Abbreviated Company Accounts - SHALLOWFORD U.K. LIMITED

Abbreviated Company Accounts - SHALLOWFORD U.K. LIMITED

SHALLOWFORD U.K. LIMITED - Company Information

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Registered Number 04947759

SHALLOWFORD U.K. LIMITED

Abbreviated Accounts

31 March 2016

SHALLOWFORD U.K. LIMITED Registered Number 04947759

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 7,000 7,000
Tangible assets 3 4,704 5,880
11,704 12,880
Current assets
Cash at bank and in hand 101 46
101 46
Creditors: amounts falling due within one year (802) (2,472)
Net current assets (liabilities) (701) (2,426)
Total assets less current liabilities 11,003 10,454
Creditors: amounts falling due after more than one year (116,515) (99,416)
Total net assets (liabilities) (105,512) (88,962)
Capital and reserves
Called up share capital 100 100
Profit and loss account (105,612) (89,062)
Shareholders' funds (105,512) (88,962)
  • For the year ending 31 March 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 15 December 2016

And signed on their behalf by:
D Goodge, Director

SHALLOWFORD U.K. LIMITED Registered Number 04947759

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 is invoiced sales less returns exclusive of value added tax

Tangible assets depreciation policy
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost of each asset over its expected useful life, as follows:
Computer & Accessories - 20% reducing balance
Office Fixtures & Fittings - 20% reducing balance

2Intangible fixed assets
£
Cost
At 1 April 2015 7,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 7,000
Amortisation
At 1 April 2015 -
Charge for the year -
On disposals -
At 31 March 2016 -
Net book values
At 31 March 2016 7,000
At 31 March 2015 7,000
3Tangible fixed assets
£
Cost
At 1 April 2015 36,477
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 36,477
Depreciation
At 1 April 2015 30,597
Charge for the year 1,176
On disposals -
At 31 March 2016 31,773
Net book values
At 31 March 2016 4,704
At 31 March 2015 5,880