Abbreviated Company Accounts - KALLY'S AND JENNY'S CAKES LIMITED

Abbreviated Company Accounts - KALLY'S AND JENNY'S CAKES LIMITED

KALLY'S AND JENNY'S CAKES LIMITED - Company Information

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Registered Number 06035064

KALLY'S AND JENNY'S CAKES LIMITED

Abbreviated Accounts

31 December 2013

KALLY'S AND JENNY'S CAKES LIMITED Registered Number 06035064

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 8,363 6,328
8,363 6,328
Current assets
Stocks - 7,286
Debtors 510 917
Cash at bank and in hand 7,240 9,118
7,750 17,321
Creditors: amounts falling due within one year (5,240) (6,942)
Net current assets (liabilities) 2,510 10,379
Total assets less current liabilities 10,873 16,707
Total net assets (liabilities) 10,873 16,707
Capital and reserves
Called up share capital 2 2
Profit and loss account 10,871 16,705
Shareholders' funds 10,873 16,707
  • For the year ending 31 December 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 30 September 2014

And signed on their behalf by:
Mrs S Kaur, Director
Mr K Ram, Director

KALLY'S AND JENNY'S CAKES LIMITED Registered Number 06035064

Notes to the Abbreviated Accounts for the period ended 31 December 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.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of value added tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Fixtures & fittings- 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 January 2013 11,250
Additions 4,822
Disposals -
Revaluations -
Transfers -
At 31 December 2013 16,072
Depreciation
At 1 January 2013 4,922
Charge for the year 2,787
On disposals -
At 31 December 2013 7,709
Net book values
At 31 December 2013 8,363
At 31 December 2012 6,328