Abbreviated Company Accounts - BRIDAL RETAIL (CRAWLEY) LIMITED

Abbreviated Company Accounts - BRIDAL RETAIL (CRAWLEY) LIMITED

BRIDAL RETAIL (CRAWLEY) LIMITED - Company Information

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Registered Number 02798832

BRIDAL RETAIL (CRAWLEY) LIMITED

Abbreviated Accounts

31 March 2015

BRIDAL RETAIL (CRAWLEY) LIMITED Registered Number 02798832

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 34,040 34,856
34,040 34,856
Current assets
Stocks 75,000 41,670
Debtors 64,635 53,751
Cash at bank and in hand 25,768 16,964
165,403 112,385
Creditors: amounts falling due within one year (98,734) (60,122)
Net current assets (liabilities) 66,669 52,263
Total assets less current liabilities 100,709 87,119
Provisions for liabilities (192) -
Total net assets (liabilities) 100,517 87,119
Capital and reserves
Called up share capital 100 100
Profit and loss account 100,417 87,019
Shareholders' funds 100,517 87,119
  • 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 31 December 2015

And signed on their behalf by:
Vivien Watts, Director

BRIDAL RETAIL (CRAWLEY) LIMITED Registered Number 02798832

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 the value, net of value added tax and trade discounts, of goods provided to customers and work carried out in respect of services supplied to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates to write off assets over their estimated useful lives :
Fixtures and equipment 20% reducing balance
Computer equipment 33% straight line
Motor vehicles 20% reducing balance

2Tangible fixed assets
£
Cost
At 1 April 2014 49,294
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2015 49,294
Depreciation
At 1 April 2014 14,438
Charge for the year 816
On disposals -
At 31 March 2015 15,254
Net book values
At 31 March 2015 34,040
At 31 March 2014 34,856