Abbreviated Company Accounts - SUZI WONG CREATIONS LIMITED

SUZI WONG CREATIONS LIMITED - Company Information

08036820 SUZI WONG CREATIONS LIMITED 2015-06-30 false 2014-07-01 2015-06-30 true 08036820 2014-07-01 2015-06-30 08036820 2015-06-30 08036820 2014-06-30 08036820 uk-gaap-cd-bus:Director1 2014-07-01 2015-06-30 08036820 uk-gaap-cd-bus:Director2 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 iso4217:GBP shares

Registered Number 08036820

SUZI WONG CREATIONS LIMITED

Abbreviated Accounts

30 June 2015

SUZI WONG CREATIONS LIMITED Registered Number 08036820

Abbreviated Balance Sheet as at 30 June 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	30,600	32,400
Tangible assets	3	26,600	14,835
		57,200	47,235
Current assets
Stocks		9,462	7,021
Debtors		23,143	25,919
Cash at bank and in hand		13,895	8,464
		46,500	41,404
Creditors: amounts falling due within one year		(75,808)	(63,936)
Net current assets (liabilities)		(29,308)	(22,532)
Total assets less current liabilities		27,892	24,703
Total net assets (liabilities)		27,892	24,703
Capital and reserves
Called up share capital	4	1,000	1,000
Profit and loss account		26,892	23,703
Shareholders' funds		27,892	24,703

For the year ending 30 June 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 10 December 2015

And signed on their behalf by:
Mr J Anglesea, Director

SUZI WONG CREATIONS LIMITED Registered Number 08036820

Notes to the Abbreviated Accounts for the period ended 30 June 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
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to
write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment 15% Reducing Balance
Motor vehicles 25% Reducing balance

Other accounting policies
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting
Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied
consistently (except as otherwise stated).

2Intangible fixed assets

	£
Cost
At 1 July 2014	36,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2015	36,000
Amortisation
At 1 July 2014	3,600
Charge for the year	1,800
On disposals	-
At 30 June 2015	5,400
Net book values
At 30 June 2015	30,600
At 30 June 2014	32,400

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

3Tangible fixed assets

	£
Cost
At 1 July 2014	18,874
Additions	16,459
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2015	35,333
Depreciation
At 1 July 2014	4,039
Charge for the year	4,694
On disposals	-
At 30 June 2015	8,733
Net book values
At 30 June 2015	26,600
At 30 June 2014	14,835

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1,000 Ordinary shares of £1 each	1,000	1,000