SHAZLAR_LIMITED - Accounts
SHAZLAR_LIMITED - Accounts
Company Registration No. 07171746 (England and Wales)
ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 31 MARCH 2016
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
Current assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
(18,563 )
(8,897 )
Net current assets
Total assets less current liabilities
Capital and reserves
Called up share capital
3
Profit and loss account
Shareholders' funds
Directors' responsibilities:
-
-
Approved by the Board for issue on 14 December 2016
Director
Company Registration No. 07171746
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 31 MARCH 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
1.2
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).
1.3
Turnover
1.4
Tangible fixed assets and depreciation
Computer equipment
1.5
Foreign currency translation
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.
2
Fixed assets
Tangible assets
£
Cost
At 1 March 2015
10,334
Additions
3,935
At 31 March 2016
14,269
Depreciation
At 1 March 2015
5,920
Charge for the period
2,087
At 31 March 2016
8,007
Net book value
At 31 March 2016
6,262
At 28 February 2015
4,414
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2016
- 3 -
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
4
Transactions with directors
The following directors had interest free loans during the Period. The movement on these loans are as follows:
Amount outstanding
Maximum
2016
2015
in period
£
£
£
Mr L G Smith current account
2,703
1,163
5,925
Included within other debtors is a balance detailed above by the director, Mr L G Smith. This balance will be repaid within nine months of the balance sheet date.