Abbreviated Company Accounts - SLEEKFORM LIMITED

02947357 SLEEKFORM LIMITED 2013-08-31 false 2012-09-01 2013-08-31 true 02947357 2012-09-01 2013-08-31 02947357 2013-08-31 02947357 2012-08-31 02947357 uk-gaap-cd-bus:Director1 2012-09-01 2013-08-31 02947357 uk-gaap-cd-bus:Director2 2012-09-01 2013-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-09-01 2013-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-08-31 iso4217:GBP shares

Registered Number 02947357

SLEEKFORM LIMITED

Abbreviated Accounts

31 August 2013

SLEEKFORM LIMITED Registered Number 02947357

Abbreviated Balance Sheet as at 31 August 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	-	360,000
		-	360,000
Current assets
Debtors		232,693	20,156
Cash at bank and in hand		71,339	1,035
		304,032	21,191
Creditors: amounts falling due within one year		(570)	(28,885)
Net current assets (liabilities)		303,462	(7,694)
Total assets less current liabilities		303,462	352,306
Total net assets (liabilities)		303,462	352,306
Capital and reserves
Called up share capital	3	365,125	365,125
Revaluation reserve		206,125	206,125
Profit and loss account		(267,788)	(218,944)
Shareholders' funds		303,462	352,306

For the year ending 31 August 2013 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 29 May 2014

And signed on their behalf by:
W D CURRIE, Director

SLEEKFORM LIMITED Registered Number 02947357

Notes to the Abbreviated Accounts for the period ended 31 August 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of certain fixed assets, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover policy
Turnover is the amount derived from ordinary activities, and stated after trade discounts, other sales taxes and net of VAT.

Tangible assets depreciation policy
Fixed assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Helicopter - 5% per annum

2Tangible fixed assets

	£
Cost
At 1 September 2012	400,000
Additions	-
Disposals	(400,000)
Revaluations	-
Transfers	-
At 31 August 2013	0
Depreciation
At 1 September 2012	40,000
Charge for the year	-
On disposals	(40,000)
At 31 August 2013	0
Net book values
At 31 August 2013	0
At 31 August 2012	360,000

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

	2013 £	2012 £
365,125 Ordinary shares of £1 each	365,125	365,125