7443 VR Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: SC281817 (Scotland)

Abbreviated Accounts for the Year Ended 31 March 2014

for

7443 VR Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A J Whyte

Mrs S M Whyte

SECRETARY:

Mrs S M Whyte

REGISTERED OFFICE:

45 Argyll Place

Aberdeen

AB25 2HU

REGISTERED NUMBER:

SC281817 (Scotland)

ACCOUNTANTS:

A J Croll & Company

19 Bon Accord Crescent

Aberdeen

Aberdeenshire

AB11 6DE

FIXED ASSETS

Tangible assets

2

1,810

2,353

CURRENT ASSETS

Debtors

13,485

6,090

Cash at bank

75,873

54,988

89,358

61,078

CREDITORS

Amounts falling due within one year

33,296

24,568

NET CURRENT ASSETS

56,062

36,510

TOTAL ASSETS LESS CURRENT LIABILITIES

57,872

38,863

PROVISIONS FOR LIABILITIES

255

339

NET ASSETS

57,617

38,524

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

57,615

38,522

SHAREHOLDERS' FUNDS

57,617

38,524

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 8 September 2014 and were signed on its behalf by:

A J Whyte - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

13,886

Additions

1,319

At 31 March 2014

15,205

DEPRECIATION

At 1 April 2013

11,533

Charge for year

1,862

At 31 March 2014

13,395

NET BOOK VALUE

At 31 March 2014

1,810

At 31 March 2013

2,353

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

2

Ordinary

£1

2

2