Abbreviated Company Accounts - SUZI WONG CREATIONS LIMITED

SUZI WONG CREATIONS LIMITED - Company Information

08036820 SUZI WONG CREATIONS LIMITED 2016-06-30 false 2015-07-01 2016-06-30 true 08036820 2015-07-01 2016-06-30 08036820 2016-06-30 08036820 2015-06-30 08036820 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 08036820 uk-gaap-cd-bus:Director2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 iso4217:GBP shares

Registered Number 08036820

SUZI WONG CREATIONS LIMITED

Abbreviated Accounts

30 June 2016

SUZI WONG CREATIONS LIMITED Registered Number 08036820

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	28,800	30,600
Tangible assets	3	30,207	26,600
		59,007	57,200
Current assets
Stocks		8,463	9,462
Debtors		47,484	23,143
Cash at bank and in hand		56,930	13,895
		112,877	46,500
Creditors: amounts falling due within one year		(141,927)	(75,808)
Net current assets (liabilities)		(29,050)	(29,308)
Total assets less current liabilities		29,957	27,892
Total net assets (liabilities)		29,957	27,892
Capital and reserves
Called up share capital	4	1,000	1,000
Profit and loss account		28,957	26,892
Shareholders' funds		29,957	27,892

For the year ending 30 June 2016 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 17 November 2016

And signed on their behalf by:
Mr J Anglesea, Director

SUZI WONG CREATIONS LIMITED Registered Number 08036820

Notes to the Abbreviated Accounts for the period ended 30 June 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

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

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment 15% Reducing Balance

Other accounting policies
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting
Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied
consistently (except as otherwise stated).

Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

Stock
Stock is valued at the lower of cost and net realisable value.

2Intangible fixed assets

	£
Cost
At 1 July 2015	36,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	36,000
Amortisation
At 1 July 2015	5,400
Charge for the year	1,800
On disposals	-
At 30 June 2016	7,200
Net book values
At 30 June 2016	28,800
At 30 June 2015	30,600

3Tangible fixed assets

	£
Cost
At 1 July 2015	35,333
Additions	7,905
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	43,238
Depreciation
At 1 July 2015	8,733
Charge for the year	4,298
On disposals	-
At 30 June 2016	13,031
Net book values
At 30 June 2016	30,207
At 30 June 2015	26,600

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1,000 Ordinary shares of £1 each	1,000	1,000