Abbreviated Company Accounts - THE POTTING SHED SPA LIMITED

THE POTTING SHED SPA LIMITED - Company Information

07604055 THE POTTING SHED SPA LIMITED 2016-07-31 false 2015-05-01 2016-07-31 true 07604055 2015-05-01 2016-07-31 07604055 2016-07-31 07604055 2015-04-30 07604055 uk-gaap-cd-bus:Director1 2015-05-01 2016-07-31 07604055 uk-gaap-cd-bus:Director2 2015-05-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 iso4217:GBP shares

Registered Number 07604055

THE POTTING SHED SPA LIMITED

Abbreviated Accounts

31 July 2016

THE POTTING SHED SPA LIMITED Registered Number 07604055

Abbreviated Balance Sheet as at 31 July 2016

	Notes	31/07/2016	30/04/2015
		£	£
Fixed assets
Tangible assets	2	30,671	36,903
		30,671	36,903
Current assets
Stocks		2,000	2,000
Debtors		16,966	6,370
Cash at bank and in hand		1	-
		18,967	8,370
Creditors: amounts falling due within one year		(49,246)	(44,839)
Net current assets (liabilities)		(30,279)	(36,469)
Total assets less current liabilities		392	434
Total net assets (liabilities)		392	434
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		391	433
Shareholders' funds		392	434

For the year ending 31 July 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 23 January 2017

And signed on their behalf by:
Michael Pearce, Director

THE POTTING SHED SPA LIMITED Registered Number 07604055

Notes to the Abbreviated Accounts for the period ended 31 July 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 January 2015).

Turnover policy
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.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 20% on reducing balance
Fixtures and fittings 10% on reducing balance
Computer equipment 20% on reducing balance

Valuation information and policy
Stocks
Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 May 2015	64,155
Additions	617
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	64,772
Depreciation
At 1 May 2015	27,252
Charge for the year	6,849
On disposals	-
At 31 July 2016	34,101
Net book values
At 31 July 2016	30,671
At 30 April 2015	36,903

3Called Up Share Capital
Allotted, called up and fully paid:

	31/07/2016 £	30/04/2015 £
2 Ordinary shares of £0.50 each	1	1