Stitch by Stitch Limited - Abbreviated accounts

Registered number

07146263

Stitch by Stitch Limited

Abbreviated Accounts

31 March 2016

Stitch by Stitch Limited
Registered number:		07146263
Abbreviated Balance Sheet
as at 31 March 2016

Notes			2016			2015
£				£
Current assets
Stocks		3,706			2,575
Cash at bank and in hand		7,893			5,002
		11,599			7,577

Creditors: amounts falling due within one year		(13,588)			(13,297)

Net current liabilities			(1,989)			(5,720)

Net liabilities			(1,989)			(5,720)

Capital and reserves
Called up share capital	2		2			2
Profit and loss account			(1,991)			(5,722)

Shareholders' funds			(1,989)			(5,720)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



G D Hollick
Director
Approved by the board on 9 December 2016

Stitch by Stitch Limited
Notes to the Abbreviated Accounts
for the year ended 31 March 2016

1	Accounting policies

	Basis of preparation
	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
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Foreign currencies
	Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.


2	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		2		2		2