Abbreviated Company Accounts - FOOT INC. LIMITED

Registered Number 04554618

FOOT INC. LIMITED

Abbreviated Accounts

31 March 2014

FOOT INC. LIMITED Registered Number 04554618

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	4,625	1,464
		4,625	1,464
Current assets
Debtors		8,848	14,092
Cash at bank and in hand		54	54
		8,902	14,146
Creditors: amounts falling due within one year		(4,440)	(10,110)
Net current assets (liabilities)		4,462	4,036
Total assets less current liabilities		9,087	5,500
Total net assets (liabilities)		9,087	5,500
Capital and reserves
Called up share capital		100	100
Profit and loss account		8,987	5,400
Shareholders' funds		9,087	5,500

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 31 August 2014

And signed on their behalf by:
Ernest Barlow-Kearsley, Director

FOOT INC. LIMITED Registered Number 04554618

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
Stsated net of VAT.

Tangible assets depreciation policy
Fixtures,Fittings & Equipment - 25% reducing balance.
Computer Equipment - 33.3% reducing balance.

2Tangible fixed assets

	£
Cost
At 1 April 2013	12,070
Additions	4,791
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	16,861
Depreciation
At 1 April 2013	10,606
Charge for the year	1,630
On disposals	-
At 31 March 2014	12,236
Net book values
At 31 March 2014	4,625
At 31 March 2013	1,464