excluding value added tax, of goods sold and services rendered during the year.

Tangible 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:

Long leasehold land and buildings Over the life of the lease
Computer equipment 33% straight line
Office furniture and fittings 33% straight line

Other accounting policies
Stock

Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 May 2013	123,275
Additions	16,885
Disposals	(18,976)
Revaluations	-
Transfers	-
At 30 April 2014	121,184
Depreciation
At 1 May 2013	107,625
Charge for the year	12,954
On disposals	(18,951)
At 30 April 2014	101,628
Net book values
At 30 April 2014	19,556
At 30 April 2013	15,650

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

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2