Accounts filed on 31-05-2015


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 31 May 2015

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 03772931


Registered Number: 03772931

BALANCE SHEET AT 31 MAY 2015

			2015		2014
	Notes		£		£

FIXED ASSETS
Tangible assets	2		1,705		1,356

CURRENT ASSETS
Debtors (amounts falling due within one year)	3	800		1,378
Cash at bank and in hand		1,120		97
		1,920		1,475
CREDITORS: Amounts falling due within one year		3,181		1,696
NET CURRENT LIABILITIES			(1,261)		(221)
TOTAL ASSETS LESS CURRENT LIABILITIES			444		1,135



NET ASSETS			444		1,135

CAPITAL AND RESERVES

Called up share capital	4		100		100
Profit and loss account			344		1,035
SHAREHOLDERS' FUNDS			444		1,135

For the year ending 31 May 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 25 February 2016 and signed on their behalf by




J Knox Esq
Director

1. ACCOUNTING POLICIES



1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).



1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).



1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Equipment		reducing balance 25%



1d. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.



1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.



3. DEBTORS	2015	2014
	£	£

Amounts falling due within one year:
Trade debtors	-	1,378
VAT	102	-
Other debtors	698	-
	800	1,378



4. SHARE CAPITAL	2015	2014
	£	£
Allotted, issued and fully paid:
100 Ordinary Shares of £1 each	100	100
	100	100



5. RELATED PARTY TRANSACTIONS
The director is owed £2,532 (previous year, £714). This is provided interest free with no fixed date of repayment.



6. CONTROLLING PARTY
The company is controlled by the director.