Abbreviated Company Accounts - CALAMARI LIMITED

07511971 CALAMARI LIMITED 2014-02-28 false 2013-03-01 2014-02-28 true 07511971 2013-03-01 2014-02-28 07511971 2014-02-28 07511971 2013-02-28 07511971 uk-gaap-cd-bus:Director1 2013-03-01 2014-02-28 07511971 uk-gaap-cd-bus:Director2 2013-03-01 2014-02-28 uk-gaap-cd-bus:Director3 2013-03-01 2014-02-28 uk-gaap-cd-bus:Director3 2014-02-28 uk-gaap-cd-bus:Director3 2013-02-28 iso4217:GBP shares

Registered Number 07511971

CALAMARI LIMITED

Abbreviated Accounts

28 February 2014

CALAMARI LIMITED Registered Number 07511971

Abbreviated Balance Sheet as at 28 February 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	11,330	13,845
		11,330	13,845
Current assets
Debtors		2,724	533
Cash at bank and in hand		3,228	6,052
		5,952	6,585
Creditors: amounts falling due within one year		(8,293)	(8,754)
Net current assets (liabilities)		(2,341)	(2,169)
Total assets less current liabilities		8,989	11,676
Creditors: amounts falling due after more than one year		(8,986)	(11,675)
Total net assets (liabilities)		3	1
Capital and reserves
Called up share capital		1	1
Profit and loss account		2	0
Shareholders' funds		3	1

For the year ending 28 February 2014 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 17 October 2014

And signed on their behalf by:
David Palmieri, Director

CALAMARI LIMITED Registered Number 07511971

Notes to the Abbreviated Accounts for the period ended 28 February 2014

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 represents the gross invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities

Tangible assets depreciation policy
Plant and machinery is depreciated at 25% on a reducing balance basis
Fixtures, fittings and equipment is depreciated at 33.3% on a straight line basis

2Tangible fixed assets

	£
Cost
At 1 March 2013	19,380
Additions	2,040
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2014	21,420
Depreciation
At 1 March 2013	5,535
Charge for the year	4,555
On disposals	-
At 28 February 2014	10,090
Net book values
At 28 February 2014	11,330
At 28 February 2013	13,845

3Transactions with directors

Name of director receiving advance or credit:	David Palmieri
Description of the transaction:	Debt owed at balance sheet date
Balance at 1 March 2013:	-
Advances or credits made:	£ 2,000
Advances or credits repaid:	-
Balance at 28 February 2014:	£ 2,000

The debt was repaid in the following financial year