Abbreviated Company Accounts - THE MAGIC TOY SHOP LTD

Abbreviated Company Accounts - THE MAGIC TOY SHOP LTD

THE MAGIC TOY SHOP LTD - Company Information

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Registered Number 06817660

THE MAGIC TOY SHOP LTD

Abbreviated Accounts

31 March 2014

THE MAGIC TOY SHOP LTD Registered Number 06817660

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 263,503 230,409
263,503 230,409
Current assets
Stocks 252,762 194,659
Debtors 45,850 -
Cash at bank and in hand 484,188 156,574
782,800 351,233
Creditors: amounts falling due within one year (204,251) (118,325)
Net current assets (liabilities) 578,549 232,908
Total assets less current liabilities 842,052 463,317
Total net assets (liabilities) 842,052 463,317
Capital and reserves
Called up share capital 100 100
Profit and loss account 841,952 463,217
Shareholders' funds 842,052 463,317
  • 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 18 December 2014

And signed on their behalf by:
Atanas Ibrishimov, Director
Slavena Ibrishimova, Director

THE MAGIC TOY SHOP LTD Registered Number 06817660

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.

2Tangible fixed assets
£
Cost
At 1 April 2013 230,409
Additions 33,094
Disposals -
Revaluations -
Transfers -
At 31 March 2014 263,503
Depreciation
At 1 April 2013 -
Charge for the year -
On disposals -
At 31 March 2014 -
Net book values
At 31 March 2014 263,503
At 31 March 2013 230,409