Abbreviated Company Accounts - SOAKS BATHROOMS LTD

SOAKS BATHROOMS LTD - Company Information

NI060763 SOAKS BATHROOMS LTD 2014-01-31 false 2013-02-01 2014-01-31 true NI060763 2013-02-01 2014-01-31 NI060763 2014-01-31 NI060763 2013-01-31 NI060763 uk-gaap-cd-bus:Director1 2013-02-01 2014-01-31 NI060763 uk-gaap-cd-bus:Director2 2013-02-01 2014-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-02-01 2014-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-31 iso4217:GBP shares

Registered Number NI060763

SOAKS BATHROOMS LTD

Abbreviated Accounts

31 January 2014

SOAKS BATHROOMS LTD Registered Number NI060763

Abbreviated Balance Sheet as at 31 January 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	41,732	31,572
		41,732	31,572
Current assets
Stocks		224,520	191,240
Debtors		14,038	22,987
Cash at bank and in hand		185,280	204,139
		423,838	418,366
Creditors: amounts falling due within one year		(234,739)	(293,105)
Net current assets (liabilities)		189,099	125,261
Total assets less current liabilities		230,831	156,833
Total net assets (liabilities)		230,831	156,833
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		230,830	156,832
Shareholders' funds		230,831	156,833

For the year ending 31 January 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 31 October 2014

And signed on their behalf by:
Wayne Lyons, Director

SOAKS BATHROOMS LTD Registered Number NI060763

Notes to the Abbreviated Accounts for the period ended 31 January 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 total invoice value, excluding value added tax, of sales made during the year

Tangible assets depreciation policy
Depreciation is provided at rates calculated to wrtie off the cost less residual value of each asset over its expected useful life, as follows:
Plant & Machinery - 20% Reducing Balance
Fixtures, Fittings & Equipment - 10% Reducing Balance
Motor Vehicles - 20% Reducing Balance

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

2Tangible fixed assets

	£
Cost
At 1 February 2013	52,289
Additions	18,207
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2014	70,496
Depreciation
At 1 February 2013	20,717
Charge for the year	8,047
On disposals	-
At 31 January 2014	28,764
Net book values
At 31 January 2014	41,732
At 31 January 2013	31,572

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

	2014 £	2013 £
1 Ordinary shares of £1 each	1	1