Abbreviated Company Accounts - CARD TRIX [GREETINGS] LIMITED

Abbreviated Company Accounts - CARD TRIX [GREETINGS] LIMITED

LEISURESPACE LIMITED - Company Information

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Registered Number 04427238

CARD TRIX [GREETINGS] LIMITED

Abbreviated Accounts

30 April 2016

CARD TRIX [GREETINGS] LIMITED Registered Number 04427238

Abbreviated Balance Sheet as at 30 April 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 2,265,778 1,925,485
2,265,778 1,925,485
Current assets
Stocks 4,385 1,345
Debtors 39,713 27,205
Cash at bank and in hand 482,464 287,781
526,562 316,331
Creditors: amounts falling due within one year (552,768) (265,603)
Net current assets (liabilities) (26,206) 50,728
Total assets less current liabilities 2,239,572 1,976,213
Creditors: amounts falling due after more than one year (999,598) (1,220,274)
Provisions for liabilities (139,686) (84,980)
Total net assets (liabilities) 1,100,288 670,959
Capital and reserves
Called up share capital 4 4
Profit and loss account 1,100,284 670,955
Shareholders' funds 1,100,288 670,959
  • For the year ending 30 April 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 17 August 2016

And signed on their behalf by:
MR.S.E.FREEMAN, Director

CARD TRIX [GREETINGS] LIMITED Registered Number 04427238

Notes to the Abbreviated Accounts for the period ended 30 April 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 April 2008.

Turnover policy
Turnover represents net invoiced sales of goods, excluding VAT.

Tangible assets depreciation policy
Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life:

Long leasehold buildings - 0% straight line
Improvements to property - 0% straight line
Fixtures and equipment - 15% reducing balance
Motor vehicles - 25% reducing balance
Office equipment - 20% reducing balance

2Tangible fixed assets
£
Cost
At 1 May 2015 2,420,043
Additions 468,501
Disposals -
Revaluations -
Transfers -
At 30 April 2016 2,888,544
Depreciation
At 1 May 2015 494,558
Charge for the year 128,208
On disposals -
At 30 April 2016 622,766
Net book values
At 30 April 2016 2,265,778
At 30 April 2015 1,925,485