Abbreviated Company Accounts - INDIGO ANTIQUES LIMITED

Abbreviated Company Accounts - INDIGO ANTIQUES LIMITED

INDIGO ANTIQUES LIMITED - Company Information

Print Friendly Version

Registered Number 06165441

INDIGO ANTIQUES LIMITED

Abbreviated Accounts

30 April 2015

INDIGO ANTIQUES LIMITED Registered Number 06165441

Abbreviated Balance Sheet as at 30 April 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 114,000 123,500
Tangible assets 3 2,684 3,305
116,684 126,805
Current assets
Stocks 328,999 263,229
Debtors 24,136 14,284
Cash at bank and in hand 70,536 96,143
423,671 373,656
Creditors: amounts falling due within one year (65,169) (30,140)
Net current assets (liabilities) 358,502 343,516
Total assets less current liabilities 475,186 470,321
Creditors: amounts falling due after more than one year (440,524) (428,996)
Provisions for liabilities (273) -
Total net assets (liabilities) 34,389 41,325
Capital and reserves
Called up share capital 2 2
Profit and loss account 34,387 41,323
Shareholders' funds 34,389 41,325
  • For the year ending 30 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 29 January 2016

And signed on their behalf by:
R Lightbown, Director

INDIGO ANTIQUES LIMITED Registered Number 06165441

Notes to the Abbreviated Accounts for the period ended 30 April 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and comply with financial
reporting standards of the Accounting Standards Board.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Plant and machinery - 20% reducing balance
Fixtures, fittings
and equipment - 20% reducing balance

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of
20 years.

2Intangible fixed assets
£
Cost
At 1 May 2014 190,000
Additions -
Disposals -
Revaluations -
Transfers -
At 30 April 2015 190,000
Amortisation
At 1 May 2014 66,500
Charge for the year 9,500
On disposals -
At 30 April 2015 76,000
Net book values
At 30 April 2015 114,000
At 30 April 2014 123,500
3Tangible fixed assets
£
Cost
At 1 May 2014 11,888
Additions 50
Disposals -
Revaluations -
Transfers -
At 30 April 2015 11,938
Depreciation
At 1 May 2014 8,583
Charge for the year 671
On disposals -
At 30 April 2015 9,254
Net book values
At 30 April 2015 2,684
At 30 April 2014 3,305