All About Spines Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07101904 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

ALL ABOUT SPINES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

C Natali

REGISTERED OFFICE:

30 Devonshire Street

London

England

W1G 6PH

REGISTERED NUMBER:

07101904 (England and Wales)

ACCOUNTANTS:

Arithma LLP

Chartered Certified Accountants

9 Mansfield Street

London

W1G 9NY

FIXED ASSETS

Intangible assets

2

1,392

2,088

Tangible assets

3

532

799

1,924

2,887

CURRENT ASSETS

Debtors

2,795

3,124

Cash at bank and in hand

16,817

5,286

19,612

8,410

CREDITORS

Amounts falling due within one year

53,799

32,299

NET CURRENT LIABILITIES

(34,187

)

(23,889

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(32,263

)

(21,002

)

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

(32,265

)

(21,004

)

SHAREHOLDERS' FUNDS

(32,263

)

(21,002

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as
at the end of each financial year and of its profit or loss for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 16 December 2016 and were signed by:

C Natali - Director

1.	ACCOUNTING POLICIES

ACCOUNTING CONVENTION

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective January 2015).

TURNOVER

Turnover represents net invoiced sales of services, excluding value added tax.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on reducing balance

GOING CONCERN

The financial statements have been prepared on a going concern basis on the assumption that the

company will continue to trade in the foreseeable future. The basis may not be appropriate because

as at 31 March 2016 the company's liabilities exceeded its assets by £32,263. The directors are of the

opinion that with the continued support of the company's shareholder and third party lenders, the

company will be able to meet its liabilities as they fall due for payment.

INTANGIBLE ASSETS

Amortisation is calculated so as to write off the cost of an asset over the useful life of that asset as

follows:

Website development cost - 5 years.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

3,480

AMORTISATION

At 1 April 2015

1,392

Amortisation for year

696

At 31 March 2016

2,088

NET BOOK VALUE

At 31 March 2016

1,392

At 31 March 2015

2,088

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

2,056

DEPRECIATION

At 1 April 2015

1,257

Charge for year

267

At 31 March 2016

1,524

NET BOOK VALUE

At 31 March 2016

532

At 31 March 2015

799

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary shares

1

2