Abbreviated Company Accounts - EAST WEST ARTS LIMITED

Abbreviated Company Accounts - EAST WEST ARTS LIMITED

EAST WEST ARTS LIMITED - Company Information

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Registered Number 02390557

EAST WEST ARTS LIMITED

Abbreviated Accounts

31 August 2015

EAST WEST ARTS LIMITED Registered Number 02390557

Abbreviated Balance Sheet as at 31 August 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 478 449
478 449
Current assets
Debtors 1,128 2,628
Cash at bank and in hand 562 2,054
1,690 4,682
Creditors: amounts falling due within one year (2,229) (4,854)
Net current assets (liabilities) (539) (172)
Total assets less current liabilities (61) 277
Total net assets (liabilities) (61) 277
Capital and reserves
Called up share capital 100 100
Profit and loss account (161) 177
Shareholders' funds (61) 277
  • For the year ending 31 August 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 26 May 2016

And signed on their behalf by:
A K Biswas, Director

EAST WEST ARTS LIMITED Registered Number 02390557

Notes to the Abbreviated Accounts for the period ended 31 August 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 net invoiced sales of goods and services excluding value added tax

Tangible assets depreciation policy
Equipment fixtures and fittings 25% on written down value
Instruments 25% on written down value
Computer equipment 25% on cost

2Tangible fixed assets
£
Cost
At 1 September 2014 8,597
Additions 479
Disposals -
Revaluations -
Transfers -
At 31 August 2015 9,076
Depreciation
At 1 September 2014 8,148
Charge for the year 450
On disposals -
At 31 August 2015 8,598
Net book values
At 31 August 2015 478
At 31 August 2014 449