Abbreviated Company Accounts - CHEVEUX BY TOY AND SEV LIMITED

Abbreviated Company Accounts - CHEVEUX BY TOY AND SEV LIMITED

CHEVEUX BY TOY AND SEV LIMITED - Company Information

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Registered Number 07690096

CHEVEUX BY TOY AND SEV LIMITED

Abbreviated Accounts

31 December 2013

CHEVEUX BY TOY AND SEV LIMITED Registered Number 07690096

Abbreviated Balance Sheet as at 31 December 2013

Notes 31/12/2013 31/07/2012
£ £
Fixed assets
Tangible assets 2 18,320 24,427
18,320 24,427
Current assets
Stocks 7,500 15,000
Debtors 3,704 -
Cash at bank and in hand 5,691 4,076
16,895 19,076
Creditors: amounts falling due within one year (6,721) -
Net current assets (liabilities) 10,174 19,076
Total assets less current liabilities 28,494 43,503
Creditors: amounts falling due after more than one year (43,147) (67,439)
Total net assets (liabilities) (14,653) (23,936)
Capital and reserves
Called up share capital 100 100
Profit and loss account (14,753) (24,036)
Shareholders' funds (14,653) (23,936)
  • For the year ending 31 December 2013 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 17 September 2014

And signed on their behalf by:
SEVIM KARA, Director

CHEVEUX BY TOY AND SEV LIMITED Registered Number 07690096

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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 January 2015).

Turnover policy
Turnover represents the value, net of discounts, of goods provided to customers and work carried out in respect of services provided to customers.

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

Fixture, fittings and equipment 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 August 2012 32,569
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2013 32,569
Depreciation
At 1 August 2012 8,142
Charge for the year 6,107
On disposals -
At 31 December 2013 14,249
Net book values
At 31 December 2013 18,320
At 31 July 2012 24,427