Abbreviated Company Accounts - CABLET LIMITED

Registered Number 04547943

CABLET LIMITED

Abbreviated Accounts

31 July 2013

CABLET LIMITED Registered Number 04547943

Abbreviated Balance Sheet as at 31 July 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	246,978	274,305
		246,978	274,305
Current assets
Stocks		10,000	11,750
Debtors		2,416	2,416
Cash at bank and in hand		22,612	21,689
		35,028	35,855
Creditors: amounts falling due within one year		(456,287)	(434,739)
Net current assets (liabilities)		(421,259)	(398,884)
Total assets less current liabilities		(174,281)	(124,579)
Creditors: amounts falling due after more than one year		(116,375)	(152,473)
Total net assets (liabilities)		(290,656)	(277,052)
Capital and reserves
Called up share capital		2	2
Profit and loss account		(290,658)	(277,054)
Shareholders' funds		(290,656)	(277,052)

For the year ending 31 July 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 26 September 2014

And signed on their behalf by:
Ibrahim Mormonekse, Director

CABLET LIMITED Registered Number 04547943

Notes to the Abbreviated Accounts for the period ended 31 July 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 April 2008. The company had a deficit of current liabilities over its current assets. The director is committed to continue financial support to the company and has undertaken steps to ensure all the liabilities are met

Turnover policy
Turnover represents the income received from rental of black cab, excluding VAT

Tangible assets depreciation policy
Depreciation is provided on 20% reducing balance basis.

2Tangible fixed assets

	£
Cost
At 1 August 2012	567,026
Additions	34,417
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2013	601,443
Depreciation
At 1 August 2012	292,721
Charge for the year	61,744
On disposals	-
At 31 July 2013	354,465
Net book values
At 31 July 2013	246,978
At 31 July 2012	274,305