THE VAULT 1894 LTD

THE VAULT 1894 LTD

THE VAULT 1894 LTD - Company Information

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Company Registration No. 07919441 (England and Wales)
THE VAULT 1894 LTD Abbreviated unaudited accounts for the year ended 31 January 2016
THE VAULT 1894 LTD Abbreviated Balance Sheet as at 31 January 2016
2016 
2015 
Notes
£ 
£ 
Fixed assets
Tangible assets
2
1,740 
2,122 
Current assets
Stocks
43,758 
30,185 
Debtors
35,494 
30,000 
Cash at bank and in hand
92 
886 
79,344 
61,071 
Creditors: amounts falling due within one year
(16,690)
(19,483)
Net current assets
62,654 
41,588 
Total assets less current liabilities
64,394 
43,710 
Creditors: amounts falling due after more than one year
(114,949)
(94,977)
Net liabilities
(50,555)
(51,267)
Capital and reserves
Called up share capital
3
1,000 
1,000 
Profit and loss account
(51,555)
(52,267)
Total shareholders' funds
(50,555)
(51,267)
For the year ending 31 January 2016 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 28 October 2016
Rimma Hall Director Company Registration No. 07919441
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THE VAULT 1894 LTD Notes to the Abbreviated Accounts for the year ended 31 January 2016
1
Accounting policies
Basis of preparation
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
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
18%
2
Tangible fixed assets
Plant & machinery 
£ 
Cost
At 1 February 2015
6,034 
At 31 January 2016
6,034 
Depreciation
At 1 February 2015
3,912 
Charge for the year
382 
At 31 January 2016
4,294 
Net book value
At 31 January 2016
1,740 
At 31 January 2015
2,122 
18% on cost
3
Share capital
2016 
2015 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
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