Abbreviated Company Accounts - APPLECART LIMITED

01045691 APPLECART LIMITED 2015-04-05 false 2014-04-06 2015-04-05 true 01045691 2014-04-06 2015-04-05 01045691 2015-04-05 01045691 2014-04-05 01045691 uk-gaap-cd-bus:Director1 2014-04-06 2015-04-05 01045691 uk-gaap-cd-bus:Director2 2014-04-06 2015-04-05 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-06 2015-04-05 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-05 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-05 iso4217:GBP shares

Registered Number 01045691

APPLECART LIMITED

Abbreviated Accounts

5 April 2015

APPLECART LIMITED Registered Number 01045691

Abbreviated Balance Sheet as at 5 April 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	480,602	154,854
		480,602	154,854
Current assets
Debtors		25,069	95,515
Cash at bank and in hand		1,077	54,188
		26,146	149,703
Prepayments and accrued income		-	60
Creditors: amounts falling due within one year		(252,531)	(17,901)
Net current assets (liabilities)		(226,385)	131,862
Total assets less current liabilities		254,217	286,716
Accruals and deferred income		(4,204)	(8,300)
Total net assets (liabilities)		250,013	278,416
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		250,011	278,414
Shareholders' funds		250,013	278,416

For the year ending 5 April 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 5 January 2016

And signed on their behalf by:
P E Newton, Director

APPLECART LIMITED Registered Number 01045691

Notes to the Abbreviated Accounts for the period ended 5 April 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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant & Machinery - 25% reducing balance
Fixtures & Fittings - 20% reducing balance

Other accounting policies
Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2Tangible fixed assets

	£
Cost
At 6 April 2014	166,325
Additions	325,888
Disposals	-
Revaluations	-
Transfers	-
At 5 April 2015	492,213
Depreciation
At 6 April 2014	11,471
Charge for the year	140
On disposals	-
At 5 April 2015	11,611
Net book values
At 5 April 2015	480,602
At 5 April 2014	154,854

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

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2