Abbreviated Company Accounts - STONE CITY CLOTHING LIMITED

Abbreviated Company Accounts - STONE CITY CLOTHING LIMITED

STONE CITY CLOTHING LIMITED - Company Information

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Registered Number 08366524

STONE CITY CLOTHING LIMITED

Abbreviated Accounts

31 March 2014

STONE CITY CLOTHING LIMITED Registered Number 08366524

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014
£
Fixed assets
Tangible assets 2 3,971
3,971
Current assets
Stocks 19,575
Cash at bank and in hand 15,583
35,158
Creditors: amounts falling due within one year (36,502)
Net current assets (liabilities) (1,344)
Total assets less current liabilities 2,627
Total net assets (liabilities) 2,627
Capital and reserves
Called up share capital 100
Profit and loss account 2,527
Shareholders' funds 2,627
  • For the year ending 31 March 2014 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 24 September 2014

And signed on their behalf by:
Ranbeer Malhi, Director

STONE CITY CLOTHING LIMITED Registered Number 08366524

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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 amounts receivable for goods and services net of VAT and trade discounts.

2Tangible fixed assets
£
Cost
Additions 5,294
Disposals -
Revaluations -
Transfers -
At 31 March 2014 5,294
Depreciation
Charge for the year 1,323
On disposals -
At 31 March 2014 1,323
Net book values
At 31 March 2014 3,971