Accounts filed on 29-02-2016


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 29/02/2016

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 04851149


Registered Number: 04851149

BALANCE SHEET AT 29/02/2016

			2016		2015
	Notes		£		£

FIXED ASSETS
Intangible assets	2		18,627		27,940
Tangible assets	3		3,238		574

			21,865		28,514

CURRENT ASSETS
Stock		2,700		1,000
Debtors (amounts falling due within one year)		37,133		54,551
Cash at bank and in hand		43,046		8,426
		82,879		63,977
CREDITORS: Amounts falling due within one year		103,628		92,268
NET CURRENT LIABILITIES			(20,749)		(28,291)
TOTAL ASSETS LESS CURRENT LIABILITIES			1,116		223


PROVISIONS FOR LIABILITIES			592		45

NET ASSETS			524		178

CAPITAL AND RESERVES

Called up share capital	4		1		1
Profit and loss account			523		177
SHAREHOLDERS' FUNDS			524		178

For the year ending 29/02/2016 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 18/11/2016 and signed on their behalf by




Andrew Paul Ashford
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effectiveJanuary 2015).




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective January 2015).




1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		reducing balance 25%
Equipment		reducing balance 33%




1d. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.




1e. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




1f. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




1g. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.




4. SHARE CAPITAL	2016	2015
	£	£
Allotted, issued and fully paid:
1 Ordinary shares of £1 each	1	1
	1	1