Just 4 Paws Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06130185 (England and Wales)

Just 4 Paws Ltd

Abbreviated Unaudited Accounts for the Year Ended 28 February 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTOR:

Miss C Y Bryant

REGISTERED OFFICE:

16/18 Devonshire Street

Keighley

BD21 2DG

REGISTERED NUMBER:

06130185 (England and Wales)

ACCOUNTANTS:

Eddisons

Chartered Accountants

16/18 Devonshire Street

Keighley

BD21 2DG

FIXED ASSETS

Intangible assets

2

29,711

34,662

Tangible assets

3

2,073

2,359

31,784

37,021

CURRENT ASSETS

Stocks

12,795

15,667

Cash at bank and in hand

2,591

1,428

15,386

17,095

CREDITORS

Amounts falling due within one year

11,957

19,352

NET CURRENT ASSETS/(LIABILITIES)

3,429

(2,257

)

TOTAL ASSETS LESS CURRENT LIABILITIES

35,213

34,764

CREDITORS

Amounts falling due after more than one year

4

81,767

68,631

NET LIABILITIES

(46,554

)

(33,867

)

CAPITAL AND RESERVES

Called up share capital

5

1

1

Profit and loss account

(46,555

)

(33,868

)

SHAREHOLDERS' FUNDS

(46,554

)

(33,867

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 27 November 2014 and were signed by:

Miss C Y Bryant - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2013

and 28 February 2014

49,518

AMORTISATION

At 1 March 2013

14,856

Amortisation for year

4,951

At 28 February 2014

19,807

NET BOOK VALUE

At 28 February 2014

29,711

At 28 February 2013

34,662

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2013

7,697

Additions

405

At 28 February 2014

8,102

DEPRECIATION

At 1 March 2013

5,338

Charge for year

691

At 28 February 2014

6,029

NET BOOK VALUE

At 28 February 2014

2,073

At 28 February 2013

2,359

4.

CREDITORS

Creditors include the following debts falling due in more than five years:

28.2.14

28.2.13

£

£

Repayable by instalments

4,346

8,981

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.14

28.2.13

value:

£

£

1

Ordinary

1

1

1

6.	GOING CONCERN

These accounts are prepared on the going concern basis because the director who is owed £58,880 by the

company has agreed not to withdraw these funds until the company has distributable profits.

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Just 4 Paws Ltd for the year ended 28 February 2014 which comprise the Profit and Loss

Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject

to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Just 4 Paws Ltd in accordance with our terms of engagement. Our work has

been undertaken solely to prepare for your approval the financial statements of Just 4 Paws Ltd and state those matters

that we have agreed to state to the director of Just 4 Paws Ltd in this report in accordance with AAF 2/10 as detailed at

icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone

other than the company and its director for our work or for this report.

It is your duty to ensure that Just 4 Paws Ltd has kept adequate accounting records and to prepare statutory financial

statements that give a true and fair view of the assets, liabilities, financial position and loss of Just 4 Paws Ltd. You

consider that Just 4 Paws Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Just 4 Paws Ltd. For this

reason, we have not verified the accuracy or completeness of the accounting records or information and explanations

you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Eddisons

Chartered Accountants

16/18 Devonshire Street

Keighley

BD21 2DG

27 November 2014