Zero Gravity Outdoors Limited - Limited company - abbreviated - 11.9
Zero Gravity Outdoors Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 March 2015 |
| for |
| Zero Gravity Outdoors Limited |
| Zero Gravity Outdoors Limited (Registered number: 07067366) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 March 2015 |
| Page |
| Company information | 1 |
| Abbreviated balance sheet | 2 |
| Notes to the abbreviated accounts | 4 |
| Zero Gravity Outdoors Limited |
| Company Information |
| for the Year Ended 31 March 2015 |
| Directors: |
| Secretary: |
| Registered office: |
| Registered number: |
| Accountants: |
| Zero Gravity Outdoors Limited (Registered number: 07067366) |
| Abbreviated Balance Sheet |
| 31 March 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Intangible assets | 2 |
| Tangible assets | 3 |
| Current assets |
| Stocks |
| Cash at bank |
| Creditors |
| Amounts falling due within one year |
| Net current liabilities | ( |
) | ( |
) |
| Total assets less current liabilities | ( |
) |
| Creditors |
| Amounts falling due after more than one year |
4 |
| Net liabilities | ( |
) | ( |
) |
| Capital and reserves |
| Called up share capital | 5 |
| Profit and loss account | ( |
) | ( |
) |
| Shareholders' funds | ( |
) | ( |
) |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| Zero Gravity Outdoors Limited (Registered number: 07067366) |
| Abbreviated Balance Sheet - continued |
| 31 March 2015 |
| The financial statements were approved by the Board of Directors on its behalf by: |
| Zero Gravity Outdoors Limited (Registered number: 07067366) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 March 2015 |
| 1. | Accounting policies |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance |
| with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Goodwill |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
| obsolete and slow moving items. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
| the balance sheet date. |
| Going concern |
| The Directors will continue to support the Company throughout the current year. |
| 2. | Intangible fixed assets |
| Total |
| £ |
| Cost |
| At 1 April 2014 |
| and 31 March 2015 |
| Amortisation |
| At 1 April 2014 |
| Amortisation for year |
| At 31 March 2015 |
| Net book value |
| At 31 March 2015 |
| At 31 March 2014 |
| Zero Gravity Outdoors Limited (Registered number: 07067366) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 March 2015 |
| 3. | Tangible fixed assets |
| Fixtures |
| and | Computer |
| fittings | equipment | Totals |
| £ | £ | £ |
| Cost |
| At 1 April 2014 |
| and 31 March 2015 |
| Depreciation |
| At 1 April 2014 |
| Charge for year |
| At 31 March 2015 |
| Net book value |
| At 31 March 2015 |
| At 31 March 2014 |
| 4. | Creditors |
| Creditors include the following debts falling due in more than five years: |
| 2015 | 2014 |
| £ | £ |
| Repayable by instalments | - | 52,314 |
| 5. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary | £1 |
| 6. | Directors' advances, credits and guarantees |
| The following advances and credits to directors subsisted during the years ended 31 March 2015 and |
| 31 March 2014: |
| 2015 | 2014 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Balance outstanding at end of year |