Furniture Wholesale Ltd - Abbreviated accounts

Registered number

08101465

Furniture Wholesale Ltd

Abbreviated Accounts

for the year ended 30 June 2014

Furniture Wholesale Ltd
Registered number:		08101465
Abbreviated Balance Sheet
as at 30 June 2014

Notes			2014			2013
£				£
Current assets
Stocks		5,750			3,900
Cash at bank and in hand		105			715
		5,855			4,615

Creditors: amounts falling due within one year		(5,232)			(4,422)

Net current assets			623			193

Net assets			623			193

Capital and reserves
Called up share capital	2		1			1
Profit and loss account			622			192

Shareholder's funds			623			193

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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 Hafeez Hamid
Director
Approved by the board on 13 August 2014

Furniture Wholesale Ltd
Notes to the Abbreviated Accounts
for the year ended 30 June 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.

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

2	Share capital	Nominal		2014		2014		2013
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		1		1		1