Arioso Trading Ltd - Abbreviated accounts

Registered number

08017158

Arioso Trading Ltd

Formerly S & M Creams Limited

Abbreviated Accounts

31 March 2014

Arioso Trading Ltd
Registered number:		08017158
Abbreviated Balance Sheet
as at 31 March 2014

Notes			2014			2013
£				£
Current assets
Stocks		10,000			5,000
Debtors		136			136
Cash at bank and in hand		11,977			8,636
		22,113			13,772

Creditors: amounts falling due within one year		(31,650)			(28,425)

Net current liabilities			(9,537)			(14,653)

Net liabilities			(9,537)			(14,653)

Capital and reserves
Called up share capital	2		10			10
Profit and loss account			(9,547)			(14,663)

Shareholders' funds			(9,537)			(14,653)

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.
The 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.



Mr A M Sanderson
Director
Approved by the board on 25 September 2014

Arioso Trading Ltd
Notes to the Abbreviated Accounts
for the year ended 31 March 2014

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.

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

	Going Concern
	The financial statements have been prepared on the going concern basis. This is on the understanding that any losses will be borne by the company's shareholders.

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

	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		2014		2014		2013
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£0.01 each		1,000		10		10