Abbreviated Company Accounts - ASA DECORATIONS LIMITED

Abbreviated Company Accounts - ASA DECORATIONS LIMITED

ASA DECORATIONS LIMITED - Company Information

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Registered Number 06125275

ASA DECORATIONS LIMITED

Abbreviated Accounts

28 February 2014

ASA DECORATIONS LIMITED Registered Number 06125275

Abbreviated Balance Sheet as at 28 February 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 7,238 3,267
7,238 3,267
Current assets
Stocks 1,422 1,282
Debtors 16,243 1,018
Cash at bank and in hand 2,091 782
19,756 3,082
Creditors: amounts falling due within one year (15,511) (1,230)
Net current assets (liabilities) 4,245 1,852
Total assets less current liabilities 11,483 5,119
Creditors: amounts falling due after more than one year 0 (193)
Accruals and deferred income (720) (485)
Total net assets (liabilities) 10,763 4,441
Capital and reserves
Called up share capital 1 1
Profit and loss account 10,762 4,440
Shareholders' funds 10,763 4,441
  • For the year ending 28 February 2014 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 30 November 2014

And signed on their behalf by:
Mr S Aris, Director

ASA DECORATIONS LIMITED Registered Number 06125275

Notes to the Abbreviated Accounts for the period ended 28 February 2014

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover amounted to £123,698 (2013 - £41,803). All UK Sales.

Tangible assets depreciation policy
Tangible Fixed Assets are depreciated at a rate of 25% Reducing Balance.

2Tangible fixed assets
£
Cost
At 1 March 2013 14,770
Additions 9,295
Disposals (12,770)
Revaluations -
Transfers -
At 28 February 2014 11,295
Depreciation
At 1 March 2013 11,503
Charge for the year 2,413
On disposals (9,859)
At 28 February 2014 4,057
Net book values
At 28 February 2014 7,238
At 28 February 2013 3,267