Orangeade Limited - Limited company - abbreviated

REGISTERED NUMBER: 03847577 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 1 March 2014

for

Orangeade Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M M Gamble

Ms L Taylor

SECRETARY:

Ms L Taylor

REGISTERED OFFICE:

64 Tymecrosse Gardens

Market Harborough

Leicestershire

LE16 7US

REGISTERED NUMBER:

03847577 (England and Wales)

ACCOUNTANTS:

torr waterfield

Park House

37 Clarence Street

Leicester

Leicestershire

LE1 3RW

FIXED ASSETS

Tangible assets

2

17,935

11,234

CURRENT ASSETS

Stocks

13,444

10,036

Debtors

29,063

33,603

Cash at bank

13,324

5,628

55,831

49,267

CREDITORS

Amounts falling due within one year

42,837

31,158

NET CURRENT ASSETS

12,994

18,109

TOTAL ASSETS LESS CURRENT
LIABILITIES

30,929

29,343

PROVISIONS FOR LIABILITIES

1,171

-

NET ASSETS

29,758

29,343

CAPITAL AND RESERVES

Called up share capital

3

5,295

Profit and loss account

24,463

24,048

SHAREHOLDERS' FUNDS

29,758

29,343

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 1 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 1 March 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 25 November 2014 and were signed on its behalf by:

M M Gamble - Director

Ms L Taylor - 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.

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

-

25% on cost and 20% on cost

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 2 March 2013

104,179

Additions

12,014

Disposals

(4,943

)

At 1 March 2014

111,250

DEPRECIATION

At 2 March 2013

92,945

Charge for year

5,313

Eliminated on disposal

(4,943

)

At 1 March 2014

93,315

NET BOOK VALUE

At 1 March 2014

17,935

At 1 March 2013

11,234

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

1.3.14

1.3.13

value:

£

2,695

Ordinary 'A'

£1

2,695

2,600

Ordinary 'B'

£1

2,600

5,295

Orangeade Limited - Limited company - abbreviated - 11.6

Orangeade Limited - Limited company - abbreviated - 11.6