Abbreviated Company Accounts - PORTSLADE CARDS & GIFTS LIMITED

Abbreviated Company Accounts - PORTSLADE CARDS & GIFTS LIMITED

PORTSLADE CARDS & GIFTS LIMITED - Company Information

Print Friendly Version

Registered Number 07069623

PORTSLADE CARDS & GIFTS LIMITED

Abbreviated Accounts

31 March 2015

PORTSLADE CARDS & GIFTS LIMITED Registered Number 07069623

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 22,818 27,255
22,818 27,255
Current assets
Stocks 19,740 19,300
Debtors 652 3,283
Cash at bank and in hand 7,813 10,325
28,205 32,908
Creditors: amounts falling due within one year (15,789) (17,659)
Net current assets (liabilities) 12,416 15,249
Total assets less current liabilities 35,234 42,504
Creditors: amounts falling due after more than one year (13,595) (34,677)
Total net assets (liabilities) 21,639 7,827
Capital and reserves
Called up share capital 100 100
Profit and loss account 21,539 7,727
Shareholders' funds 21,639 7,827
  • 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 15 June 2015

And signed on their behalf by:
MRS.S.SELVASENTHIL, Director

PORTSLADE CARDS & GIFTS LIMITED Registered Number 07069623

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 64,561
Additions 1,267
Disposals -
Revaluations -
Transfers -
At 31 March 2015 65,828
Depreciation
At 1 April 2014 37,306
Charge for the year 5,704
On disposals -
At 31 March 2015 43,010
Net book values
At 31 March 2015 22,818
At 31 March 2014 27,255