Abbreviated Company Accounts - SKINNY DOG LIMITED

Abbreviated Company Accounts - SKINNY DOG LIMITED

SKINNY DOG LIMITED - Company Information

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Registered Number 03525472

SKINNY DOG LIMITED

Abbreviated Accounts

31 March 2014

SKINNY DOG LIMITED Registered Number 03525472

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Current assets
Stocks 206 325
Debtors 1,860 2,350
Cash at bank and in hand 2,549 1,850
4,615 4,525
Creditors: amounts falling due within one year (49,786) (50,646)
Net current assets (liabilities) (45,171) (46,121)
Total assets less current liabilities (45,171) (46,121)
Total net assets (liabilities) (45,171) (46,121)
Capital and reserves
Called up share capital 200 200
Profit and loss account (45,371) (46,321)
Shareholders' funds (45,171) (46,121)
  • For the year ending 31 March 2014 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 3 September 2014

And signed on their behalf by:
D W Sefton, Director

SKINNY DOG LIMITED Registered Number 03525472

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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 value added tax.

Other accounting policies
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Going Concern
At 31st March 2014 the company had net liabilities and is only able to continue operating with the support of loans introduced by the directors and third parties. The accounts have been drawn up on a going concern basis which assumes that this support will continue.