Abbreviated Company Accounts - SHIFT IMAGES LIMITED

07901344 SHIFT IMAGES LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true 07901344 2013-01-01 2013-12-31 07901344 2013-12-31 07901344 2012-12-31 07901344 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 07901344 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 07901344

SHIFT IMAGES LIMITED

Abbreviated Accounts

31 December 2013

SHIFT IMAGES LIMITED Registered Number 07901344

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	3,123	5,436
		3,123	5,436
Current assets
Debtors		71,295	67,132
Cash at bank and in hand		28,372	50,913
		99,667	118,045
Net current assets (liabilities)		99,667	118,045
Total assets less current liabilities		102,790	123,481
Creditors: amounts falling due after more than one year		(18,525)	(77,917)
Total net assets (liabilities)		84,265	45,564
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		84,165	45,464
Shareholders' funds		84,265	45,564

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 1 July 2014

And signed on their behalf by:
Simon Wear, Director

SHIFT IMAGES LIMITED Registered Number 07901344

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
Turnover comprises the amounts billed to clients, excluding Value Added Tax and net of trade discounts, for services provided in the normal course of business. Fees and other charges are recognised as income when the services are delivered and they are billed in accordance with the agreements with the client.

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:
Production Equipment - 3 years straight line
Computer Hardware and Software - 3 years straight line

2Tangible fixed assets

	£
Cost
At 1 January 2013	7,283
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	7,283
Depreciation
At 1 January 2013	1,847
Charge for the year	2,313
On disposals	-
At 31 December 2013	4,160
Net book values
At 31 December 2013	3,123
At 31 December 2012	5,436

3Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
100 Ordinary shares of £1 each	100	100