Angela Mee Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04795638 (England and Wales)

Angela Mee Limited

Abbreviated Unaudited Accounts

for the Year Ended 30 November 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs Angela Mee

A Mee

SECRETARY:

Mrs Angela Mee

REGISTERED OFFICE:

Lymore Villa

162a London Road

Chesterton

Stoke-on-Trent

Staffordshire

ST5 7JB

REGISTERED NUMBER:

04795638 (England and Wales)

ACCOUNTANTS:

Slaters & Co Accountants

Lymore Villa

162a London Road

Chesterton

Newcastle

Staffordshire

ST5 7JB

FIXED ASSETS

Intangible assets

2

11,918

13,098

Tangible assets

3

16,187

17,450

28,105

30,548

CURRENT ASSETS

Stocks

9,197

9,482

Debtors

1,043

715

Cash in hand

50

10,290

10,247

CREDITORS

Amounts falling due within one year

42,955

45,560

NET CURRENT LIABILITIES

(32,665

)

(35,313

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(4,560

)

(4,765

)

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

(4,562

)

(4,767

)

SHAREHOLDERS' FUNDS

(4,560

)

(4,765

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2015 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 26 April 2016 and were signed on its
behalf by:

A Mee - 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 January 2015).

Turnover

Turnover represents net invoice value of services provided, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

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

Equipment

-

10% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2014

and 30 November 2015

23,600

AMORTISATION

At 1 December 2014

10,502

Amortisation for year

1,180

At 30 November 2015

11,682

NET BOOK VALUE

At 30 November 2015

11,918

At 30 November 2014

13,098

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2014

47,053

Additions

714

At 30 November 2015

47,767

DEPRECIATION

At 1 December 2014

29,603

Charge for year

1,977

At 30 November 2015

31,580

NET BOOK VALUE

At 30 November 2015

16,187

At 30 November 2014

17,450

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

1

Ordinary A Shares

1

Ordinary B Shares

1

2