Abbreviated Company Accounts - WHAT'S IN A NAME LIMITED

Abbreviated Company Accounts - WHAT'S IN A NAME LIMITED

WHAT'S IN A NAME LIMITED - Company Information

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Registered Number 03638849

WHAT'S IN A NAME LIMITED

Abbreviated Accounts

31 March 2015

WHAT'S IN A NAME LIMITED Registered Number 03638849

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 136 182
136 182
Current assets
Stocks 82,500 68,500
Debtors 11,404 11,377
93,904 79,877
Creditors: amounts falling due within one year (80,212) (54,543)
Net current assets (liabilities) 13,692 25,334
Total assets less current liabilities 13,828 25,516
Total net assets (liabilities) 13,828 25,516
Capital and reserves
Called up share capital 2 2
Profit and loss account 13,826 25,514
Shareholders' funds 13,828 25,516
  • 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 24 December 2015

And signed on their behalf by:
Mrs R Weisz, Director

WHAT'S IN A NAME LIMITED Registered Number 03638849

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.

Turnover policy
Turnover represents net invoiced sales of goods, excluding VAT.

Tangible assets depreciation policy
Depreciation is provided after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life:

Fixtures and Fittings 25% reducing balance
Office Equipment 25% reducing balance

Other accounting policies
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

2Tangible fixed assets
£
Cost
At 1 April 2014 6,894
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2015 6,894
Depreciation
At 1 April 2014 6,712
Charge for the year 46
On disposals -
At 31 March 2015 6,758
Net book values
At 31 March 2015 136
At 31 March 2014 182