Abbreviated Company Accounts - FASTINA LIMITED

Registered Number 06541053

FASTINA LIMITED

Abbreviated Accounts

31 March 2014

FASTINA LIMITED Registered Number 06541053

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	9,957	11,913
		9,957	11,913
Current assets
Stocks		65,850	53,120
Debtors		14,997	35,512
Cash at bank and in hand		25,258	23,341
		106,105	111,973
Creditors: amounts falling due within one year		(35,051)	(41,060)
Net current assets (liabilities)		71,054	70,913
Total assets less current liabilities		81,011	82,826
Total net assets (liabilities)		81,011	82,826
Capital and reserves
Called up share capital		100	100
Profit and loss account		80,911	82,726
Shareholders' funds		81,011	82,826

For the year ending 31 March 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 4 December 2014

And signed on their behalf by:
Mr O.Karaarslan, Director

FASTINA LIMITED Registered Number 06541053

Notes to the Abbreviated Accounts for the period ended 31 March 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 represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures, Fittings and Equipment 15% per annum on a reducing balance basis
Motor Vehicles 15% per annum on a reducing balance basis

2Tangible fixed assets

	£
Cost
At 1 April 2013	26,889
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	26,889
Depreciation
At 1 April 2013	14,976
Charge for the year	1,956
On disposals	-
At 31 March 2014	16,932
Net book values
At 31 March 2014	9,957
At 31 March 2013	11,913