1ST TIER LIMITED - Accounts 2014

1ST TIER LIMITED - Accounts 2014

1ST TIER LIMITED - Company Information

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2013-03-012014-02-2803717922falsetruehttp://www.companieshouse.gov.uk/cd:Director12013-03-012014-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12013-03-012014-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12013-02-28http://www.companieshouse.gov.uk/2012-02-292013-02-28http://www.companieshouse.gov.uk/2013-03-012014-02-28http://www.companieshouse.gov.uk/2013-02-28http://www.companieshouse.gov.uk/2014-02-28http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2013-03-012014-02-28http://www.companieshouse.gov.uk/2013-02-28iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 03717922
Ist Tier Limited
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 28/02/2014
Prepared By:
The Newgate Agency
Accountants
84A
Queens Road
Walton on Thames
Surrey
KT12 5LN

Ist Tier Limited
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 28/02/2014
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 03717922

Ist Tier Limited
Registered Number: 03717922
BALANCE SHEET AT 28/02/2014
20142013
Notes££
CURRENT ASSETS
Stock121,030-
Cash at bank and in hand3,89261
124,92261
CREDITORS: Amounts falling due within one year23,169549
NET CURRENT ASSETS / (LIABILITIES)101,753(488)
TOTAL ASSETS LESS CURRENT LIABILITIES101,753(488)
CREDITORS: Amounts falling due after more than one year2596,891497,848
NET LIABILITIES(495,138)(498,336)
CAPITAL AND RESERVES
Called up share capital322
Profit and loss account(495,140)(498,338)
SHAREHOLDERS' FUNDS(495,138)(498,336)
For the year ending 28/02/2014 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 13/10/2014 and signed on their behalf by
M Windett
Director

Ist Tier Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28/02/2014
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).
1c. Stocks
Stock and work in progress are valued at the lower of cost and and net realisable value, after due regard for obsolete and slow moving stocks.
1d. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
2. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20142013
££
Other creditors596,891497,848
596,891497,848
3. SHARE CAPITAL 20142013
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22